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Singapore - Leeks And Other Alliaceous Vegetables - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLeek Price in Singapore - 2022
Contents:
- Leek Price in Singapore (CIF) - 2022
- Leek Price in Singapore (FOB) - 2022
- Leek Imports in Singapore
- Leek Exports in Singapore
Leek Price in Singapore (CIF) - 2022
The average leek import price stood at $2,672 per ton in September 2022, with an increase of 2.7% against the previous month. Over the period from September 2021 to September 2022, it increased at an average monthly rate of +3.3%. The growth pace was the most rapid in January 2022 an increase of 21% against the previous month. As a result, import price attained the peak level of $2,773 per ton. From February 2022 to September 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In September 2022, the country with the highest price was China ($2,633 per ton), while the price for Malaysia ($2,168 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Thailand (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Leek Price in Singapore (FOB) - 2022
The average leek export price stood at $2,084 per ton in 2022, reducing by -10.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2014 an increase of 47% against the previous year. As a result, the export price reached the peak level of $2,524 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brunei Darussalam ($2,757 per ton), while the average price for exports to Indonesia ($1,462 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Leek Imports in Singapore
In 2022, the amount of leeks and other alliaceous vegetables imported into Singapore was estimated at 4.5K tons, growing by 10% against 2021. The total import volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, leek imports rose significantly to $8.4M in 2022. The total import value increased at an average annual rate of +8.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 13% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
Import of Leek in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.4 | 3.8 | 4.1 | 4.5 | 9.8% |
Malaysia | 1.6 | 1.8 | 1.9 | 2.0 | 7.7% |
Thailand | 0.8 | 0.8 | 0.8 | 0.9 | 4.0% |
Netherlands | 0.4 | 0.5 | 0.3 | 0.4 | 0.0% |
Others | 0.4 | 0.5 | 0.7 | 0.6 | 14.5% |
Total | 6.6 | 7.4 | 7.9 | 8.4 | 8.4% |
Top Suppliers of Leek to Singapore in 2022:
- China (2518.2 tons)
- Malaysia (1312.8 tons)
- Thailand (498.0 tons)
- Netherlands (57.6 tons)
Leek Exports in Singapore
After two years of decline, overseas shipments of leeks and other alliaceous vegetables increased by 24% to 47 tons in 2022. Over the period under review, exports, however, recorded a abrupt slump.
In value terms, leek exports rose significantly to $99K in 2022. In general, exports, however, recorded a abrupt curtailment.
Export of Leek in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 101 | 104 | 68.9 | 69.2 | -11.8% |
Brunei Darussalam | 4.0 | 11.4 | 18.3 | 25.2 | 84.7% |
Indonesia | 8.6 | 0.1 | 0.5 | 2.3 | -35.6% |
Others | 1.9 | 2.0 | 0.9 | 2.0 | 1.7% |
Total | 115 | 117 | 88.6 | 98.7 | -5.0% |
Top Export Markets for Leek from Singapore in 2022:
- Malaysia (36.2 tons)
- Brunei Darussalam (9.1 tons)
- Indonesia (1.6 tons)
This report provides an in-depth analysis of the leek market in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 407 - Leeks and other alliaceous vegetables
Country coverage:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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