Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Singapore - 2023
Contents:
- Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Singapore (CIF) - 2023
- Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Singapore (FOB) - 2022
- Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Singapore
- Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Singapore
Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Singapore (CIF) - 2023
In September 2022, the average import price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes amounted to $3,422 per ton, reducing by -35.7% against the previous month. Overall, the import price showed a abrupt setback. As a result, import price attained the peak level of $6,232 per ton. From July 2022 to September 2022, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($19,176 per ton), while the price for China ($2,570 per ton) was amongst the lowest.
From June 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Canada (-5.6%), while the prices for the other major suppliers experienced a decline.
Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Singapore (FOB) - 2022
In 2022, the average export price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes amounted to $4,423 per ton, picking up by 1.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The pace of growth appeared the most rapid in 2014 when the average export price increased by 20%. Over the period under review, the average export prices reached the peak figure at $5,163 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brunei Darussalam ($6,892 per ton), while the average price for exports to Malaysia ($3,734 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 Indonesia (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Singapore
In 2022, approx. 14K tons of apricots, cherries, peaches (including nectarines), plums and sloes, freshes were imported into Singapore; dropping by -6.1% compared with the previous year. Overall, imports recorded a deep downturn.
In value terms, imports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes dropped to $71M in 2022. In general, imports showed a perceptible reduction. The smallest decline of -1% was in 2021.
| Import of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 12.1 | 12.7 | 12.6 | 10.8 | -3.7% |
| United States | 12.3 | 9.9 | 8.1 | 5.6 | -23.1% |
| Turkey | 3.8 | 3.9 | 3.9 | 4.7 | 7.3% |
| China | 2.2 | 2.4 | 2.3 | 3.1 | 12.1% |
| Spain | 2.8 | 2.2 | 2.3 | 1.7 | -15.3% |
| Chile | 1.0 | 1.4 | 1.5 | 1.3 | 9.1% |
| South Africa | 0.5 | 0.6 | 1.1 | 1.1 | 30.1% |
| Others | 45.5 | 43.1 | 43.6 | 42.4 | -2.3% |
| Total | 80.2 | 76.2 | 75.5 | 70.6 | -4.2% |
Top Suppliers of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh to Singapore in 2022:
- Australia (2.4K tons)
- China (1.5K tons)
- Turkey (0.8K tons)
- United States (0.5K tons)
- Spain (0.5K tons)
- South Africa (0.4K tons)
- Chile (0.2K tons)
Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Singapore
For the fourth consecutive year, Singapore recorded growth in shipments abroad of apricots, cherries, peaches (including nectarines), plums and sloes, freshes, which increased by 7.1% to 991 tons in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.2% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 35% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes rose sharply to $4.4M in 2022. The total export value increased at an average annual rate of +10.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 13%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 878 | 752 | 1,025 | 1,331 | 14.9% |
| Brunei Darussalam | 319 | 495 | 536 | 398 | 7.7% |
| Indonesia | 65.2 | 114 | 156 | 274 | 61.4% |
| Vietnam | 159 | 45.2 | 83.5 | 97.9 | -14.9% |
| Cambodia | 208 | 254 | 51.8 | 54.0 | -36.2% |
| United Arab Emirates | N/A | 68.3 | 112 | N/A | 64.0% |
| Others | 1,649 | 1,820 | 2,052 | 2,231 | 10.6% |
| Total | 3,277 | 3,549 | 4,016 | 4,385 | 10.2% |
Top Export Markets for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh from Singapore in 2022:
- Malaysia (356.3 tons)
- Brunei Darussalam (57.7 tons)
- Indonesia (48.9 tons)
- Vietnam (16.1 tons)
- Cambodia (8.3 tons)
778
This report provides an in-depth analysis of the apricot market in Singapore.
986
This report provides an in-depth analysis of the market for cherry and sour cherry in Singapore.
656
This report provides an in-depth analysis of the sour cherry market in Singapore.
696
This report provides an in-depth analysis of the peach and nectarine market in Singapore.
765
This report provides an in-depth analysis of the plum and sloe market in Singapore.
482
This report provides an in-depth analysis of the cherry market in Singapore.
547
This report provides an in-depth analysis of the berry market in Singapore.
731
This report provides an in-depth analysis of the fruit and berry market in Singapore.
3017
This report provides an in-depth analysis of the global apricot market.
5233
This report provides an in-depth analysis of the global market for cherry and sour cherry.
189
The global apricot market is expected to experience a steady increase in consumption over the next seven years, with market volume projected to reach 4.4M tons and market value expected to reach $6.8B by 2030.
564
Spain and Italy remain the leading apricot suppliers worldwide, strongly increasing their exports during the past decade.
1595
The global apricot market revenue amounted to $5.9B in 2018, surging by 2.8% against the previous year. This figure...
1683
France continued its dominance in the global apricot trade. In 2014, France exported X thousand tons of apricot totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its total apricot
212
Explore the top import markets for cherry and sour cherry and discover the countries driving the global demand for these delicious fruits.
1635
The global cherry market revenue amounted to $12.3B in 2018, increasing by 11% against the previous year. This figure...
913
The global cherry market increased gradually from X thousand tons in 2007 to X thousand tons in 2016, with only mild fluctuations over the period under review. Overall, it expanded at an average annual rate of +X from 2007 to 2016. In val
4273
Global cherry consumption amounted to X thousand tons in 2015, approximately equating the previous year level.
2100
Global cherry exports amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
4263
Global cherry imports amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
