Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Singapore - 2023
Contents:
- Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Singapore (CIF) - 2022
- Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Singapore (FOB) - 2022
- Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Singapore
- Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Singapore
Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Singapore (CIF) - 2022
In 2022, the average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $1,602 per ton, falling by -6.4% against the previous year. In general, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses increased by +11.7% against 2019 indices. The most prominent rate of growth was recorded in 2016 an increase of 46% against the previous year. As a result, import price reached the peak level of $2,817 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($6,075 per ton), while the price for Bangladesh ($559 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Singapore (FOB) - 2022
The average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $2,807 per ton in 2022, falling by -16.8% against the previous year. Overall, the export price showed a deep setback. The growth pace was the most rapid in 2020 when the average export price increased by 27% against the previous year. Over the period under review, the average export prices hit record highs at $5,730 per ton in 2014; however, from 2015 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 Maldives ($10,336 per ton), while the average price for exports to Malaysia ($1,446 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 (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Singapore
In 2022, overseas purchases of cereal grains; rolled or flaked, of cereals excluding barley and oatses decreased by -28.3% to 110 tons, falling for the second year in a row after two years of growth. In general, imports saw a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 72% against the previous year. As a result, imports reached the peak of 250 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses reduced rapidly to $176K in 2022. Overall, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by 124%. As a result, imports reached the peak of $466K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 44.2 | 43.0 | 51.8 | 28.0 | -14.1% |
| Taiwan (Chinese) | 41.4 | 135 | 38.2 | 27.6 | -12.6% |
| United Kingdom | 13.4 | 5.8 | 19.2 | 24.6 | 22.4% |
| Malaysia | 22.0 | 51.7 | 25.0 | 19.1 | -4.6% |
| India | 8.5 | 37.6 | 15.3 | 15.2 | 21.4% |
| Germany | 8.1 | 14.8 | 10.8 | 8.2 | 0.4% |
| United States | 6.8 | 75.4 | 28.8 | 7.0 | 1.0% |
| Bangladesh | 4.2 | 6.7 | 0.7 | 3.8 | -3.3% |
| Thailand | 24.8 | 24.9 | 8.9 | 2.0 | -56.8% |
| Others | 34.8 | 70.6 | 64.2 | 41.1 | 5.7% |
| Total | 208 | 466 | 263 | 176 | -5.4% |
Top Suppliers of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats to Singapore in 2022:
- Australia (44.4 tons)
- Malaysia (14.6 tons)
- India (12.9 tons)
- Bangladesh (6.7 tons)
- Germany (6.5 tons)
- Taiwan (Chinese) (6.3 tons)
- United Kingdom (4.8 tons)
- United States (1.7 tons)
- Thailand (1.3 tons)
Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Singapore
Exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses from Singapore reduced remarkably to 17 tons in 2022, declining by -33.6% compared with the year before. Overall, exports showed a dramatic shrinkage. The smallest decline of -20.6% was in 2020.
In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses contracted significantly to $47K in 2022. Over the period under review, exports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 0.8%. As a result, the exports attained the peak of $138K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 87.6 | 62.2 | 21.9 | 17.5 | -41.5% |
| Thailand | 1.6 | 0.2 | N/A | 13.0 | 101.0% |
| Seychelles | 5.6 | 5.2 | 16.0 | 6.0 | 2.3% |
| Maldives | 21.7 | 14.1 | 27.8 | 5.8 | -35.6% |
| Vietnam | 2.4 | 1.2 | 2.0 | 1.9 | -7.5% |
| Indonesia | 0.2 | 52.2 | 13.4 | 0.9 | 65.1% |
| Others | 17.8 | 2.9 | 4.5 | 2.2 | -50.2% |
| Total | 137 | 138 | 85.6 | 47.3 | -29.8% |
Top Export Markets for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats from Singapore in 2022:
- Malaysia (12.1 tons)
- Vietnam (1.3 tons)
- Thailand (1.3 tons)
- Seychelles (1.2 tons)
- Maldives (0.6 tons)
- Indonesia (0.1 tons)
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