Price for Fresh or Chilled Cabbage Lettuce in Singapore - 2023

Contents:

  1. Price for Fresh or Chilled Cabbage Lettuce in Singapore (CIF) - 2023
  2. Price for Fresh or Chilled Cabbage Lettuce in Singapore (FOB) - 2022
  3. Imports of Fresh or Chilled Cabbage Lettuce in Singapore
  4. Exports of Fresh or Chilled Cabbage Lettuce in Singapore

Price for Fresh or Chilled Cabbage Lettuce in Singapore (CIF) - 2023

In June 2023, the average import price for fresh or chilled cabbage lettuce amounted to $1,586 per ton, increasing by 4.8% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in January 2023 an increase of 8.1% against the previous month. As a result, import price reached the peak level of $1,596 per ton; afterwards, it flattened through to June 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($3,245 per ton), while the price for China ($1,387 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fresh or Chilled Cabbage Lettuce in Singapore (FOB) - 2022

In 2022, the average export price for fresh or chilled cabbage lettuce amounted to $1,342 per ton, which is down by -45.9% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 163% against the previous year. As a result, the export price attained the peak level of $2,481 per ton, and then contracted remarkably in the following year.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Brunei Darussalam ($1,869 per ton), while the average price for exports to Malaysia ($1,323 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 Cambodia (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fresh or Chilled Cabbage Lettuce in Singapore

In 2022, imports of fresh or chilled cabbage lettuce into Singapore reduced slightly to 8.7K tons, waning by -3.6% against the year before. Overall, imports recorded a pronounced decline. The most prominent rate of growth was recorded in 2021 with an increase of 3.8%.

In value terms, fresh or chilled cabbage lettuce imports fell to $12M in 2022. The total import value increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. As a result, imports attained the peak of $13M, and then dropped slightly in the following year.

Import of Fresh or Chilled Cabbage Lettuce in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia9.08.09.610.44.9%
China1.01.11.50.9-3.5%
Thailand0.81.11.00.5-14.5%
Others0.30.40.50.518.6%
Total11.110.612.612.43.8%

Top Suppliers of Fresh or Chilled Cabbage Lettuce to Singapore in 2022:

  1. Malaysia (7.6K tons)
  2. China (0.8K tons)
  3. Thailand (0.2K tons)

Exports of Fresh or Chilled Cabbage Lettuce in Singapore

In 2022, fresh or chilled cabbage lettuce exports from Singapore soared to 34 tons, growing by 97% on the previous year's figure. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 265%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, fresh or chilled cabbage lettuce exports totaled $45K in 2022. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 470%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Fresh or Chilled Cabbage Lettuce in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia6.02.235.841.891.0%
Indonesia0.83.02.02.240.1%
Brunei Darussalam0.22.14.01.176.5%
Others0.90.20.5N/A-25.5%
Total7.97.442.345.178.7%

Top Export Markets for Fresh or Chilled Cabbage Lettuce from Singapore in 2022:

  1. Malaysia (31.6 tons)
  2. Indonesia (1.4 tons)
  3. Brunei Darussalam (0.6 tons)

Source: IndexBox Market Intelligence Platform

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