Price for Frozen raspberries, blackberries, mulberries, loganberries, black, white or red currants and gooseberriesFrozen raspberries, blackberries, mulberries, loganberries, black-, white- or red currants and gooseberries in Singapore - 2022

Contents:

  1. Price for Frozen Raspberries, Blackberries, Mulberries, Loganberries, Black-, White- or Red Currants and Gooseberries in Singapore (CIF) - 2022
  2. Price for Frozen Raspberries, Blackberries, Mulberries, Loganberries, Black-, White- or Red Currants and Gooseberries in Singapore (FOB) - 2022
  3. Imports of Frozen Raspberries, Blackberries, Mulberries, Loganberries, Black-, White- or Red Currants and Gooseberries in Singapore
  4. Exports of Frozen Raspberries, Blackberries, Mulberries, Loganberries, Black-, White- or Red Currants and Gooseberries in Singapore

Price for Frozen Raspberries, Blackberries, Mulberries, Loganberries, Black-, White- or Red Currants and Gooseberries in Singapore (CIF) - 2022

The average import price for frozen raspberries, blackberries, mulberries, loganberries, black-, white- or red currants and gooseberrieses stood at $9,223 per ton in September 2022, increasing by 24% against the previous month. In general, import price indicated perceptible growth from September 2021 to September 2022: its price increased at an average monthly rate of +4.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, import price for frozen raspberries, blackberries, mulberries, loganberries, black-, white- or red currants and gooseberrieses decreased by -8.9% against June 2022 indices. The pace of growth appeared the most rapid in January 2022 an increase of 77% m-o-m. As a result, import price reached the peak level of $10,129 per ton. From February 2022 to September 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was New Zealand ($13,566 per ton), while the price for Portugal ($6,147 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 China (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Frozen Raspberries, Blackberries, Mulberries, Loganberries, Black-, White- or Red Currants and Gooseberries in Singapore (FOB) - 2022

The average export price for frozen raspberries, blackberries, mulberries, loganberries, black-, white- or red currants and gooseberrieses stood at $12,186 per ton in 2022, with an increase of 83% against the previous year. In general, the export price continues to indicate prominent growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($128,363 per ton), while the average price for exports to Indonesia ($5,164 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 Hong Kong SAR (+134.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Frozen Raspberries, Blackberries, Mulberries, Loganberries, Black-, White- or Red Currants and Gooseberries in Singapore

In 2022, imports of frozen raspberries, blackberries, mulberries, loganberries, black-, white- or red currants and gooseberrieses into Singapore surged to 120 tons, picking up by 19% against the year before. The total import volume increased at an average annual rate of +15.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 31% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of frozen raspberries, blackberries, mulberries, loganberries, black-, white- or red currants and gooseberrieses dropped modestly to $578K in 2022. The total import value increased at an average annual rate of +12.3% 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 2020 with an increase of 50% against the previous year. As a result, imports reached the peak of $610K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Frozen Raspberries, Blackberries, Mulberries, Loganberries, Black-, White- or Red Currants and Gooseberries in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France17217422628618.5%
China11.818.032.184.993.1%
Belgium26.110.530.867.237.1%
Serbia37.669.466.943.55.0%
New Zealand77.513754.236.7-22.1%
Denmark5.31.21.723.263.6%
Poland1.97.14.216.7106.4%
United States20.932.934.92.7-49.4%
South Korea23.736.313.3N/A-25.1%
Others30.412312216.9-17.8%
Total40761058657812.4%

Top Suppliers of Frozen Raspberries, Blackberries, Mulberries, Loganberries, Black-, White- or Red Currants and Gooseberries to Singapore in 2022:

  1. China (51.2 tons)
  2. France (41.8 tons)
  3. Belgium (7.5 tons)
  4. Serbia (6.9 tons)
  5. New Zealand (4.1 tons)
  6. Poland (3.5 tons)
  7. Denmark (2.4 tons)
  8. United States (0.3 tons)

Exports of Frozen Raspberries, Blackberries, Mulberries, Loganberries, Black-, White- or Red Currants and Gooseberries in Singapore

In 2022, exports of frozen raspberries, blackberries, mulberries, loganberries, black-, white- or red currants and gooseberrieses from Singapore surged to 2.3 tons, picking up by 20% on 2021 figures. The total export volume increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of frozen raspberries, blackberries, mulberries, loganberries, black-, white- or red currants and gooseberrieses surged to $28K in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Frozen Raspberries, Blackberries, Mulberries, Loganberries, Black-, White- or Red Currants and Gooseberries in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia3.312.66.511.752.5%
Hong Kong SARN/A0.5N/A10.3353.9%
Brunei Darussalam2.00.4N/A3.520.5%
Timor-LesteN/A0.60.31.663.3%
Indonesia0.30.43.90.30.0%
Cambodia0.51.22.00.3-15.7%
United Arab Emirates8.3N/AN/AN/A0%
Others0.1N/AN/A0.10.0%
Total14.515.712.627.724.1%

Top Export Markets for Frozen Raspberries, Blackberries, Mulberries, Loganberries, Black-, White- or Red Currants and Gooseberries from Singapore in 2022:

  1. Malaysia (1546.0 kg)
  2. Brunei Darussalam (300.0 kg)
  3. Timor-Leste (230.0 kg)
  4. Hong Kong SAR (80.0 kg)
  5. Indonesia (67.0 kg)
  6. Cambodia (31.0 kg)

Source: IndexBox Market Intelligence Platform

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