Price for Melons (Including Watermelons) and Papaws (Papayas); Fresh in Singapore - 2022
Contents:
- Price for Melons (Including Watermelons) and Papaws (Papayas); Fresh in Singapore (CIF) - 2022
- Price for Melons (Including Watermelons) and Papaws (Papayas); Fresh in Singapore (FOB) - 2022
- Imports of Melons (Including Watermelons) and Papaws (Papayas); Fresh in Singapore
- Exports of Melons (Including Watermelons) and Papaws (Papayas); Fresh in Singapore
Price for Melons (Including Watermelons) and Papaws (Papayas); Fresh in Singapore (CIF) - 2022
The average import price for melons (including watermelons) and papaws (papayas); freshes stood at $843 per ton in September 2022, rising by 4.4% against the previous month. Over the last eight months, it increased at an average monthly rate of +2.0%. The pace of growth was the most pronounced in April 2022 when the average import price increased by 17% month-to-month. The import price peaked at $902 per ton in June 2022; however, from July 2022 to September 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was the Philippines ($2,310 per ton), while the price for Malaysia ($537 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Melons (Including Watermelons) and Papaws (Papayas); Fresh in Singapore (FOB) - 2022
The average export price for melons (including watermelons) and papaws (papayas); freshes stood at $1,991 per ton in 2022, falling by -13.9% against the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for melons (including watermelons) and papaws (papayas); freshes increased by +41.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 29%. As a result, the export price attained the peak level of $2,314 per ton, and then fell in the following year.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($2,567 per ton), while the average price for exports to Malaysia ($1,728 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 Pakistan (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Melons (Including Watermelons) and Papaws (Papayas); Fresh in Singapore
For the third consecutive year, Singapore recorded decline in purchases abroad of melons (including watermelons) and papaws (papayas); freshes, which decreased by -1.9% to 69K tons in 2022. Over the period under review, imports saw a abrupt shrinkage.
In value terms, imports of melons (including watermelons) and papaws (papayas); freshes rose remarkably to $41M in 2022. Overall, imports, however, showed a slight increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Melons (Including Watermelons) and Papaws (Papayas); Fresh in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 24.2 | 21.0 | 20.8 | 22.1 | -3.0% |
China | 3.1 | 5.0 | 4.9 | 6.7 | 29.3% |
Australia | 7.3 | 5.4 | 6.4 | 5.4 | -9.6% |
Philippines | 1.2 | 1.4 | 1.5 | 1.9 | 16.6% |
Thailand | 0.7 | 1.1 | 1.3 | 1.6 | 31.7% |
Others | 3.3 | 3.5 | 4.2 | 3.4 | 1.0% |
Total | 39.9 | 37.2 | 39.1 | 41.0 | 0.9% |
Top Suppliers of Melons (Including Watermelons) and Papaws (Papayas); Fresh to Singapore in 2022:
- Malaysia (56.5K tons)
- China (6.1K tons)
- Australia (3.2K tons)
- Philippines (1.2K tons)
- Thailand (1.2K tons)
Exports of Melons (Including Watermelons) and Papaws (Papayas); Fresh in Singapore
In 2022, shipments abroad of melons (including watermelons) and papaws (papayas); freshes was finally on the rise to reach 304 tons after two years of decline. Over the period under review, exports, however, recorded a relatively flat trend pattern.
In value terms, exports of melons (including watermelons) and papaws (papayas); freshes totaled $606K in 2022. The total export value increased at an average annual rate of +11.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 18%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
Export of Melons (Including Watermelons) and Papaws (Papayas); Fresh in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 295 | 341 | 366 | 348 | 5.7% |
Indonesia | 36.2 | 96.8 | 192 | 240 | 87.9% |
Brunei Darussalam | 67.5 | 65.2 | 36.3 | 8.7 | -49.5% |
Others | 40.0 | 14.6 | 8.3 | 9.1 | -39.0% |
Total | 439 | 517 | 603 | 606 | 11.3% |
Top Export Markets for Melons (Including Watermelons) and Papaws (Papayas); Fresh from Singapore in 2022:
- Malaysia (201.7 tons)
- Indonesia (93.4 tons)
- Brunei Darussalam (3.6 tons)
This report provides an in-depth analysis of the watermelon market in Singapore.
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