Singapore - Wheat and Meslin Flour - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Wheat and Meslin Flour in Singapore - 2022
Contents:
- Price for Wheat and Meslin Flour in Singapore (CIF) - 2022
- Price for Wheat and Meslin Flour in Singapore (FOB) - 2022
- Imports of Wheat and Meslin Flour in Singapore
- Exports of Wheat and Meslin Flour in Singapore
Price for Wheat and Meslin Flour in Singapore (CIF) - 2022
The average wheat and meslin flour import price stood at $836 per ton in September 2022, remaining stable against the previous month. Over the period from January 2022 to September 2022, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in August 2022 an increase of 11% month-to-month. As a result, import price reached the peak level of $845 per ton, leveling off in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was India ($1,833 per ton), while the price for Sri Lanka ($581 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 India (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wheat and Meslin Flour in Singapore (FOB) - 2022
The average wheat and meslin flour export price stood at $687 per ton in 2022, rising by 20% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brunei Darussalam ($1,144 per ton), while the average price for exports to Papua New Guinea ($366 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 Taiwan (Chinese) (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wheat and Meslin Flour in Singapore
In 2022, imports of wheat and meslin flour into Singapore expanded modestly to 111K tons, with an increase of 2.1% on the previous year's figure. The total import volume increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 4.8%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.
In value terms, wheat and meslin flour imports expanded rapidly to $62M in 2022. The total import value increased at an average annual rate of +7.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Wheat and Meslin Flour in Singapore (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 18.2 | 17.5 | 17.4 | 19.6 | 2.5% |
Sri Lanka | 4.2 | 7.1 | 8.1 | 13.3 | 46.8% |
Japan | 9.7 | 9.3 | 10.7 | 11.4 | 5.5% |
Vietnam | 5.0 | 4.6 | 4.8 | 5.2 | 1.3% |
South Korea | 2.1 | 2.2 | 2.2 | 2.3 | 3.1% |
India | 3.6 | 4.1 | 3.6 | 1.7 | -22.1% |
Turkey | 0.9 | 0.8 | 0.8 | 0.5 | -17.8% |
Others | 6.0 | 6.1 | 6.8 | 8.3 | 11.4% |
Total | 49.8 | 51.7 | 54.4 | 62.4 | 7.8% |
Top Suppliers of Wheat and Meslin Flour to Singapore in 2022:
- Malaysia (32.3K tons)
- Sri Lanka (31.9K tons)
- Japan (21.9K tons)
- Vietnam (9.4K tons)
- South Korea (3.0K tons)
- India (2.6K tons)
- Turkey (1.0K tons)
Exports of Wheat and Meslin Flour in Singapore
In 2022, exports of wheat and meslin flour from Singapore declined notably to 60K tons, which is down by -25.9% compared with the previous year. Over the period under review, exports showed a mild curtailment. The growth pace was the most rapid in 2021 with an increase of 39%. As a result, the exports reached the peak of 81K tons, and then fell notably in the following year.
In value terms, wheat and meslin flour exports shrank to $41M in 2022. The total export value increased at an average annual rate of +3.2% over the period 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 2021 when exports increased by 34% against the previous year. As a result, the exports reached the peak of $46M, and then contracted in the following year.
Export of Wheat and Meslin Flour in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 17.5 | 16.7 | 19.9 | 23.4 | 10.2% |
Thailand | 9.2 | 7.7 | 6.7 | 8.1 | -4.2% |
Hong Kong SAR | 2.2 | 1.4 | 2.3 | 2.3 | 1.5% |
Brunei Darussalam | 1.8 | 1.9 | 1.9 | 1.6 | -3.9% |
Papua New Guinea | 0.6 | 2.1 | 1.1 | 0.9 | 14.5% |
United States | 1.2 | 0.7 | 0.6 | 0.7 | -16.4% |
Taiwan (Chinese) | 0.2 | 0.4 | 0.5 | 0.6 | 44.2% |
Indonesia | 0.8 | 0.5 | 10.4 | 0.5 | -14.5% |
South Korea | 0.8 | 0.6 | 0.5 | 0.5 | -14.5% |
Others | 2.9 | 2.4 | 2.2 | 2.3 | -7.4% |
Total | 37.3 | 34.4 | 46.0 | 41.0 | 3.2% |
Top Export Markets for Wheat and Meslin Flour from Singapore in 2022:
- Malaysia (34.8K tons)
- Thailand (12.5K tons)
- Hong Kong SAR (3.4K tons)
- Papua New Guinea (2.5K tons)
- Brunei Darussalam (1.4K tons)
- Taiwan (Chinese) (0.9K tons)
- United States (0.8K tons)
- South Korea (0.8K tons)
- Indonesia (0.7K tons)
This report provides an in-depth analysis of the market for wheat and meslin flour in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 16 - Flour of Wheat
Country coverage:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the top import markets for wheat and meslin flour in 2023, including key statistics and insights. Learn about the significant players in the global market for these essential food products.
Explore the top import markets for wheat and meslin flour in 2023, including key statistics and insights. Learn about the significant players in the global market for these essential food products.