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Singapore - Crispbread - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSingapore: Crispbread Market 2024
Crispbread Market Size in Singapore
In 2021, the Singaporean crispbread market increased by 52% to $X, rising for the fifth consecutive year after three years of decline. Over the period under review, consumption saw a strong increase. Crispbread consumption peaked in 2021 and is likely to continue growth in the near future.
Crispbread Exports
Exports from Singapore
In 2021, the amount of crispbread exported from Singapore reduced rapidly to X tons, which is down by -29.9% against 2020 figures. Overall, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2018 when exports increased by 58% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.
In value terms, crispbread exports contracted notably to $X in 2021. In general, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2018 with an increase of 60%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Japan (X tons) was the main destination for crispbread exports from Singapore, with a 76% share of total exports. Moreover, crispbread exports to Japan exceeded the volume sent to the second major destination, Indonesia (X tons), more than tenfold. The third position in this ranking was taken by the Philippines (X tons), with a 5.5% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Japan totaled -9.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (-7.2% per year) and the Philippines (+9.4% per year).
In value terms, Japan ($X) remains the key foreign market for crispbread exports from Singapore, comprising 72% of total exports. The second position in the ranking was held by the Philippines ($X), with a 7% share of total exports. It was followed by Malaysia, with a 4.8% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Japan amounted to -9.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (+15.7% per year) and Malaysia (+23.0% per year).
Export Prices by Country
In 2021, the average crispbread export price amounted to $X per ton, picking up by 20% against the previous year. Over the period under review, export price indicated a slight increase from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, crispbread export price increased by +96.6% against 2016 indices. The growth pace was the most rapid in 2020 when the average export price increased by 36% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Maldives ($X per ton), while the average price for exports to Indonesia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+29.8%), while the prices for the other major destinations experienced more modest paces of growth.
Crispbread Imports
Imports into Singapore
For the third consecutive year, Singapore recorded growth in purchases abroad of crispbread, which increased by 78% to X tons in 2021. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2016 when imports increased by 395%. Imports peaked in 2021 and are expected to retain growth in the immediate term.
In value terms, crispbread imports surged to $X in 2021. Over the period under review, imports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2016 with an increase of 354%. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.
Imports by Country
In 2021, Malaysia (X tons) constituted the largest supplier of crispbread to Singapore, with a 24% share of total imports. Moreover, crispbread imports from Malaysia exceeded the figures recorded by the second-largest supplier, the UK (X tons), twofold. The United States (X tons) ranked third in terms of total imports with an 11% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from Malaysia amounted to +16.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+38.0% per year) and the United States (+19.1% per year).
In value terms, the largest crispbread suppliers to Singapore were the UK ($X), Australia ($X) and the United States ($X), together comprising 50% of total imports. Germany, Thailand, Malaysia, Lithuania, Japan and Vietnam lagged somewhat behind, together comprising a further 26%.
Among the main suppliers, Germany, with a CAGR of +38.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average crispbread import price stood at $X per ton in 2021, dropping by -26.5% against the previous year. Overall, the import price saw a abrupt decline. The most prominent rate of growth was recorded in 2013 when the average import price increased by 12%. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably country of origin: the country with the highest price was Australia ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (-2.7%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the crispbread market 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:
- Prodcom 10721130 - Crispbread
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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