Singapore - Cherries - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingCherry Price in Singapore - 2022
Contents:
- Cherry Price in Singapore (CIF) - 2022
- Cherry Price in Singapore (FOB) - 2022
- Cherry Imports in Singapore
- Cherry Exports in Singapore
Cherry Price in Singapore (CIF) - 2022
In 2022, the average cherry import price amounted to $9,455 per ton, shrinking by -2.5% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 18%. As a result, import price reached the peak level of $11,193 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($14,104 per ton), while the price for Turkey ($6,010 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Cherry Price in Singapore (FOB) - 2022
In 2022, the average cherry export price amounted to $10,142 per ton, which is down by -10.7% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cherry export price decreased by -19.2% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 55%. As a result, the export price attained the peak level of $13,268 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brunei Darussalam ($13,890 per ton), while the average price for exports to Malaysia ($8,967 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 (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.
Cherry Imports in Singapore
Cherry imports into Singapore soared to 1.3K tons in 2022, growing by 20% on 2021 figures. The total import volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, cherry imports surged to $12M in 2022. The total import value increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Cherry in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 0.8 | 1.7 | 1.8 | 3.0 | 55.4% |
Australia | 1.8 | 2.5 | 2.2 | 2.2 | 6.9% |
United States | 5.3 | 3.1 | 3.0 | 2.2 | -25.4% |
Canada | 0.8 | 0.7 | 0.7 | 1.3 | 17.6% |
Chile | N/A | 0.3 | 0.9 | 1.0 | 82.6% |
Argentina | 0.3 | 0.2 | 0.9 | 0.8 | 38.7% |
New Zealand | 0.2 | 0.2 | 0.3 | 0.7 | 51.8% |
Spain | 0.2 | 0.1 | 0.2 | 0.4 | 26.0% |
Others | 0.1 | 0.1 | 0.2 | 0.5 | 71.0% |
Total | 9.4 | 8.8 | 10.3 | 12.0 | 8.5% |
Top Suppliers of Cherry to Singapore in 2022:
- Turkey (493.0 tons)
- Australia (195.0 tons)
- United States (159.2 tons)
- Chile (135.6 tons)
- Canada (100.1 tons)
- Argentina (64.7 tons)
- New Zealand (50.2 tons)
- Spain (37.5 tons)
Cherry Exports in Singapore
In 2022, cherry exports from Singapore surged to 53 tons, rising by 41% against 2021 figures. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +11.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.8% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, cherry exports soared to $540K in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.4% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Cherry in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 239 | 158 | 189 | 303 | 8.2% |
Brunei Darussalam | 114 | 196 | 170 | 127 | 3.7% |
Indonesia | 9.5 | 43.6 | 59.5 | 103 | 121.3% |
Others | 0.4 | 0.6 | 8.9 | 7.0 | 159.6% |
Total | 364 | 398 | 427 | 540 | 14.1% |
Top Export Markets for Cherry from Singapore in 2022:
- Malaysia (33.8 tons)
- Indonesia (9.9 tons)
- Brunei Darussalam (9.1 tons)
This report provides an in-depth analysis of the cherry 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:
- FCL 531 - Cherries
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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
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, HARVESTED AREA AND YIELD
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
-
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
-
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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
This report provides an in-depth analysis of the cherry market in Singapore.
This report provides an in-depth analysis of the market for cherry and sour cherry in Singapore.
This report provides an in-depth analysis of the berry market in Singapore.
This report provides an in-depth analysis of the fruit and berry market in Singapore.
This report provides an in-depth analysis of the apricot market in Singapore.
This report provides an in-depth analysis of the sour cherry market in Singapore.
This report provides an in-depth analysis of the peach and nectarine market in Singapore.
This report provides an in-depth analysis of the plum and sloe market in Singapore.
This report provides an in-depth analysis of the global cherry market.
This report provides an in-depth analysis of the global market for cherry and sour cherry.
Discover the top 10 countries that dominate the global cherry import market and their key statistics. Find out which nations are leading the way in cherry imports.
Explore the top import markets for cherry and sour cherry and discover the countries driving the global demand for these delicious fruits.
The global cherry market revenue amounted to $12.3B in 2018, increasing by 11% against the previous year. This figure...
The global cherry market increased gradually from X thousand tons in 2007 to X thousand tons in 2016, with only mild fluctuations over the period under review. Overall, it expanded at an average annual rate of +X from 2007 to 2016. In val
Global cherry consumption amounted to X thousand tons in 2015, approximately equating the previous year level.
Global cherry exports amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
Global cherry imports amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
In 2015, the countries with the highest levels of production in 2015 were Turkey (X thousand tons), the United States (X thousand tons), Iran (X thousand tons), together accounting for X% of total output.
The global cherry market increased gradually from X thousand tonnes in 2007 to X thousand tonnes in 2016, with only mild fluctuations over the period under review.
With a huge surge in exports in 2014, Chile seized control of the global cherry trade. In 2014, Chile exported X thousand tons of cherries totaling X million USD, a whopping X% over the previous year. Its primary trading partner was China, where