Singapore - Frozen Potatoes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Potato Price in Singapore - 2022
Contents:
- Frozen Potato Price in Singapore (CIF) - 2022
- Frozen Potato Price in Singapore (FOB) - 2022
- Frozen Potato Imports in Singapore
- Frozen Potato Exports in Singapore
Frozen Potato Price in Singapore (CIF) - 2022
In September 2022, the average frozen potato import price amounted to $2,452 per ton, increasing by 7.7% against the previous month. In general, import price indicated a temperate expansion from September 2021 to September 2022: its price increased at an average monthly rate of +4.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, frozen potato import price increased by +22.8% against May 2022 indices. The growth pace was the most rapid in January 2022 when the average import price increased by 34% m-o-m. Over the period under review, average import prices attained the peak figure in September 2022.
Average prices varied somewhat amongst the major supplying countries. In September 2022, the highest price was recorded for prices from Malaysia ($2,613 per ton) and the United States ($2,606 per ton), while the price for China ($1,777 per ton) and the Netherlands ($2,150 per ton) were amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Potato Price in Singapore (FOB) - 2022
The average frozen potato export price stood at $2,277 per ton in September 2022, picking up by 2.8% against the previous month. Overall, the export price enjoyed a tangible increase. The pace of growth appeared the most rapid in December 2021 an increase of 107% month-to-month. As a result, the export price attained the peak level of $4,311 per ton. From January 2022 to September 2022, the the average export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In September 2022, the country with the highest price was Brunei Darussalam ($3,100 per ton), while the average price for exports to the Philippines amounted to $2,232 per ton.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Potato Imports in Singapore
In 2022, the amount of frozen potatoes imported into Singapore soared to 40K tons, picking up by 19% on the year before. The total import volume increased at an average annual rate of +7.4% 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.
In value terms, frozen potato imports soared to $66M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Frozen Potato in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 38.3 | 29.7 | 34.2 | 43.4 | 4.3% |
| Belgium | 2.3 | 2.4 | 3.5 | 6.6 | 42.1% |
| Netherlands | 1.7 | 2.0 | 3.2 | 5.2 | 45.2% |
| China | 0.3 | 2.3 | 4.0 | 3.8 | 133.1% |
| Canada | 1.4 | 1.4 | 1.6 | 1.2 | -5.0% |
| Malaysia | 0.8 | 0.8 | 1.4 | 1.2 | 14.5% |
| Germany | 0.2 | 0.2 | 0.2 | 1.0 | 71.0% |
| Others | 1.5 | 4.0 | 2.9 | 4.1 | 39.8% |
| Total | 46.5 | 42.9 | 51.1 | 66.4 | 12.6% |
Top Suppliers of Frozen Potato to Singapore in 2022:
- United States (24.1K tons)
- Belgium (4.7K tons)
- Netherlands (3.7K tons)
- China (3.1K tons)
- Malaysia (0.7K tons)
- Germany (0.7K tons)
- Canada (0.6K tons)
Frozen Potato Exports in Singapore
In 2022, approx. 3.8K tons of frozen potatoes were exported from Singapore; picking up by 1,044% on 2021. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, frozen potato exports skyrocketed to $6.4M in 2022. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Frozen Potato in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | N/A | N/A | N/A | 3,068 | 0% |
| Saudi Arabia | N/A | N/A | N/A | 1,072 | 0% |
| Malaysia | 89.4 | 264 | 145 | 746 | 102.8% |
| United Arab Emirates | N/A | N/A | N/A | 655 | 0% |
| Brunei Darussalam | 18.7 | 26.3 | 65.5 | 383 | 173.6% |
| Oman | 135 | 50.5 | N/A | N/A | -62.6% |
| Others | 276 | 396 | 358 | 497 | 21.7% |
| Total | 520 | 736 | 569 | 6,422 | 131.1% |
Top Export Markets for Frozen Potato from Singapore in 2022:
- Philippines (1934.7 tons)
- Saudi Arabia (596.1 tons)
- Malaysia (464.9 tons)
- United Arab Emirates (438.9 tons)
- Brunei Darussalam (212.4 tons)
This report provides an in-depth analysis of the frozen potato 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 10311110 - Frozen potatoes, uncooked or cooked by steaming or boiling in water
- Prodcom 10311130 - Frozen potatoes, prepared or preserved (including potatoes cooked or partly cooked in oil and then frozen, excluding by vinegar or acetic acid)
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
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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
-
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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