Singapore - Malt Extract And Food Preparations Of Flour, Meal, And Starch - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Singapore - Malt Extract And Food Preparations Of Flour, Meal, And Starch - Market Analysis, Forecast, Size, Trends And Insights

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Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Singapore - 2022

Contents:

  1. Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Singapore (FOB) - 2022
  2. Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Singapore (CIF) - 2022
  3. Exports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Singapore
  4. Imports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Singapore

Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Singapore (FOB) - 2022

The average export price for malt extract and food preparations of flour, meal, and starches stood at $3,358 per ton in September 2022, standing approximately at the previous month. Overall, export price indicated a pronounced increase from September 2021 to September 2022: its price increased at an average monthly rate of +3.2% 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, export price for malt extract and food preparations of flour, meal, and starches decreased by -11.4% against May 2022 indices. The growth pace was the most rapid in January 2022 an increase of 44% month-to-month. Over the period under review, the average export prices reached the maximum at $3,792 per ton in May 2022; however, from June 2022 to September 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the Philippines ($12,604 per ton), while the average price for exports to Ghana ($1,401 per ton) was amongst the lowest.

From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Singapore (CIF) - 2022

The average import price for malt extract and food preparations of flour, meal, and starches stood at $3,269 per ton in September 2022, falling by -6.4% against the previous month. Over the period from September 2021 to September 2022, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in January 2022 an increase of 42% against the previous month. The import price peaked at $4,129 per ton in July 2022; however, from August 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 Australia ($11,994 per ton), while the price for Malaysia ($2,486 per ton) was amongst the lowest.

From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by China (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Singapore

In 2022, shipments abroad of malt extract and food preparations of flour, meal, and starches was finally on the rise to reach 253K tons after two years of decline. Over the period under review, exports, however, recorded a abrupt curtailment.

In value terms, exports of malt extract and food preparations of flour, meal, and starches surged to $612M in 2022. Overall, exports, however, recorded a deep setback.

Export of Malt Extract and Food Preparations of Flour, Meal, and Starch in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand1181471161344.3%
Japan92.596.91041136.9%
Malaysia81.380.274.081.0-0.1%
Philippines25.922.832.546.121.2%
Netherlands38513425.545.1-51.1%
Myanmar45.437.728.930.9-12.0%
Vietnam49.510.925.629.8-15.6%
Indonesia72.244.526.019.8-35.0%
United States3.03.13.016.175.1%
Sri Lanka10.210.912.714.813.2%
Colombia5.74.96.112.931.3%
Ghana7.05.46.610.213.4%
Others25785.066.158.1-39.1%
Total1,152683527612-19.0%

Top Export Markets for Malt Extract and Food Preparations of Flour, Meal, and Starch from Singapore in 2022:

  1. Japan (56.7K tons)
  2. Malaysia (56.5K tons)
  3. Myanmar (21.8K tons)
  4. Sri Lanka (15.5K tons)
  5. Thailand (14.3K tons)
  6. Colombia (14.2K tons)
  7. Indonesia (12.3K tons)
  8. Vietnam (10.8K tons)
  9. Ghana (9.7K tons)
  10. United States (8.9K tons)
  11. Netherlands (6.7K tons)
  12. Philippines (6.1K tons)

Imports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Singapore

In 2022, imports of malt extract and food preparations of flour, meal, and starches into Singapore reduced to 21K tons, which is down by -10.1% against 2021 figures. In general, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 4.9%.

In value terms, imports of malt extract and food preparations of flour, meal, and starches fell to $57M in 2022. Over the period under review, imports saw a deep setback. The growth pace was the most rapid in 2021 with an increase of 4.1%.

Import of Malt Extract and Food Preparations of Flour, Meal, and Starch in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia32.526.628.629.3-3.4%
Netherlands18.415.713.57.1-27.2%
Thailand3.43.34.15.215.2%
United States1.51.81.41.86.3%
China1.71.61.91.6-2.0%
Others16.212.914.812.2-9.0%
Total73.761.964.457.2-8.1%

Top Suppliers of Malt Extract and Food Preparations of Flour, Meal, and Starch to Singapore in 2022:

  1. Malaysia (15.6K tons)
  2. Thailand (1.7K tons)
  3. Netherlands (0.7K tons)
  4. China (0.6K tons)
  5. United States (0.4K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for malt extract and food preparations of flour, meal, and starch 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 50 - Malt Extract
  • FCL 115 - Food Preparations of Flour, Meal or Malt Extract

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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