Report Update Nov 1, 2024

Singapore - Bambara beans - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Bambara Bean Market 2024

Bambara Bean Market Size in Singapore

In 2022, after two years of growth, there was significant decline in the Singaporean bambara bean market, when its value decreased by -87.8% to $X. Overall, consumption faced a dramatic setback. Bambara bean consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Bambara Bean Exports

Exports from Singapore

In 2019, after two years of decline, there was decline in shipments abroad of bambara beans, when their volume decreased by -3.1% to X kg. Overall, exports, however, continue to indicate significant growth. The exports peaked at X kg in 2016; however, from 2017 to 2019, the exports stood at a somewhat lower figure.

In value terms, bambara bean exports reduced notably to $X in 2019. In general, exports, however, continue to indicate a significant expansion. The exports peaked at $X in 2016; however, from 2017 to 2019, the exports remained at a lower figure.

Exports by Country

Fiji (X kg) was the main destination for bambara bean exports from Singapore, accounting for a approx. 100% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of volume to Fiji was relatively modest.

In value terms, Fiji ($X) emerged as the key foreign market for bambara beans exports from Singapore.

From 2012 to 2019, the average annual growth rate of value to Fiji was relatively modest.

Export Prices by Country

In 2019, the average bambara bean export price amounted to $X per ton, waning by -17.4% against the previous year. Over the period under review, the export price recorded a abrupt setback. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2019, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Fiji.

From 2012 to 2019, the rate of growth in terms of prices for Myanmar amounted to -6.7% per year.

Bambara Bean Imports

Imports into Singapore

After two years of growth, supplies from abroad of bambara beans decreased by -90% to X kg in 2022. Over the period under review, imports recorded a significant decline. The most prominent rate of growth was recorded in 2017 with an increase of 942% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, bambara bean imports soared to $X in 2022. Overall, imports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2017 with an increase of 538% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Malaysia (X kg) was the main bambara bean supplier to Singapore, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Malaysia totaled +4.3%.

In value terms, Malaysia ($X) constituted the largest supplier of bambara beans to Singapore.

From 2012 to 2022, the average annual growth rate of value from Malaysia amounted to +89.8%.

Import Prices by Country

In 2022, the average bambara bean import price amounted to $X per ton, increasing by 3,764% against the previous year. Overall, the import price showed a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Malaysia.

From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +82.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bambara beans in the world?

The countries with the highest volumes of bambara bean consumption in 2020 were Burkina Faso, Niger and Cameroon, with a combined 61% share of global consumption. Mali, Togo, Zimbabwe and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further 31%.

What are the largest producers of bambara beans in the world?

The countries with the highest volumes of bambara bean production in 2020 were Burkina Faso, Niger and Cameroon, together accounting for 61% of global production. These countries were followed by Mali, Togo, Zimbabwe and Democratic Republic of the Congo, which together accounted for a further 31%.

What are the leading suppliers of bambara beans to Singapore?

In value terms, China $34) constituted the largest supplier of bambara bean to Singapore.

What is the average export price for bambara beans in Singapore?

In 2019, the average bambara bean export price amounted to $1,536 per ton, dropping by -17.1% against the previous year.

What is the average import price for bambara beans in Singapore?

The average bambara bean import price stood at $449 per ton in 2020, flattening at the previous year.

This report provides an in-depth analysis of the bambara bean 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 203 - Bambara beans

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. 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. 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. 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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
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
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023