Report Update Jan 1, 2025

Singapore - Carob - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Carob Market 2025

Carob Market Size in Singapore

After three years of growth, the Singaporean carob market decreased by -5.1% to $X in 2021. In general, consumption saw a temperate increase. Carob consumption peaked at $X in 2020, and then fell in the following year.

Carob Production in Singapore

In value terms, carob production contracted to $X in 2021 estimated in export price. Overall, the total production indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +73.8% against 2015 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by 33% against the previous year. Carob production peaked at $X in 2020, and then reduced in the following year.

Carob Exports

Exports by Country

Myanmar (X tons) was the main destination for carob exports from Singapore, accounting for a approx. 100% share of total exports.

From 2015 to 2015, the average annual rate of growth in terms of volume to Myanmar was relatively modest.

From 2015 to 2015, the average annual rate of growth in terms of value to Myanmar was relatively modest.

Carob Imports

Imports into Singapore

In 2016, purchases abroad of carob decreased by 0% to X kg for the first time since 2013, thus ending a two-year declining trend. Over the period under review, imports enjoyed significant growth. The smallest decline of 99.9% was in 2014. Imports peaked in 2016 and are likely to continue growth in the near future.

In value terms, carob imports stood at $X in 2016. In general, imports enjoyed significant growth. The smallest decline of 99.9% was in 2014. Over the period under review, imports reached the peak figure in 2016 and are likely to continue growth in the immediate term.

Imports by Country

In 2016, the United States (X kg) constituted the largest carob supplier to Singapore, with a 52% share of total imports. Moreover, carob imports from the United States exceeded the figures recorded by the second-largest supplier, Spain (X kg), twofold. The third position in this ranking was held by Indonesia (X kg), with a 19% share.

From 2013 to 2016, the average annual rate of growth in terms of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (0.0% per year) and Indonesia (-10.5% per year).

In value terms, Hong Kong SAR ($X) constituted the largest supplier of carob to Singapore, comprising 75% of total imports. The second position in the ranking was taken by the United States ($X), with a 20% share of total imports. It was followed by Spain, with a 2.4% share.

From 2013 to 2016, the average annual growth rate of value from Hong Kong SAR was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (0.0% per year) and Spain (0.0% per year).

Import Prices by Country

In 2016, the average carob import price amounted to $X per ton, remaining constant against the previous year. Over the period under review, the import price continues to indicate a significant expansion. The pace of growth was the most pronounced in 2014 a decrease of 99.9% against the previous year. The import price peaked in 2016 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2016, the country with the highest price was Hong Kong SAR ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2013 to 2016, the most notable rate of growth in terms of prices was attained by Indonesia (-13.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for carob in the world?

The countries with the highest volumes of carob consumption in 2020 were Portugal, Italy and Turkey, with a combined 51% share of global consumption. Morocco, Greece, Vietnam, Cyprus, France, Algeria, Switzerland, Lebanon and Egypt lagged somewhat behind, together accounting for a further 40%.

What are the largest producers of carob in the world?

The countries with the highest volumes of carob production in 2020 were Portugal, Italy and Morocco, with a combined 57% share of global production. These countries were followed by Turkey, Spain, Greece, Cyprus and Algeria, which together accounted for a further 36%.

What are the leading suppliers of carob to Singapore?

In value terms, Hong Kong SAR constituted the largest supplier of carob to Singapore, comprising 75% of total imports. The second position in the ranking was occupied by the U.S. $390), with a 20% share of total imports. It was followed by Spain, with a 2.4% share.

What is the average export price for carob in Singapore?

The average carob export price stood at $2,000 per ton in 2015, leveling off at the previous year.

What is the average import price for carob in Singapore?

The average carob import price stood at $2,278 per ton in 2016, flattening at the previous year.

This report provides an in-depth analysis of the carob 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 461 - Carobs

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024