Singapore: Market for Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes 2024

Market Size for Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes in Singapore

The Singaporean market for citrus fruit jams, marmalades, jellies, purees or pastes expanded slightly to $X in 2022, increasing by 3.9% against the previous year. In general, the total consumption indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +22.7% against 2020 indices. Over the period under review, the market hit record highs at $X in 2019; afterwards, it flattened through to 2022.

Production of Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes in Singapore

In value terms, citrus fruit jams and marmalades production contracted to $X in 2022 estimated in export price. In general, production recorded a resilient increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by 74%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes

Exports from Singapore

In 2022, shipments abroad of citrus fruit jams, marmalades, jellies, purees or pastes decreased by -52.7% to X tons, falling for the third year in a row after two years of growth. Over the period under review, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 99%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, citrus fruit jams and marmalades exports declined to $X in 2022. In general, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2019 when exports increased by 155% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Palau (X tons), Malaysia (X tons) and Japan (X tons) were the main destinations of citrus fruit jams and marmalades exports from Singapore, together accounting for 68% of total exports. Seychelles, Cambodia, Sri Lanka, Mongolia, Brunei Darussalam and Indonesia lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mongolia (with a CAGR of +192.8%), while the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Japan ($X) and Palau ($X) appeared to be the largest markets for citrus fruit jams and marmalades exported from Singapore worldwide, with a combined 65% share of total exports. Cambodia, Seychelles, Sri Lanka, Mongolia, Indonesia and Brunei Darussalam lagged somewhat behind, together accounting for a further 23%.

Among the main countries of destination, Mongolia, with a CAGR of +193.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for citrus fruit jams, marmalades, jellies, purees or pastes stood at $X per ton in 2022, picking up by 87% against the previous year. In general, the export price showed a temperate expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cambodia ($X per ton), while the average price for exports to Seychelles ($X 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 Malaysia (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes

Imports into Singapore

In 2022, purchases abroad of citrus fruit jams, marmalades, jellies, purees or pastes increased by 44% to X tons, rising for the second year in a row after five years of decline. In general, imports, however, continue to indicate a noticeable curtailment. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, citrus fruit jams and marmalades imports soared to $X in 2022. Over the period under review, imports, however, saw a slight slump. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

France (X tons), Malaysia (X tons) and South Korea (X tons) were the main suppliers of citrus fruit jams and marmalades imports to Singapore, with a combined 59% share of total imports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +8.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of citrus fruit jams, marmalades, jellies, purees or pastes to Singapore, comprising 40% of total imports. The second position in the ranking was taken by South Korea ($X), with a 14% share of total imports. It was followed by Malaysia, with a 9% share.

From 2012 to 2022, the average annual growth rate of value from France stood at +9.4%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-6.1% per year) and Malaysia (+4.8% per year).

Import Prices by Country

In 2022, the average import price for citrus fruit jams, marmalades, jellies, purees or pastes amounted to $X per ton, falling by -4.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2014 an increase of 26%. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then contracted slightly in the following year.

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 France ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+56.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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