Report Update Nov 1, 2024

Singapore - Cod, Salted or in Brine - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Market for Cod, Salted or in Brine 2024

Market Size for Cod, Salted or in Brine in Singapore

The Singaporean market for cod, salted or in brine dropped to $X in 2022, with a decrease of -2.4% against the previous year. Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Cod, Salted or in Brine in Singapore

In value terms, cod, salted or in brine production shrank slightly to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 55%. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Exports of Cod, Salted or in Brine

Exports from Singapore

Cod, salted or in brine exports from Singapore skyrocketed to X tons in 2022, picking up by 55% on the previous year's figure. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2015 when exports increased by 2,043%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, cod, salted or in brine exports surged to $X in 2022. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2015 with an increase of 2,258% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

The Philippines (X tons) was the main destination for cod, salted or in brine exports from Singapore, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Philippines amounted to +53.8%.

In value terms, the Philippines ($X) also remains the key foreign market for cod, salted or in brine exports from Singapore.

From 2012 to 2022, the average annual rate of growth in terms of value to the Philippines stood at +60.2%.

Export Prices by Country

The average export price for cod, salted or in brine stood at $X per ton in 2022, increasing by 3.6% against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cod, salted or in brine export price decreased by -4.1% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 53%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the Philippines amounted to +4.1% per year.

Imports of Cod, Salted or in Brine

Imports into Singapore

In 2022, the amount of cod, salted or in brine imported into Singapore surged to X kg, increasing by 36% against 2021. In general, imports, however, showed a noticeable contraction. The pace of growth appeared the most rapid in 2019 with an increase of 257%. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cod, salted or in brine imports plummeted to $X in 2022. Over the period under review, imports, however, continue to indicate a deep slump. The pace of growth was the most pronounced in 2019 when imports increased by 134% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Greece (X kg) and Japan (X kg) were the main suppliers of cod, salted or in brine imports to Singapore.

From 2014 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +68.5%).

In value terms, the largest cod, salted or in brine suppliers to Singapore were Greece ($X) and Japan ($X).

Japan, with a CAGR of +51.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

The average import price for cod, salted or in brine stood at $X per ton in 2022, reducing by -39.2% against the previous year. In general, the import price showed a pronounced decline. The pace of growth was the most pronounced in 2016 when the average import price increased by 55% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Greece totaled $X per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by China (+37.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cods, salted or in brine in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 39% share of global consumption. Portugal, Japan, Germany, Brazil, Indonesia, Bangladesh, the UK, Nigeria, France and Italy lagged somewhat behind, together accounting for a further 29%.

What are the largest producers of cods, salted or in brine in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 39% of global production. Japan, Portugal, Germany, Iceland, Indonesia, Bangladesh, the UK, Nigeria, Brazil and France lagged somewhat behind, together comprising a further 27%.

What are the leading suppliers of cods, salted or in brine to Singapore?

In value terms, Greece constituted the largest supplier of cods, salted or in brine to Singapore, comprising 52% of total imports. The second position in the ranking was occupied by Norway, with a 21% share of total imports. It was followed by Japan, with a 17% share.

What are the leading importers of cods, salted or in brine from Singapore?

In value terms, the Philippines remains the key foreign market for cods, salted or in brine exports from Singapore, comprising 94% of total exports. The second position in the ranking was occupied by Timor-Leste $492), with a 5.6% share of total exports.

What is the average export price for cods, salted or in brine in Singapore?

In 2021, the average export price for cods, salted or in brine amounted to $9,747 per ton, waning by -2.4% against the previous year.

What is the average import price for cods, salted or in brine in Singapore?

In 2021, the average import price for cods, salted or in brine amounted to $7,216 per ton, dropping by -5.5% against the previous year.

This report provides an in-depth analysis of the market for cod, salted or in brine 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:

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:

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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
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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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
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. 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