Singapore: Frozen Orange Juice Market 2020

Frozen Orange Juice Market Size in Singapore

The revenue of the frozen orange juice market in Singapore amounted to $X in 2018, declining by -X% against the previous year. Over the period under review, frozen orange juice consumption continues to indicate an abrupt descent. The most prominent rate of growth was recorded in 2017 when the market value increased by X% y-o-y. Over the period under review, the frozen orange juice market reached its maximum level at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Frozen Orange Juice Production in Singapore

In value terms, frozen orange juice production totaled $X in 2018 estimated in export prices. Overall, frozen orange juice production continues to indicate an abrupt curtailment. The most prominent rate of growth was recorded in 2012 when production volume increased by X% year-to-year. Frozen orange juice production peaked at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Frozen Orange Juice Exports

Exports from Singapore

Frozen orange juice exports from Singapore totaled X tons in 2018, declining by -X% against the previous year. In general, frozen orange juice exports, however, continue to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Exports peaked at X tons in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

In value terms, frozen orange juice exports totaled $X in 2018. Over the period under review, frozen orange juice exports, however, continue to indicate slight growth. The pace of growth was the most pronounced in 2008 when exports increased by X% year-to-year. Exports peaked at $X in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Malaysia (X tons) was the main destination for frozen orange juice exports from Singapore, accounting for a X% share of total exports. Moreover, frozen orange juice exports to Malaysia exceeded the volume sent to the second major destination, Congo (X tons), fivefold. South Korea (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Malaysia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Congo (+X% per year) and South Korea (-X% per year).

In value terms, Malaysia ($X) remains the key foreign market for frozen orange juice exports from Singapore, comprising X% of total frozen orange juice exports. The second position in the ranking was occupied by Congo ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Malaysia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Congo (+X% per year) and South Korea (-X% per year).

Export Prices by Country

In 2018, the average frozen orange juice export price amounted to $X per ton, increasing by X% against the previous year. In general, the frozen orange juice export price, however, continues to indicate a measured drop. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. The export price peaked at $X per ton in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was New Zealand ($X per ton), while the average price for exports to Congo ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Orange Juice Imports

Imports into Singapore

In 2018, the frozen orange juice imports into Singapore stood at X tons, coming down by -X% against the previous year. In general, the total imports indicated modest growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, frozen orange juice imports decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Over the period under review, frozen orange juice imports attained their peak figure at X tons in 2011; however, from 2012 to 2018, imports remained at a lower figure.

In value terms, frozen orange juice imports amounted to $X in 2018. The total import value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. In that year, frozen orange juice imports reached their peak of $X. From 2015 to 2018, the growth of frozen orange juice imports remained at a lower figure.

Imports by Country

In 2018, Brazil (X tons) constituted the largest supplier of frozen orange juice to Singapore, with a X% share of total imports. Moreover, frozen orange juice imports from Brazil exceeded the figures recorded by the second-largest supplier, the U.S. (X tons), fourfold. Malaysia (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Brazil stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Malaysia (-X% per year).

In value terms, Brazil ($X) constituted the largest supplier of frozen orange juice to Singapore, comprising X% of total frozen orange juice imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports. It was followed by Israel, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from Brazil totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Israel (+X% per year).

Import Prices by Country

The average frozen orange juice import price stood at $X per ton in 2018, increasing by X% against the previous year. Overall, the frozen orange juice import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. The import price peaked at $X per ton in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per ton), while the price for the U.S. ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Belgium, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform