Report Update Nov 1, 2024

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

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Singapore: Oat Market 2024

Oat Market Size in Singapore

In 2022, the Singaporean oat market decreased by -38.3% to $X, falling for the second year in a row after two years of growth. In general, consumption, however, saw a strong increase. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Oat Exports

Exports from Singapore

After two years of growth, overseas shipments of oats decreased by -15.2% to X tons in 2022. Over the period under review, exports, however, showed a strong increase. The pace of growth appeared the most rapid in 2018 when exports increased by 97%. The exports peaked at X tons in 2021, and then dropped dramatically in the following year.

In value terms, oat exports shrank slightly to $X in 2022. In general, exports, however, showed a remarkable increase. The growth pace was the most rapid in 2018 when exports increased by 104% against the previous year. The exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Malaysia (X tons), Bangladesh (X tons) and the Philippines (X tons) were the main destinations of oat exports from Singapore, together comprising 93% of total exports.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of +133.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bangladesh ($X) remains the key foreign market for oats exports from Singapore, comprising 52% of total exports. The second position in the ranking was held by Malaysia ($X), with a 21% share of total exports. It was followed by the Philippines, with a 15% share.

From 2012 to 2022, the average annual growth rate of value to Bangladesh stood at +67.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+7.5% per year) and the Philippines (+100.7% per year).

Export Prices by Country

The average oat export price stood at $X per ton in 2022, increasing by 12% against the previous year. Over the period under review, the export price, however, recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2016 an increase of 22%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to Malaysia ($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 Thailand (+15.4%), while the prices for the other major destinations experienced more modest paces of growth.

Oat Imports

Imports into Singapore

In 2022, overseas purchases of oats decreased by -31% to X tons, falling for the second consecutive year after two years of growth. In general, imports, however, posted a perceptible expansion. The growth pace was the most rapid in 2019 with an increase of 72% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, oat imports contracted markedly to $X in 2022. Over the period under review, imports, however, posted a resilient increase. The growth pace was the most rapid in 2019 with an increase of 120% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

Australia (X tons), Germany (X tons) and the UK (X tons) were the main suppliers of oat imports to Singapore, with a combined 87% share of total imports. Belgium, Ireland, China and the United States lagged somewhat behind, together comprising a further 12%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ireland (with a CAGR of +513.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Australia ($X) and the UK ($X) constituted the largest oat suppliers to Singapore, with a combined 83% share of total imports. Belgium, China, Ireland and the United States lagged somewhat behind, together accounting for a further 15%.

In terms of the main suppliers, Ireland, with a CAGR of +463.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average oat import price stood at $X per ton in 2022, falling by -5.3% against the previous year. In general, the import price, however, continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2016 an increase of 45%. The import price peaked at $X per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Ireland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.0%), 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 oats in the world?

The countries with the highest volumes of oat consumption in 2021 were Russia, Canada and the United States, with a combined 37% share of global consumption.

What are the largest producers of oats in the world?

The countries with the highest volumes of oat production in 2021 were Canada, Russia and Poland, with a combined 42% share of global production. These countries were followed by Finland, Australia, Spain, the UK, Brazil, the United States, Sweden, Germany, Argentina and China, which together accounted for a further 36%.

What are the leading suppliers of oats to Singapore?

In value terms, the United States, the UK and Germany appeared to be the largest oat suppliers to Singapore, with a combined 76% share of total imports.

What are the leading importers of oats from Singapore?

In value terms, the largest markets for oat exported from Singapore were Vietnam, Malaysia and Bangladesh, together accounting for 66% of total exports. These countries were followed by Indonesia, the Philippines, Japan and Maldives, which together accounted for a further 23%.

What is the average export price for oats in Singapore?

In 2021, the average oat export price amounted to $1,994 per ton, increasing by 12% against the previous year.

What is the average import price for oats in Singapore?

In 2021, the average oat import price amounted to $708 per ton, with an increase of 32% against the previous year.

This report provides an in-depth analysis of the oat 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 75 - Oats

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