Report Update Nov 1, 2024

Singapore - Rape or Colza Seed - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Market for Rape Or Colza Seed 2024

Market Size for Rape Or Colza Seed in Singapore

In 2022, the Singaporean rape and colza seed market increased by 2.2% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, continues to indicate a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Exports of Rape Or Colza Seed

Exports from Singapore

For the fifth year in a row, Singapore recorded decline in shipments abroad of rape or colza seed, which decreased by -6.5% to X tons in 2017. In general, exports recorded a sharp reduction. The smallest decline of -5.2% was in 2016. The exports peaked at X tons in 2012; however, from 2013 to 2017, the exports remained at a lower figure.

In value terms, rape and colza seed exports reduced dramatically to $X in 2017. Over the period under review, exports continue to indicate a deep downturn. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2017, the exports remained at a lower figure.

Exports by Country

Timor-Leste (X tons) was the main destination for rape and colza seed exports from Singapore, with a approx. 100% share of total exports.

From 2012 to 2017, the average annual growth rate of volume to Timor-Leste was relatively modest.

In value terms, Timor-Leste ($X) emerged as the key foreign market for rape or colza seed exports from Singapore.

From 2012 to 2017, the average annual rate of growth in terms of value to Timor-Leste was relatively modest.

Export Prices by Country

In 2017, the average rape and colza seed export price amounted to $X per ton, which is down by -9.3% against the previous year. In general, the export price, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014 an increase of 73% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2017, the average export prices failed to regain momentum.

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

From 2012 to 2017, the rate of growth in terms of prices for Indonesia amounted to +26.3% per year.

Imports of Rape Or Colza Seed

Imports into Singapore

In 2022, overseas purchases of rape or colza seed increased by 2.2% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, saw a deep reduction. The pace of growth was the most pronounced in 2018 with an increase of 9,116%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, rape and colza seed imports fell notably to $X in 2022. Over the period under review, imports, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2018 when imports increased by 11,295%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Ukraine (X tons) was the main rape and colza seed supplier to Singapore, with a 90% share of total imports. Moreover, rape and colza seed imports from Ukraine exceeded the figures recorded by the second-largest supplier, Moldova (X tons), more than tenfold. The United States (X tons) ranked third in terms of total imports with a 3.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Ukraine was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Moldova (-14.6% per year) and the United States (+36.8% per year).

In value terms, Ukraine ($X) constituted the largest supplier of rape or colza seed to Singapore, comprising 76% of total imports. The second position in the ranking was held by the United States ($X), with a 15% share of total imports. It was followed by Moldova, with an 8.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Ukraine was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+32.5% per year) and Moldova (-9.6% per year).

Import Prices by Country

The average rape and colza seed import price stood at $X per ton in 2022, shrinking by -26.6% against the previous year. Over the period under review, the import price, however, continues to indicate temperate growth. The most prominent rate of growth was recorded in 2021 an increase of 55% against the previous year. As a result, import price attained the peak level of $X per ton, and then fell rapidly 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 Canada ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+51.5%), 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 rape or colza seed in the world?

The countries with the highest volumes of rape and colza seed consumption in 2021 were China, Canada and India, together accounting for 49% of global consumption. These countries were followed by Germany, France, Poland, Japan, the UK, Russia, the United States, Belgium, Mexico and Pakistan, which together accounted for a further 37%.

What are the largest producers of rape or colza seed in the world?

The countries with the highest volumes of rape and colza seed production in 2021 were Canada, China and India, with a combined 59% share of global production. These countries were followed by France, Germany, Ukraine, Poland, Australia, Russia, the UK, the United States and the Czech Republic, which together accounted for a further 29%.

What are the leading suppliers of rape or colza seed to Singapore?

In value terms, Moldova constituted the largest supplier of rape and colza seed to Singapore.

What are the leading importers of rape or colza seed from Singapore?

In value terms, Indonesia remains the key foreign market for rape and colza seed exports from Singapore.

What is the average export price for rape or colza seed in Singapore?

The average rape and colza seed export price stood at $619 per ton in 2013, jumping by 48% against the previous year.

What is the average import price for rape or colza seed in Singapore?

The average rape and colza seed import price stood at $513 per ton in 2021, rising by 5.9% against the previous year.

This report provides an in-depth analysis of the market for rape and colza seed 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 270 - Rapeseed or colza seed

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