Singapore: Market for Roots and Tubers, nes 2022

Market Size for Roots and Tubers, nes in Singapore

After two years of growth, the Singaporean roots and tubers, nes market decreased by -X% to $X in 2020. Overall, the total consumption indicated strong growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Roots and tubers, nes consumption peaked at $X in 2014; however, from 2015 to 2020, consumption remained at a lower figure.

Production of Roots and Tubers, nes in Singapore

In value terms, roots and tubers, nes production rose notably to $X in 2020 estimated in export prices. Over the period under review, production saw prominent growth. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Roots and tubers, nes production peaked in 2020 and is expected to retain growth in years to come.

In 2020, the average roots and tubers, nes yield in Singapore rose markedly to X tons per ha, with an increase of X% against the previous year's figure. The yield figure increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2009 with an increase of X% year-to-year. Over the period under review, the average roots and tubers, nes yield reached the maximum level at X tons per ha in 2015; afterwards, it flattened through to 2020. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, approx. X ha of roots and tubers, nes were harvested in Singapore; approximately reflecting the year before. Overall, the harvested area saw a relatively flat trend pattern. Over the period under review, the harvested area dedicated to roots and tubers, nes production attained the maximum at X ha in 2007; afterwards, it flattened through to 2020.

Exports of Roots and Tubers, nes

Exports from Singapore

In 2020, overseas shipments of roots and tubers, nes decreased by -X% to X tons, falling for the fifth year in a row after three years of growth. In general, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, exports attained the peak of X tons. from 2016 to 2020, the growth exports failed to regain the momentum.

In value terms, roots and tubers, nes exports shrank modestly to $X in 2020. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2015; however, from 2016 to 2020, exports remained at a lower figure.

Exports by Country

Malaysia (X tons) was the main destination for roots and tubers, nes exports from Singapore, with a X% share of total exports. Moreover, roots and tubers, nes exports to Malaysia exceeded the volume sent to the second major destination, Brunei Darussalam (X tons), twofold. The third position in this ranking was occupied by Indonesia (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Malaysia totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brunei Darussalam (+X% per year) and Indonesia (-X% per year).

In value terms, Malaysia ($X) remains the key foreign market for roots and tubers, nes exports from Singapore, comprising X% of total exports. The second position in the ranking was occupied by Brunei Darussalam ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Malaysia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Brunei Darussalam (+X% per year) and Indonesia (+X% per year).

Export Prices by Country

The average roots and tubers, nes export price stood at $X per ton in 2020, rising by X% against the previous year. In general, export price indicated a prominent increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, roots and tubers, nes export price increased by +X% against 2016 indices. The growth pace was the most rapid in 2009 when the average export price increased by X% year-to-year. Over the period under review, average export prices reached the peak figure in 2020 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Fiji ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Fiji, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Roots and Tubers, nes

Imports into Singapore

In 2020, the amount of roots and tubers, nes imported into Singapore stood at X tons, leveling off at the year before. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

In value terms, roots and tubers, nes imports shrank modestly to $X in 2020. Over the period under review, total imports indicated a buoyant expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2017 indices. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X tons) constituted the largest supplier of roots and tubers, nes to Singapore, accounting for a X% share of total imports. Moreover, roots and tubers, nes imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), threefold. The third position in this ranking was occupied by Malaysia (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and Malaysia (+X% per year).

In value terms, China ($X) constituted the largest supplier of roots and tubers, nes to Singapore, comprising X% of total imports. The second position in the ranking was occupied by Thailand ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2007 to 2020, the average annual growth rate of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and Japan (+X% per year).

Import Prices by Country

In 2020, the average roots and tubers, nes import price amounted to $X per ton, shrinking by -X% against the previous year. Overall, import price indicated prominent growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, roots and tubers, nes import price increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2008 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Japan ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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