Singapore - Gingerbread - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGingerbread Price in Singapore - 2022
Contents:
- Gingerbread Price in Singapore (CIF) - 2022
- Gingerbread Price in Singapore (FOB) - 2022
- Gingerbread Imports in Singapore
- Gingerbread Exports in Singapore
Gingerbread Price in Singapore (CIF) - 2022
In 2022, the average gingerbread import price amounted to $3,224 per ton, with an increase of 5.8% against the previous year. Overall, the import price, however, continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when the average import price increased by 10%. Over the period under review, average import prices hit record highs at $7,255 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($18,907 per ton), while the price for Bangladesh ($1,666 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Gingerbread Price in Singapore (FOB) - 2022
In 2022, the average gingerbread export price amounted to $25,579 per ton, growing by 86% against the previous year. In general, the export price posted a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($61,786 per ton), while the average price for exports to Australia ($24,652 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 (+46.4%), while the prices for the other major destinations experienced more modest paces of growth.
Gingerbread Imports in Singapore
For the fourth year in a row, Singapore recorded growth in supplies from abroad of gingerbread, which increased by 3.7% to 116 tons in 2022. The total import volume increased at an average annual rate of +5.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 9.6% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, gingerbread imports expanded significantly to $373K in 2022. The total import value increased at an average annual rate of +8.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 19% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Import of Gingerbread in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 160 | 189 | 144 | 172 | 2.4% |
| United Kingdom | 8.8 | 8.9 | 29.7 | 52.7 | 81.6% |
| Bangladesh | 23.0 | 16.3 | 32.2 | 47.0 | 26.9% |
| Malaysia | 11.1 | 12.2 | 17.0 | 26.0 | 32.8% |
| Sweden | 29.2 | 12.9 | 4.4 | 2.8 | -54.2% |
| Others | 56.8 | 104 | 113 | 72.1 | 8.3% |
| Total | 289 | 343 | 340 | 373 | 8.9% |
Top Suppliers of Gingerbread to Singapore in 2022:
- Vietnam (73.0 tons)
- Bangladesh (28.2 tons)
- United Kingdom (8.2 tons)
- Malaysia (1.8 tons)
- Sweden (0.7 tons)
Gingerbread Exports in Singapore
In 2022, shipments abroad of gingerbread increased by 63% to 575 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a precipitous shrinkage.
In value terms, gingerbread exports soared to $15K in 2022. Overall, exports, however, continue to indicate a drastic downturn.
| Export of Gingerbread in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | N/A | N/A | 12.3 | 0% |
| Indonesia | 20.7 | 3.9 | 2.3 | 1.6 | -57.4% |
| Thailand | 0.2 | 1.3 | N/A | 0.9 | 65.1% |
| Maldives | N/A | N/A | 1.3 | N/A | 0% |
| United Kingdom | 2.1 | N/A | N/A | N/A | 0% |
| Brunei Darussalam | 1.3 | 0.2 | 1.1 | N/A | -8.0% |
| Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Total | 24.3 | 5.5 | 4.8 | 14.7 | -15.4% |
Top Export Markets for Gingerbread from Singapore in 2022:
- Australia (497.0 kg)
- Indonesia (64.0 kg)
- Thailand (14.0 kg)
This report provides an in-depth analysis of the gingerbread 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:
- Prodcom 10721230 - Gingerbread and the like
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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