Singapore - Wheat Gluten - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWheat Gluten Price in Singapore - 2022
Contents:
- Wheat Gluten Price in Singapore (CIF) - 2022
- Wheat Gluten Price in Singapore (FOB) - 2022
- Wheat Gluten Imports in Singapore
- Wheat Gluten Exports in Singapore
Wheat Gluten Price in Singapore (CIF) - 2022
The average wheat gluten import price stood at $2,812 per ton in September 2022, approximately mirroring the previous month. In general, import price indicated a mild increase from January 2022 to September 2022: its price increased at an average monthly rate of +1.6% over the last eight months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, wheat gluten import price increased by +215.3% against July 2022 indices. The growth pace was the most rapid in August 2022 when the average import price increased by 213% month-to-month. The import price peaked at $2,974 per ton in April 2022; however, from May 2022 to September 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($7,352 per ton), while the price for Austria ($2,413 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by China (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Wheat Gluten Price in Singapore (FOB) - 2022
In 2022, the average wheat gluten export price amounted to $2,151 per ton, increasing by 7.3% against the previous year. In general, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wheat gluten export price increased by +104.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 86% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($2,174 per ton), while the average price for exports to Indonesia ($1,226 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 Malaysia (+4.8%), while the prices for the other major destinations experienced mixed trend patterns.
Wheat Gluten Imports in Singapore
In 2022, overseas purchases of wheat gluten decreased by -10.6% to 1.5K tons, falling for the second consecutive year after two years of growth. In general, imports showed a slight decline. The growth pace was the most rapid in 2020 when imports increased by 18%. As a result, imports reached the peak of 1.8K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, wheat gluten imports rose significantly to $3.2M in 2022. The total import value increased at an average annual rate of +8.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 16% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Wheat Gluten in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 203 | 236 | 676 | 883 | 63.2% |
| France | 1,023 | 1,222 | 999 | 672 | -13.1% |
| China | 350 | 529 | 433 | 518 | 14.0% |
| Austria | 191 | 182 | 267 | 441 | 32.2% |
| Belgium | 341 | 434 | 271 | 256 | -9.1% |
| Germany | 71.6 | 90.1 | 185 | 119 | 18.5% |
| Slovenia | N/A | N/A | N/A | 97.0 | 0% |
| Lithuania | 191 | 79.2 | N/A | N/A | -58.5% |
| Others | 147 | 134 | 226 | 246 | 18.7% |
| Total | 2,517 | 2,907 | 3,057 | 3,233 | 8.7% |
Top Suppliers of Wheat Gluten to Singapore in 2022:
- Netherlands (360.9 tons)
- France (340.0 tons)
- Austria (262.8 tons)
- China (232.7 tons)
- Belgium (127.6 tons)
- Germany (41.2 tons)
- Slovenia (33.6 tons)
Wheat Gluten Exports in Singapore
In 2022, wheat gluten exports from Singapore dropped to 290 tons, with a decrease of -11.7% compared with the previous year. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 520%. As a result, the exports reached the peak of 328 tons, and then reduced in the following year.
In value terms, wheat gluten exports contracted to $623K in 2022. In general, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 533% against the previous year. As a result, the exports attained the peak of $657K, and then reduced in the following year.
| Export of Wheat Gluten in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 152 | 60.4 | 608 | 574 | 55.7% |
| Sri Lanka | 58.5 | 36.6 | 42.5 | 40.0 | -11.9% |
| Indonesia | 0.2 | N/A | N/A | 5.7 | 205.5% |
| Papua New Guinea | 75.3 | N/A | N/A | N/A | 0% |
| Others | 13.7 | 6.8 | 6.8 | 2.9 | -40.4% |
| Total | 299 | 104 | 657 | 623 | 27.7% |
Top Export Markets for Wheat Gluten from Singapore in 2022:
- Malaysia (264.1 tons)
- Sri Lanka (20.0 tons)
- Indonesia (4.6 tons)
This report provides an in-depth analysis of the wheat gluten 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 24 - Wheat Gluten
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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This report provides an in-depth analysis of the wheat gluten market in Singapore.
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938
In 2020, global wheat gluten production reduced by -2.4% y-o-y to 1.1M tons. France, China and Belgium lead in world gluten manufacturing, with a combined 50%-share of its total volume. Global wheat gluten exports grew by +6% y-o-y to 928K tons in 2020. In value terms, world exports saw a drop, as the average wheat gluten export price decreased in the past year. Germany, Belgium and France were the largest gluten exporters in 2020. The UK and Poland recorded the highest export growth rates last year. Norway, Belgium, France and the Netherlands emerged as the countries with the highest per capita consumption figures.
810
The global wheat gluten market revenue amounted to $6.7B in 2018, rising by 20% against the previous year. This figure ref...
938
In 2020, global wheat gluten production reduced by -2.4% y-o-y to 1.1M tons. France, China and Belgium lead in world gluten manufacturing, with a combined 50%-share of its total volume. Global wheat gluten exports grew by +6% y-o-y to 928K tons in 2020. In value terms, world exports saw a drop, as the average wheat gluten export price decreased in the past year. Germany, Belgium and France were the largest gluten exporters in 2020. The UK and Poland recorded the highest export growth rates last year. Norway, Belgium, France and the Netherlands emerged as the countries with the highest per capita consumption figures.
810
The global wheat gluten market revenue amounted to $6.7B in 2018, rising by 20% against the previous year. This figure ref...
