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Pepper import and export of Singapore in 2020

by mohan

Singapore, officially the Republic of Singapore, is an island nation in Southeast Asia. Singapore imports Pepper from many producing countries to meet domestic consumption and re-export business.

In 2018, Singapore imported 5,781 tons of pepper, of which pepper accounted for 87%. In the following year, Singapore’s pepper imports decreased by 52% to a total volume of 2,753 tons. In 2020, Singapore imported 3,408 tons of pepper, including 1,731 tons for re-export. The rate of pepper import and export of Singapore in the period 2018-2020 is 1.2: 1 respectively; 1,4: 1 and 2: 1. 5 countries that are Singapore’s largest pepper supplier in 2020 are Vietnam with 1,157 tons (accounting for 34% of Singapore’s total imported pepper in 2020), Indonesia with 910 tons (27%), Malaysia with 901 tons (26%), Brazil with 152 tons (4%) and Madagascar with 93 tons (3%).

In 2018, Singapore exported 4,807 tons of pepper, of which peppercorn accounted for 84% or 4,024 tons and ground pepper accounted for 16% or 783 tons. Singapore exported 401 tons per month on average in 2018 with the highest volume recorded in May with 699 tons. Singapore’s total pepper export turnover in 2018 amounted to US $ 21.9 million. Therefore, the average export price of Singapore pepper is recorded at 3,698 USD / ton for pepper and 9,052 USD / ton for ground pepper.

In 2019, Singapore’s pepper exports decreased by 58% compared to 2018 with a total import volume of 2,022 tons, of which pepper pepper accounted for 97%, equivalent to 1,963 tons, and ground pepper accounted for 3%, equivalent to 59 tons. Singapore’s pepper exports decreased significantly in 2019 due to a sharp decline in economic activity in the second quarter. the lowest level since 2009. Singapore’s average pepper export volume in 2019 was 169 tonnes / month with the highest recorded in May of 287 tonnes. Along with the decrease in volume, Singapore’s pepper export turnover decreased by 71% compared to the previous year with a total value of 6.3 million USD. As a result, Singapore’s average export price of pepper was recorded at $ 3,093 / ton for peppercorn and $ 4,976 / ton for ground pepper,

In 2020, Singapore exported 1,731 tons of pepper, of which pepper accounted for 92%, equivalent to 1,597 tons, and ground pepper for 8%, equivalent to 134 tons. Therefore, a 14% decrease compared to 2019 is recorded. The total pepper export turnover of Singapore in 2020 will reach 5.3 million USD, down 15% compared to 2019. The average pepper export price of Singapore in 2020 it will be 3,046 USD / ton for pepper and 3,935 USD / ton for ground pepper, which is a decrease of 2% and 21% respectively compared to 2019.

Pepper exports from Singapore are widely traded throughout Asia. In 2020, the top 5 countries for pepper exports from Singapore are Taiwan with 236 (down 0.2% compared to 2019), India with 183 tons (down 66%), Vietnam with 182 tons (up 130 million), the United States with 154 tons (down 28%) and South Africa with 135 tons (up 89%). Singapore’s pepper exports to India decreased because India switched to importing Pepper from a producer country such as Brazil (up 21% or 756 tons compared to 2019).

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