Curry Price in Singapore - 2022
Contents:
Curry Price in Singapore (FOB) - 2022
The average curry export price stood at $8,767 per ton in 2022, surging by 8.8% against the previous year. In general, the export price showed strong growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 33% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Seychelles.
From 2012 to 2022, the rate of growth in terms of prices for Seychelles amounted to +13.1% per year.
Curry Exports in Singapore
For the third year in a row, Singapore recorded decline in shipments abroad of curry, which decreased by -0.6% to 3.1 tons in 2022. Overall, exports saw a relatively flat trend pattern. The smallest decline of less than 0.1% was in 2020.
In value terms, curry exports expanded sharply to $27K in 2022. The total export value increased at an average annual rate of +8.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 8.2% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Curry in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Seychelles | 15.8 | 17.5 | 19.4 | 21.5 | 10.8% |
| Others | 5.9 | 5.9 | 5.9 | 5.9 | 0.0% |
| Total | 21.7 | 23.5 | 25.4 | 27.4 | 8.1% |
Top Export Markets for Curry from Singapore in 2022:
- Seychelles (3.1 tons)
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