Commodities: Singapore

October 2023

The commodities country overview provides comprehensive data on production, consumption and price trends in key commodities markets. The commodities overview in Singapore covers production and consumption trends in agricultural commodities, energy products, electricity, metal products as well as an overview of key economic and business environment trends.

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Overview:

The Country Briefings series examine market potential, economic and consumer trends impacting each country and how they are set to change.

Each Country Briefing covers one of these topics:

Economy, Finance and Trade: Understanding the structure, health and potential risks of an economy are important for decision-making within an existing operating environment as well as for expansion strategies. Real GDP growth, inflation and exchange rate fluctuations will directly impact consumer market potential. Import and export trade profiles help gauge how open an economy is to trade and investment, while analysis of government finances can be used to explore macroeconomic stability and susceptibility to economic shocks.

Income and Expenditure: Insights into income, wealth and expenditure of consumers are vital in helping businesses make strategic decisions with regards to which country (or even which region within a country) to enter, which consumer segment to target, which products or services to market, and at which price point. Other factors such as the size and expansion of the middle class and income inequality are also important in helping companies gauge the potential of a country market.

Households: Global shifts in gender, ageing, migration and housing are transforming the size, location,  general make-up as well as income and expenditure of households around the globe, with diverse implications for governments and companies. Households insights can help identify the decision-making processes and consumption tastes of different household groups and types within a country, and assess household appliance and digital readiness that is key for formulating market technology and internet strategies.

Business Dynamics: A stable and competitive business environment is vital to operate efficiently and attract inward investment. Businesses can assess these factors alongside challenges such as corruption, political instability and terrorism, also gain insight into business operating environment and make strategic investment decisions. Transport infrastructure, ICT readiness and labour force dynamics will also identify potential issues with a supply chain and the level of workforce skills.

Commodities: Insights on key sectors directly related to the environmental commodities of a country such as energy, water, pollution, environmental resilience, forest and biodiversity and food and agriculture help businesses to make strategic decisions in relation to environmental and commodities trends, improve brand reputation and ensure long-term operations while ultimately growing the bottom line.

The briefings cover 103 countries and identify topics of crucial interest to planners, marketers and researchers.

Commodities: Singapore

HEADLINES

PRODUCTION OF AGRICULTURAL MATERIALS

Production and Prices of Agricultural Commodities
Chart 1 Production Indices of Agricultural Commodities in Singapore 2017-2022
Chart 2 Total Area Harvested in Singapore 2017-2022
Chart 3 Area Harvested by Commodity in Singapore, Hectares, 2022
Chart 4 Price Indices of Agricultural Commodities 2017-2024
Meat and Poultry
Chart 5 Production of Meat and Poultry in Singapore and Global Prices 2017-2024
Chart 6 Production of Poultry in Singapore and Global Prices 2017-2024
Chart 7 Production of Pig Meat in Singapore and Global Prices 2017-2024
Milk
Chart 8 Production of Milk in Singapore and Global Prices 2017-2024
Chart 9 Production of Milk in Singapore and Global Prices 2017-2024
Wood
Chart 10 Production of Wood Products in Singapore and Global Prices 2017-2024
Chart 11 Production of Roundwood in Singapore and Global Prices 2017-2024
Chart 12 Production of Sawnwood and Sleepers in Singapore and Global Prices 2017-2024
Paper
Chart 13 Production of Paper Products in Singapore 2017-2022
Chart 14 Production of Paper and Paperboard in Singapore 2017-2022
Consumption
Chart 15 Demand Drivers for Agricultural Products
Chart 16 Consumption of Agricultural Products in Singapore 2017-2022
Summary 1 Overview of Key Buyers of Agricultural Products in Singapore 2017-2027
Prices of Fossil Fuels
Chart 17 Energy Price Index 2017-2024
Chart 18 Global Crude Oil and Coal Prices 2017-2024
Chart 19 Global Natural Gas Prices 2017-2024
Chart 20 Industrial Energy Prices in Singapore 2017-2023
Consumption of Fossil Fuels
Chart 21 Demand Drivers for Crude Oil and Natural Gas
Summary 2 Overview of Key Buyers of Crude Oil and Natural Gas in Singapore 2017-2027
Production and Consumption of Electricity
Chart 22 Electricity Production by Source in Singapore 2017-2022
Chart 23 Production of Electricity in Singapore 2017-2022
Chart 24 Final Consumption of Electricity in Singapore 2017-2022
Chart 25 Demand Drivers for Electricity
Summary 3 Overview of Key Buyers of Electricity in Singapore 2017-2027
Steel
Chart 26 Production of Steel in Singapore and Global Prices 2017-2024
Chart 27 Production of Crude Steel in Singapore and Global Prices 2017-2024
Consumption
Chart 28 Demand Drivers for Metals
Chart 29 Consumption of Metals in Singapore 2017-2022
Summary 4 Overview of Key Buyers of Metals in Singapore 2017-2027
Summary 5 Economic and Business Environment 2020-2025
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