What is the price of beans per kilogram/pound in Singapore today?
The retail price range for Singapore beans is between US$ 4.79 and US$ 12.21 per kilogram or between US$ 2.17 and US$ 5.54 per pound(lb). Click here to see today's exact prices of beans in Singapore
The retail price range in Singapore Dollar for beans is between SGD 6.44 and SGD 16.42 per kilogram or between SGD 2.92 and SGD 7.45 per pound(lb) in Singapore and Bishan.
Wholesale prices
In 2024, the approximate wholesale price range for Singapore beans is between US$ 3.35 and US$ 8.55 per kilogram or between US$ 1.52 and US$ 3.88 per pound(lb).
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Singapore Beans Export Prices - Historical, Trends and Prediction
The export price per kilogram of Beans from Singapore has seen a steady decline over the last five years. In 2016, the price was 1.53 US$ per kg, and in 2021 it was 1.83 US$ per kg. This represents a decrease of 0.7 US$ per kg. The lowest price was recorded in 2017, when the export price was 1.3 US$ per kg. The highest price was recorded in 2018, when the export price was 3.96 US$ per kg. Based on this data, it is predicted that the export price of Beans from Singapore in 2023 will be 1.63 US$ per kg, and in 2024 it will be 1.43 US$ per kg.The beans exports from Singapore are classified as:
- Dried, shelled broad beans "Vicia faba var. major" and horse beans "Vicia faba var. equina and Vicia faba var. minor", whether or not skinned or split (HS code 071350)
- Fresh or chilled beans "Vigna spp., Phaseolus spp.", shelled or unshelled (HS code 070820)
- Shelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200551)
- Dried, shelled beans "Vigna and Phaseolus", whether or not skinned or split (excluding beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", small red "Adzuki" beans, kidney beans, Bambara beans and cow peas) (HS code 071339)
- Dried, shelled beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", whether or not skinned or split (HS code 071331)
- Shelled or unshelled beans "Vigna spp., Phaseolus spp.", uncooked or cooked by steaming or by boiling in water, frozen (HS code 071022)
- Unshelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200559)
Singapore Beans Import Prices - Historical, Trends and Prediction
The import price per kilogram of Beans into Singapore over the last five years has been relatively stable. In 2017, the price was $1.30, followed by a significant increase to $3.96 in 2018. The price then decreased to $3.51 in 2019 and further decreased to $2.37 in 2020. The price then decreased again to $1.83 in 2021. Based on this trend, it is likely that the import price per kilogram of Beans into Singapore will remain relatively stable in the next two years, with a predicted price of $1.83 in 2023 and $1.84 in 2024.Export values for Singapore beans
The total values in export for beans in Singapore were US$ 2,918, US$ 2,172, US$ 1,513 and US$ 1,547 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Pulses/Legumes category in Singapore: Peas, Chickpeas, Red (Adzuki) Beans, Kidney Beans, Bambara beans, Cow Peas (Black Eyed Peas), Lentils, Pigeon Peas, Locust Beans & Black beans.
See prices of beans in other countries across Asia: Kazakhstan beans, Kyrgyzstan beans, Tajikistan beans, Turkmenistan beans, Uzbekistan beans, China beans, Hong Kong beans, Macao beans, North Korea beans & Mongolia beans.
Singapore beans - Production, Exports, Imports, Seasons and HS Codes
The amount of beans shipped by Singapore in 2020 was 927 tons. In 2019 Singapore shipped 441 tonnes of beans. For 2019 alone, the interest in Singapore beans (pulses/legumes category) has climbed, changing by 15.445 pc compared to the year 2018. Between 2017 and 2019, beans' exports went down by -73.62% earning Singapore US$1.55m for the year 2019. Singapore's beans exports are classified as:
- Dried, shelled beans "Vigna and Phaseolus", whether or not skinned or split (excluding beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", small red "Adzuki" beans, kidney beans, Bambara beans and cow peas) (HS code 071339)
- Unshelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200559)
- Dried, shelled broad beans "Vicia faba var. major" and horse beans "Vicia faba var. equina and Vicia faba var. minor", whether or not skinned or split (HS code 071350)
- Shelled or unshelled beans "Vigna spp., Phaseolus spp.", uncooked or cooked by steaming or by boiling in water, frozen (HS code 071022)
- Dried, shelled beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", whether or not skinned or split (HS code 071331)
- Fresh or chilled beans "Vigna spp., Phaseolus spp.", shelled or unshelled (HS code 070820)
- Shelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200551)
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Singapore beans export values
In 2019, Singapore supplied beans with a value of 1.55m USD, an increment of 2.45% from 2018's total beans export of 1.513m USD. The annual change in value of Singapore beans between 2017 to 2018 was -30.341 percent.
The per year change in the volume of Singapore's beans exports between 2017 and 2019 was -73.62 per cent when compared to a variation of 15.445% in the growth rate between 2018 and 2019.
Export markets for Singapore beans ( in '000$ )
Singapore's best performing export markets for beans are Indonesia, the Philippines, Bangladesh, South Korea and Vietnam.
Singapore bought 18,476 tonnes of beans in 2019.