What is the price of cocoa butter per kilogram/pound in Singapore today?
The retail price range for Singapore cocoa butter is between US$ 16.65 and US$ 37.11 per kilogram or between US$ 7.55 and US$ 16.83 per pound(lb). Click here to see today's exact prices of cocoa butter in Singapore
The retail price range in Singapore Dollar for cocoa butter is between SGD 22.39 and SGD 49.91 per kilogram or between SGD 10.16 and SGD 22.63 per pound(lb) in Singapore and Bishan.
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In 2024, the approximate wholesale price range for Singapore cocoa butter is between US$ 11.66 and US$ 25.98 per kilogram or between US$ 5.29 and US$ 11.78 per pound(lb).
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Singapore Cocoa Butter Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cocoa Butter from Singapore has seen a steady decline over the past five years. In 2016, the price was 6.23 US dollars per kg, and by 2021, it had dropped to 5.03 US dollars per kg. This represents a decrease of 19.2%. The lowest price was recorded in 2012, when the price was 3.19 US dollars per kg. The highest price was recorded in 2014, when the price was 6.43 US dollars per kg. Based on this trend, it is predicted that the export price per kilogram of Cocoa Butter from Singapore will be 4.90 US dollars per kg in 2023 and 4.77 US dollars per kg in 2024.The cocoa butter exports from Singapore are classified as:
- Cocoa butter, fat and oil (HS code 180400)
Singapore Cocoa Butter Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cocoa Butter into Singapore has been relatively stable over the past five years. In 2016, the price was 6.23 US dollars per kg, followed by 5.65 US dollars per kg in 2017. In 2018, the price dropped to 5.52 US dollars per kg and then increased slightly to 5.63 US dollars per kg in 2019. The price then decreased to 5.56 US dollars per kg in 2020 and further decreased to 5.03 US dollars per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of Cocoa Butter into Singapore will be 4.95 US dollars per kg in 2023 and 4.87 US dollars per kg in 2024.Export values for Singapore cocoa butter
The total values in export for cocoa butter in Singapore were US$ 167,678, US$ 151,647, US$ 144,861 and US$ 149,912 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Singapore: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cocoa butter in other countries across Asia: Kazakhstan cocoa butter, Kyrgyzstan cocoa butter, Tajikistan cocoa butter, Turkmenistan cocoa butter, Uzbekistan cocoa butter, China cocoa butter, Hong Kong cocoa butter, Macao cocoa butter, North Korea cocoa butter & Mongolia cocoa butter.
Singapore cocoa butter - Production, Exports, Imports, Seasons and HS Codes
The quantity of cocoa butter exported by Singapore in 2020 was 31,051 metric tonnes. In 2019 Singapore exported 26,614 tonnes of cocoa butter. In 2019 alone, the interest in Singapore cocoa butter (processed category) has gone up, with a change of 1.472 pc compared to the year 2018. Between 2017 and 2019, cocoa butter's exports reduced by -0.82 percent netting the exporter US$149.91m for the year 2019. Singapore's cocoa butter exports are categorised as:
- Cocoa butter, fat and oil (HS code 180400)
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Singapore cocoa butter export values
In 2019, Singapore supplied cocoa butter costing 149.91m USD, an increase of 3.49% from 2018's total cocoa butter export of 144.861m USD. The yearly growth in value of Singapore cocoa butter between 2017 to 2018 was -4.475 per cent.
The annual variation in the quantity of Singapore's cocoa butter exports between 2017 and 2019 was -0.82% when compared to a variation of 1.472% in the growth rate between 2018 and 2019.
Export markets for Singapore cocoa butter ( in '000$ )
Singapore's leading destinations for cocoa butter are Australia, Russia, China, Israel and Japan.
Singapore brought in 5,576 tonnes of cocoa butter in 2019.