What is the price of coffee extracts per kilogram/pound in Singapore today?
The retail price range for Singapore coffee extracts is between US$ 4.90 and US$ 19.62 per kilogram or between US$ 2.22 and US$ 8.90 per pound(lb). Click here to see today's exact prices of coffee extracts in Singapore
The retail price range in Singapore Dollar for coffee extracts is between SGD 6.59 and SGD 26.39 per kilogram or between SGD 2.99 and SGD 11.97 per pound(lb) in Singapore and Bishan.
Wholesale prices
In 2024, the approximate wholesale price range for Singapore coffee extracts is between US$ 3.43 and US$ 13.74 per kilogram or between US$ 1.56 and US$ 6.23 per pound(lb).
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Singapore Coffee Extracts Export Prices - Historical, Trends and Prediction
The export price per kilogram of Coffee Extracts from Singapore over the last five years has been steadily increasing. In 2017, the price was 5.86 US $ per kg, and in 2021 it was 8.63 US $ per kg. This represents an increase of 47.3% over the five year period. The highest price was in 2018, when it reached 9.31 US $ per kg. The price then decreased slightly in 2019 and 2020, to 8.79 US $ and 8.82 US $ per kg respectively. Predicted prices for 2023 and 2024 are 9.17 US $ per kg and 9.53 US $ per kg respectively.The Singapore coffee extracts exports are classified as:
- Extracts, essences and concentrates, of coffee (HS code 210111)
- Preparations with a basis of extracts, essences or concentrates of coffee or with a basis of coffee (HS code 210112)
Singapore Coffee Extracts Import Prices - Historical, Trends and Prediction
The import price per kilogram of Coffee Extracts into Singapore has seen a steady increase over the last five years. In 2016, the price was 5.14 US dollars per kg, and in 2021, it was 8.63 US dollars per kg. This represents an increase of 67.3% over the five-year period. The highest price was recorded in 2018, when it was 9.31 US dollars per kg. This was followed by a slight decrease in 2019 and 2020, when the price was 8.79 and 8.82 US dollars per kg respectively. However, the price has since recovered and is currently at 8.63 US dollars per kg. Based on this trend, it is likely that the price of Coffee Extracts will continue to increase in the coming years. We can predict that the price in 2023 will be around 9.20 US dollars per kg, and in 2024, it will be around 9.77 US dollars per kg.Export values for Singapore coffee extracts
The total values in export for coffee extracts in Singapore were US$ 52,899, US$ 72,607, US$ 53,817 and US$ 49,458 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 coffee extracts in other countries across Asia: Kazakhstan coffee extracts, Kyrgyzstan coffee extracts, Tajikistan coffee extracts, Turkmenistan coffee extracts, Uzbekistan coffee extracts, China coffee extracts, Hong Kong coffee extracts, Macao coffee extracts, North Korea coffee extracts & Mongolia coffee extracts.
Singapore coffee extracts - Production, Exports, Imports, Seasons and HS Codes
The amount of coffee extracts sold by Singapore in 2020 was 4,823 metric tons. In 2019 Singapore shipped 5,661 tonnes of coffee extracts. In 2019 alone, the demand for Singapore coffee extracts (processed category) has reduced, recording a change of -2.042 pc compared to the year 2018. Between 2017 and 2019, coffee extracts' exports decreased by -54.3 pc bringing the exporter US$49.46m for the year 2019. Singapore's coffee extracts exports are classified as:
- Preparations with a basis of extracts, essences or concentrates of coffee or with a basis of coffee (HS code 210112)
- Extracts, essences and concentrates, of coffee (HS code 210111)
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Singapore coffee extracts export values
In 2019, Singapore shipped coffee extracts valued at 49.46m USD, a decrease of -8.10% from 2018's total coffee extracts export of 53.817m USD. The annual reduction in value of Singapore coffee extracts between 2017 to 2018 was -25.879 pc.
The per year change in the amount of Singapore's coffee extracts exports between 2017 and 2019 was -54.3 percent compared to a variation of -2.042% in the period between 2018 and 2019.
Singapore's portion of the world's total coffee extracts' exports in 2019 was less than 1%. Singapore holds position 64 in world exports of coffee extracts.
Export markets for Singapore coffee extracts ( in '000$ )
Singapore's top destinations for coffee extracts are Cambodia, Lebanon, Saudi Arabia, Jordan and Liberia.
Import/Export Trends
Singapore is a net importer of coffee extracts. The annual growth of Singapore coffee extracts in value between 2015 to 2019 was -3%, per year, while annual growth in quantity was -3%, per annum.
Singapore brought in 13,504 tonnes of coffee extracts in 2019.