What is the price of heart of palm per kilogram/pound in Singapore today?
The retail price range for Singapore heart of palm is between US$ 0.83 and US$ 2.39 per kilogram or between US$ 0.38 and US$ 1.08 per pound(lb). Click here to see today's exact prices of heart of palm in Singapore
The retail price range in Singapore Dollar for heart of palm is between SGD 1.12 and SGD 3.21 per kilogram or between SGD 0.51 and SGD 1.45 per pound(lb) in Singapore and Bishan.
Wholesale prices
In 2024, the approximate wholesale price range for Singapore heart of palm is between US$ 0.58 and US$ 1.67 per kilogram or between US$ 0.26 and US$ 0.76 per pound(lb).
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Singapore Heart Of Palm Export Prices - Historical, Trends and Prediction
The export price per kilogram of Heart of palm from Singapore has seen a fluctuating trend over the last five years. In 2017, the price was 2.41 US $ per kg, which increased to 2.74 US $ per kg in 2018. However, the price dropped to 2.22 US $ per kg in 2019 and then rose to 2.43 US $ per kg in 2020. The price then decreased to 2.33 US $ per kg in 2021. Overall, the export price of Heart of palm from Singapore has seen a slight decrease in the last five years. Based on this trend, it is predicted that the export price of Heart of palm from Singapore will be 2.27 US $ per kg in 2023 and 2.21 US $ per kg in 2024.Singapore Heart Of Palm Import Prices - Historical, Trends and Prediction
The import price per kilogram of Heart of Palm into Singapore over the last five years has been relatively stable. In 2017, the price was 2.41 US dollars per kilogram, followed by 2.74 US dollars per kilogram in 2018. In 2019, the price dropped to 2.22 US dollars per kilogram, before increasing to 2.43 US dollars per kilogram in 2020. The price then decreased slightly to 2.33 US dollars per kilogram in 2021. Based on this trend, it is likely that the import price per kilogram of Heart of Palm into Singapore will remain relatively stable in the next two years, with an estimated price of 2.33 US dollars per kilogram in 2023 and 2.34 US dollars per kilogram in 2024.Export values for Singapore heart of palm
The total values in export for heart of palm in Singapore were US$ 74, US$ 41, US$ 52 and US$ 51 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 heart of palm in other countries across Asia: Kazakhstan heart of palm, Kyrgyzstan heart of palm, Tajikistan heart of palm, Turkmenistan heart of palm, Uzbekistan heart of palm, China heart of palm, Hong Kong heart of palm, Macao heart of palm, North Korea heart of palm & Mongolia heart of palm.
Singapore heart of palm - Production, Exports, Imports, Seasons and HS Codes
The quantity of heart of palm sold by Singapore in 2020 was 7 metric tonnes. In 2019 Singapore sold 23 tonnes of heart of palm. Through 2019 alone, the demand for Singapore heart of palm (processed category) has surged, flactuating by 21.053 percent compared to the year 2018. Between 2017 and 2019, heart of palm's exports increased by 35.29 percent netting Singapore US$0.05m for the year 2019. Singapore's heart of palm exports are classified as:
- Palm hearts, prepared or preserved, whether or not containing added sugar or other sweetening matter or spirit (excluding prepared or preserved with vinegar) (HS code 200891)
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Singapore heart of palm export values
In 2019, Singapore sold heart of palm worth 0.05m USD, a drop of -3.85% from 2018's total heart of palm export of 0.052m USD. The yearly change in value of Singapore heart of palm between 2017 to 2018 was 26.829 percent.
The annual change in the amount of Singapore's heart of palm exports between 2017 and 2019 was 35.29 percent compared to a variation of 21.053% in the period between 2018 and 2019.
Singapore's stake of the world's total heart of palm's exports in 2019 was less than 1%. The country holds number 45 in world exports of heart of palm.
Export markets for Singapore heart of palm ( in '000$ )
Import/Export Trends
Singapore is a net importer of heart of palm. The annual growth of Singapore heart of palm in value between 2015 to 2019 was -14%, per year, while annual growth in quantity through the same period was %, per annum.
Singapore ordered 67 tonnes of heart of palm in 2019.