What is the price of maize per kilogram/pound in Singapore today?
The retail price range for Singapore maize is between US$ 2.07 and US$ 7.00 per kilogram or between US$ 0.94 and US$ 3.18 per pound(lb). Click here to see today's exact prices of maize in Singapore
The retail price range in Singapore Dollar for maize is between SGD 2.78 and SGD 9.42 per kilogram or between SGD 1.26 and SGD 4.27 per pound(lb) in Singapore and Bishan.
Wholesale prices
In 2024, the approximate wholesale price range for Singapore maize is between US$ 1.45 and US$ 4.90 per kilogram or between US$ 0.66 and US$ 2.22 per pound(lb).
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Singapore Maize Export Prices - Historical, Trends and Prediction
The export price per kilogram of Maize from Singapore over the last five years has seen a significant fluctuation. In 2017, the price was at its highest at US$1.96, followed by US$1.5 in 2015. In 2018, the price dropped to US$1.37 and then to US$0.35 in 2019. The lowest price was recorded in 2020 at US$0.53. The price has since increased to US$2.57 in 2021. Based on the current trend, it is predicted that the export price per kilogram of Maize from Singapore in 2023 will be around US$2.00 and US$2.50 in 2024.The maize exports from Singapore are classified as:
- Maize (excluding seed for sowing) (HS code 100590)
- Hulled, pearled, sliced, kibbled or otherwise worked maize grains (excluding rolled, flaked, pellets and flour) (HS code 110423)
- Maize seed for sowing (HS code 100510)
Singapore Maize Import Prices - Historical, Trends and Prediction
The import price per kilogram of Maize into Singapore over the last five years has been quite volatile. In 2017, the price was at its highest at $1.96, before dropping to its lowest in 2016 at $0.17. In 2018, the price rose to $1.37, before dropping again to $0.35 in 2019. In 2020, the price rose to $0.53, before reaching its highest point in 2021 at $2.57. Based on this data, it is likely that the import price per kilogram of Maize into Singapore will remain relatively high in the next two years, with an estimated price of $2.50 in 2023 and $2.60 in 2024.Export values for Singapore maize
The total values in export for maize in Singapore were US$ 11,841, US$ 92, US$ 141 and US$ 420 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in Singapore: Wheat, Rye, Barley, Oats, Rice, Sorghum, Buckwheet, Millet, Canary seed & Fonio.
See prices of maize in other countries across Asia: Kazakhstan maize, Kyrgyzstan maize, Tajikistan maize, Turkmenistan maize, Uzbekistan maize, China maize, Hong Kong maize, Macao maize, North Korea maize & Mongolia maize.
Singapore maize - Production, Exports, Imports, Seasons and HS Codes
The amount of maize exported by Singapore in 2020 was 743 tonnes. In 2019 Singapore sold 1,194 tonnes of maize. Through 2019 alone, the demand for Singapore maize (cereals/grains category) has improved, recording a change of 1059.223 % compared to the year 2018. Between 2017 and 2019, maize's exports went up by 2440.43% earning Singapore US$0.42m for the year 2019. Singapore's maize exports are classified as:
- Maize (excluding seed for sowing) (HS code 100590)
- Maize seed for sowing (HS code 100510)
- Hulled, pearled, sliced, kibbled or otherwise worked maize grains (excluding rolled, flaked, pellets and flour) (HS code 110423)
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Singapore maize export values
In 2019, Singapore sold maize costing 0.42m USD, an increment of 197.87% from 2018's total maize export of 0.141m USD. The annual increase in value of Singapore maize between 2017 to 2018 was 53.261 percent.
The annual change in the quantity of Singapore's maize exports between 2017 and 2019 was 2440.43 pc compared to a variation of 1059.223% in the period between 2018 and 2019.
Singapore's portion of the world's total maize's exports in 2019 was less than 1%. The country holds position 43 in world exports of maize.
Export markets for Singapore maize ( in '000$ )
Singapore's best performing destinations for maize are India, Brunei Darussalam, New Zealand, Cambodia and Bangladesh.
Import/Export Trends
Singapore is a net importer of maize. The annual growth of Singapore maize in value between 2015 to 2019 was -34%, per year, while annual growth in quantity through the same period was %, per annum.
Singapore procured 41,353 tonnes of maize in 2019.