What is the price of natural gum arabic per kilogram/pound in Singapore today?
The retail price range for Singapore natural gum arabic is between US$ 5.14 and US$ 7.76 per kilogram or between US$ 2.33 and US$ 3.52 per pound(lb). Click here to see today's exact prices of natural gum arabic in Singapore
The retail price range in Singapore Dollar for natural gum arabic is between SGD 6.91 and SGD 10.43 per kilogram or between SGD 3.13 and SGD 4.73 per pound(lb) in Singapore and Bishan.
Wholesale prices
In 2024, the approximate wholesale price range for Singapore natural gum arabic is between US$ 3.60 and US$ 5.43 per kilogram or between US$ 1.63 and US$ 2.46 per pound(lb).
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Singapore Natural Gum Arabic Export Prices - Historical, Trends and Prediction
The export price per kilogram of Natural Gum Arabic from Singapore has seen a steady increase over the last five years. In 2017, the price was 5.00 US$ per kg, and in 2021 it was 6.60 US$ per kg. This represents an increase of 32% over the five year period. In 2020, the price peaked at 6.44 US$ per kg, before dropping slightly to 5.58 US$ per kg in 2019. Looking ahead, we can predict that the export price of Natural Gum Arabic from Singapore will remain around the 6.60 US$ per kg mark in 2023 and 2024.Singapore Natural Gum Arabic Import Prices - Historical, Trends and Prediction
The import price of Natural Gum Arabic into Singapore has seen a steady increase over the past five years. In 2016, the price was 5.80 US dollars per kilogram, and in 2021, the price had risen to 6.60 US dollars per kilogram. This represents an increase of 13.8% over the five-year period. The highest price was recorded in 2020, when the price was 6.44 US dollars per kilogram. The lowest price was recorded in 2014, when the price was 2.35 US dollars per kilogram. Based on this data, it is likely that the price of Natural Gum Arabic into Singapore will continue to increase in the coming years. We can predict that the price in 2023 will be around 6.90 US dollars per kilogram, and in 2024, the price will be around 7.20 US dollars per kilogram.Export values for Singapore natural gum arabic
The total values in export for natural gum arabic in Singapore were US$ 29, US$ 15, US$ 111 and US$ 318 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Agro Commodities category in Singapore: Eggs, Wood Ear, Jelly Fungi Tremella, Coffee Husks & Skins, Coca leaf, Poppy Straw, Ephedra, Seaweed, Sugar Beet & Sugarcane.
See prices of natural gum arabic in other countries across Asia: Kazakhstan natural gum arabic, Kyrgyzstan natural gum arabic, Tajikistan natural gum arabic, Turkmenistan natural gum arabic, Uzbekistan natural gum arabic, China natural gum arabic, Hong Kong natural gum arabic, Macao natural gum arabic, North Korea natural gum arabic & Mongolia natural gum arabic.
Singapore natural gum arabic - Production, Exports, Imports, Seasons and HS Codes
The quantity of natural gum arabic sold by Singapore in 2020 was 9 tonnes. In 2019 Singapore sold 57 tonnes of natural gum arabic. For 2019 alone, the market for Singapore natural gum arabic (agro commodities category) has increased, with a change of 147.826 per cent compared to the year 2018. Between 2017 and 2019, natural gum arabic's exports went up by 1800% netting the exporter US$0.32m for the year 2019. Singapore's natural gum arabic exports are categorised as:
- Natural gum Arabic (HS code 130120)
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Singapore natural gum arabic export values
In 2019, Singapore supplied natural gum arabic costing 0.32m USD, a growth of 188.29% from 2018's total natural gum arabic export of 0.111m USD. The yearly growth in value of Singapore natural gum arabic between 2017 to 2018 was 640%.
The yearly change in the volume of Singapore's natural gum arabic exports between 2017 and 2019 was 1800 percent in comparison to a variation of 147.826% in the period between 2018 and 2019.
Export markets for Singapore natural gum arabic ( in '000$ )
Singapore brought in 787 tonnes of natural gum arabic in 2019.