What is the price of soya sauce per kilogram/pound in Singapore today?
The retail price range for Singapore soya sauce is between US$ 2.14 and US$ 5.30 per kilogram or between US$ 0.97 and US$ 2.40 per pound(lb). Click here to see today's exact prices of soya sauce in Singapore
The retail price range in Singapore Dollar for soya sauce is between SGD 2.88 and SGD 7.13 per kilogram or between SGD 1.31 and SGD 3.23 per pound(lb) in Singapore and Bishan.
Wholesale prices
In 2024, the approximate wholesale price range for Singapore soya sauce is between US$ 1.50 and US$ 3.71 per kilogram or between US$ 0.68 and US$ 1.68 per pound(lb).
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Singapore Soya Sauce Export Prices - Historical, Trends and Prediction
The export price per kilogram of Soya Sauce from Singapore has seen a steady increase over the last five years. In 2017, the price was 1.85 US $ per kg, and in 2021 it had risen to 2.21 US $ per kg. This represents an increase of 19.5% over the five year period. The highest price was seen in 2020, when the export price was 2.05 US $ per kg. Looking ahead, we can predict that the export price of Soya Sauce from Singapore will continue to rise, reaching 2.37 US $ per kg in 2023 and 2.53 US $ per kg in 2024.The Singapore soya sauce exports are classified as:
- Soya sauce (HS code 210310)
Singapore Soya Sauce Import Prices - Historical, Trends and Prediction
The import price per kilogram of Soya Sauce into Singapore has been relatively stable over the past five years. In 2016, the price was recorded at $1.83, followed by $1.85 in 2017 and $1.91 in 2018. In 2019, the price dropped slightly to $1.88, before increasing to $2.05 in 2020. The most recent data shows that the import price per kilogram of Soya Sauce into Singapore was $2.21 in 2021. Looking ahead, it is likely that the import price per kilogram of Soya Sauce into Singapore will remain relatively stable in the next two years. We predict that the import price per kilogram of Soya Sauce into Singapore will be $2.25 in 2023 and $2.30 in 2024.Export values for Singapore soya sauce
The total values in export for soya sauce in Singapore were US$ 41,943, US$ 43,854, US$ 47,658 and US$ 50,846 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 soya sauce in other countries across Asia: Kazakhstan soya sauce, Kyrgyzstan soya sauce, Tajikistan soya sauce, Turkmenistan soya sauce, Uzbekistan soya sauce, China soya sauce, Hong Kong soya sauce, Macao soya sauce, North Korea soya sauce & Mongolia soya sauce.
Singapore soya sauce - Production, Exports, Imports, Seasons and HS Codes
The volume of soya sauce exported by Singapore in 2020 was 22,573 tons. In 2019 Singapore exported 27,056 tonnes of soya sauce. For 2019 alone, the demand for Singapore soya sauce (processed category) has gone up, flactuating by 8.571 pc compared to the year 2018. Between 2017 and 2019, soya sauce's exports went up by 14.34% netting the country US$50.85m for the year 2019. Singapore's soya sauce exports are categorised as:
- Soya sauce (HS code 210310)
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Singapore soya sauce export values
In 2019, Singapore exported soya sauce with a value of 50.85m USD, an increase of 6.70% from 2018's total soya sauce export of 47.658m USD. The annual growth in value of Singapore soya sauce between 2017 to 2018 was 8.674 percent.
The yearly variation in the amount of Singapore's soya sauce exports between 2017 and 2019 was 14.34 per cent compared to a variation of 8.571% in the period between 2018 and 2019.
Singapore's portion of the world's total soya sauce's exports in 2019 was less than 1%. The country is ranked number 61 in world exports of soya sauce.
Export markets for Singapore soya sauce ( in '000$ )
Singapore's leading destinations for soya sauce are Australia, China, Thailand, Indonesia and US.
Singapore bought 12,112 tonnes of soya sauce in 2019.