What is the price of whey per kilogram/pound in Singapore today?
The retail price range for Singapore whey is between US$ 17.38 and US$ 36.70 per kilogram or between US$ 7.88 and US$ 16.64 per pound(lb). Click here to see today's exact prices of whey in Singapore
The retail price range in Singapore Dollar for whey is between SGD 23.37 and SGD 49.35 per kilogram or between SGD 10.60 and SGD 22.38 per pound(lb) in Singapore and Bishan.
Wholesale prices
In 2024, the approximate wholesale price range for Singapore whey is between US$ 12.17 and US$ 25.69 per kilogram or between US$ 5.52 and US$ 11.65 per pound(lb).
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Singapore Whey Export Prices - Historical, Trends and Prediction
The export price per kilogram of Whey from Singapore has seen a steady increase over the last five years. In 2016, the price was $1.22, and in 2021, it was $4.78. The highest price was in 2019, when it reached $5.05. The price then dropped slightly to $4.87 in 2020, before increasing again to $4.78 in 2021. Based on this trend, it is likely that the export price per kilogram of Whey from Singapore will continue to increase in the next two years, reaching approximately $5.20 in 2023 and $5.35 in 2024.The exports of whey from Singapore are categorised as:
- Whey and modified whey, whether or not concentrated or containing added sugar or other sweetening matter (HS code 040410)
Singapore Whey Import Prices - Historical, Trends and Prediction
The import price per kilogram of Whey into Singapore has seen a steady increase over the past five years. In 2016, the price was $1.22, and it has since risen to $4.78 in 2021. This represents an increase of 291.15%. The highest price was recorded in 2019, when the price was $5.05. The lowest price was recorded in 2016, when the price was $1.22. Looking ahead, we can expect the price of Whey to continue to rise in the coming years. We predict that the price of Whey will be $5.20 in 2023 and $5.45 in 2024.Export values for Singapore whey
The total values in export for whey in Singapore were US$ 11,586, US$ 2,186, US$ 2,083 and US$ 15,410 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, Butter, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of whey in other countries across Asia: Kazakhstan whey, Kyrgyzstan whey, Tajikistan whey, Turkmenistan whey, Uzbekistan whey, China whey, Hong Kong whey, Macao whey, North Korea whey & Mongolia whey.
Singapore whey - Production, Exports, Imports, Seasons and HS Codes
The amount of whey exported by Singapore in 2020 was 3,144 metric tonnes. In 2019 Singapore exported 3,052 tonnes of whey. Across 2019 alone, the interest in Singapore whey (processed category) has climbed, changing by 248.402 per cent compared to the year 2018. Between 2017 and 2019, whey's exports grew by 209.53 percent earning the nation US$15.41m for the year 2019. Singapore's whey exports are classified as:
- Whey and modified whey, whether or not concentrated or containing added sugar or other sweetening matter (HS code 040410)
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Singapore whey export values
In 2019, Singapore sold whey valued at 15.41m USD, an increase of 639.80% from 2018's total whey export of 2.083m USD. The annual growth in value of Singapore whey between 2017 to 2018 was -4.712 percent.
The yearly variation in the volume of Singapore's whey exports between 2017 and 2019 was 209.53% compared to a variation of 248.402% in the period between 2018 and 2019.
Singapore's share of the world's total whey's exports in 2019 was less than 1%. Singapore is ranked number 65 in world exports of whey.
Export markets for Singapore whey ( in '000$ )
Singapore's leading destinations for whey are China, Japan, Myanmar, Malaysia and India.
Import/Export Trends
Singapore is a net importer of whey. The annual growth of Singapore whey in value between 2015 to 2019 was -36%, per year, while annual growth in quantity for the same period was %, per annum.
Singapore brought in 28,094 tonnes of whey in 2019.