What is the price of agar per kilogram/pound in Singapore today?
The retail price range for Singapore agar is between US$ 9.17 and US$ 12.66 per kilogram or between US$ 4.16 and US$ 5.74 per pound(lb). Click here to see today's exact prices of agar in Singapore
The retail price range in Singapore Dollar for agar is between SGD 12.34 and SGD 17.03 per kilogram or between SGD 5.60 and SGD 7.72 per pound(lb) in Singapore and Bishan.
Wholesale prices
In 2024, the approximate wholesale price range for Singapore agar is between US$ 6.42 and US$ 8.87 per kilogram or between US$ 2.91 and US$ 4.02 per pound(lb).
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Singapore Agar Export Prices - Historical, Trends and Prediction
The export price per kilogram of Agar from Singapore has seen a steady increase over the last five years. In 2016, the price was 16.96 US dollars per kilogram, and by 2021, it had risen to 25.78 US dollars per kilogram. This represents an increase of 8.82 US dollars per kilogram. The highest price was seen in 2020, when it was 24.46 US dollars per kilogram. It is likely that the price of Agar will continue to increase in the coming years, with a predicted price of 26.60 US dollars per kilogram in 2023 and 27.42 US dollars per kilogram in 2024.Singapore Agar Import Prices - Historical, Trends and Prediction
The import price per kilogram of Agar into Singapore has seen a steady increase over the last five years. In 2016, the price was 16.96 US dollars per kg, and this increased to 19.83 US dollars per kg in 2019. The highest price was recorded in 2021, when the import price was 25.78 US dollars per kg. This is a significant increase of 8.82 US dollars per kg from the 2016 price. Looking ahead, it is likely that the import price of Agar into Singapore will continue to increase, with an estimated price of 26.78 US dollars per kg in 2023 and 27.78 US dollars per kg in 2024.Export values for Singapore agar
The total values in export for agar in Singapore were US$ 1,289, US$ 941, US$ 1,079 and US$ 1,507 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 agar in other countries across Asia: Kazakhstan agar, Kyrgyzstan agar, Tajikistan agar, Turkmenistan agar, Uzbekistan agar, China agar, Hong Kong agar, Macao agar, North Korea agar & Mongolia agar.
Singapore agar - Production, Exports, Imports, Seasons and HS Codes
The volume of agar sold by Singapore in 2020 was 85 tonnes. In 2019 Singapore exported 76 tonnes of agar. For 2019 alone, the demand for Singapore agar (processed category) has increased, changing by 61.702 % compared to the year 2018. Between 2017 and 2019, agar's exports grew by 35.71% earning the exporter US$1.51m for the year 2019. Singapore's agar exports are classified as:
- Agar-agar, whether or not modified (HS code 130231)
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Singapore agar export values
In 2019, Singapore sold agar costing 1.51m USD, a surge of 39.94% from 2018's total agar export of 1.079m USD. The annual growth in value of Singapore agar between 2017 to 2018 was 14.665%.
The annual/yearly variation in the volume of Singapore's agar exports between 2017 and 2019 was 35.71 pc in comparison to a variation of 61.702% in the period between 2018 and 2019.
Singapore's portion of the world's total agar's exports in 2019 was less than 1%. The country holds number 39 in world exports of agar.
Export markets for Singapore agar ( in '000$ )
Import/Export Trends
Singapore is a net importer of agar. The annual growth of Singapore agar in value between 2015 to 2019 was -33%, per year, while annual growth in quantity was -42%, per annum.
Singapore ordered 110 tonnes of agar in 2019.