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Singapore Non-edible Fats and Oils Export value
What is Singapore's non-edible fats and oils export value (1000 usd)? As of 2023, it's 38.3K 1000 USD, up from 29.6K 1000 USD in 2014.
Author: Wantstats Research TeamSource: Food and Agriculture Organization (FAO) and Wantstats Repository
| Label | Non-edible Fats and Oils Export value (1000 USD) |
|---|---|
| 2014 | 29590.33 1000 USD |
| 2015 | 23821.2 1000 USD |
| 2016 | 22771.61 1000 USD |
| 2017 | 18572.11 1000 USD |
| 2018 | 21801.18 1000 USD |
| 2019 | 22490.17 1000 USD |
| 2020 | 24801.23 1000 USD |
| 2021 | 27562.06 1000 USD |
| 2022 | 34928.62 1000 USD |
| 2023 | 38323.63 1000 USD |
Data Source: Food and Agriculture Organization (FAO) and Wantstats Repository
Singapore Non-edible Fats and Oils Export value: Key Points
- Singapore's non-edible Fats and Oils Export value didn't stay still: 29.59K USD in 2014 became 38.32K USD by 2023, up for a 30% rise overall.
- 2015-2017: collapses to 18.57K USD (-37%).
- 2018-2023: surges to 38.32K USD (+106%).
- 2021: 24.80K to 27.56K USD (~11%) — global trade volumes recovered sharply in 2021 as reopening and stimulus drove demand back up.
- 2022: Breaks from the rest of the series with a jump from 27.56K to 34.93K USD (~27%).
- By 2023, the series lands at 38.32K USD — 29.5% higher than its 2014 starting point.
The Trade Recovery, Explained
This is a series to read year by year, not to summarize with a single trend line. Doing the latter would flatten out real, meaningful movement.
Read this bounce as part of the worldwide trade recovery — most economies saw trade flows pick back up as reopening and stimulus drove demand higher in the same period.
Don't skip past the 2022 outlier. A jump or drop of 27% in a single year is either a real, notable event or a break in how the underlying data was collected — both are worth knowing before you use this number.
Worth pairing this with the same indicator for a handful of comparable economies before concluding anything about Singapore specifically — a move that looks large here can be the regional norm, or genuinely unusual, and this chart alone can't say which.
This data comes from Singapore's statistical reporting, sourced from the link below. As with most cross-country indicator datasets, expect the underlying survey to run less often than annually, with gaps modeled in between.
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Noah Malgeri
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.