Peanut Butter Market Overview in Singapore
The value of the peanut butter market in Singapore reduced slightly to $ in 2019, which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 when the market value increased by % against the previous year. Over the period under review, the market attained the peak level at $ in 2018, and then reduced slightly in the following year.