Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Singapore - 2022

Contents:

  1. Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Singapore (CIF) - 2022
  2. Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Singapore

Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Singapore (CIF) - 2022

The average import price for bovine animals; live, other than pure-bred breeding animalses stood at $2.9 per unit in 2022, surging by 30% against the previous year. In general, the import price, however, recorded a deep setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 45%. As a result, import price attained the peak level of $6.7 per unit. From 2017 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($26 per unit), while the price for Thailand ($1.7 per unit) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+2,053.3%), while the prices for the other major suppliers experienced a decline.

Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Singapore

In 2022, imports of bovine animals; live, other than pure-bred breeding animalses into Singapore declined remarkably to 22 units, with a decrease of -61.4% against the previous year's figure. Overall, imports showed a significant contraction. Imports peaked at 57 units in 2021, and then declined dramatically in the following year.

In value terms, imports of bovine animals; live, other than pure-bred breeding animalses declined significantly to $63 in 2022. Over the period under review, imports showed a dramatic decline. Imports peaked at $126 in 2021, and then dropped sharply in the following year.

Import of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Singapore (USD)
COUNTRY20212022CAGR,
2021-2022
Thailand11434.0-70.2%
United StatesN/A26.00%
India9.03.0-66.7%
Others3.0N/A0%
Total12663.0-50.0%

Top Suppliers of Bovine Animals; Live, Other than Pure-Bred Breeding Animals to Singapore in 2022:

  1. Thailand (20.0 units)
  2. United States (1.0 units)
  3. India (1.0 units)

Source: IndexBox Market Intelligence Platform

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