Singapore - Frozen Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Frozen Pig Meat Other than Cuts or Carcases in Singapore - 2022
Contents:
- Price for Frozen Pig Meat Other than Cuts or Carcases in Singapore (CIF) - 2022
- Price for Frozen Pig Meat Other than Cuts or Carcases in Singapore (FOB) - 2022
- Imports of Frozen Pig Meat Other than Cuts or Carcases in Singapore
- Exports of Frozen Pig Meat Other than Cuts or Carcases in Singapore
Price for Frozen Pig Meat Other than Cuts or Carcases in Singapore (CIF) - 2022
In September 2022, the average import price for frozen pig meat other than cuts or carcases amounted to $4,331 per ton, growing by 4.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.7%. The pace of growth appeared the most rapid in January 2022 when the average import price increased by 28% month-to-month. The import price peaked in September 2022.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Spain ($7,853 per ton), while the price for Canada ($2,297 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Brazil (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Pig Meat Other than Cuts or Carcases in Singapore (FOB) - 2022
The average export price for frozen pig meat other than cuts or carcases stood at $3,898 per ton in September 2022, picking up by 20% against the previous month. Over the period from September 2021 to September 2022, it increased at an average monthly rate of +2.4%. The most prominent rate of growth was recorded in January 2022 an increase of 30% m-o-m. The export price peaked in September 2022.
Prices varied noticeably by the country of destination: the country with the highest price was Brunei Darussalam ($5,657 per ton), while the average price for exports to Thailand ($2,471 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Pig Meat Other than Cuts or Carcases in Singapore
In 2022, approx. 78K tons of frozen pig meat other than cuts or carcases were imported into Singapore; growing by 2.7% compared with the previous year. The total import volume increased at an average annual rate of +7.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 19% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of frozen pig meat other than cuts or carcases dropped to $231M in 2022. The total import value increased at an average annual rate of +6.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 34% against the previous year. As a result, imports reached the peak of $257M. From 2021 to 2022, the growth of imports of failed to regain momentum.
Import of Frozen Pig Meat Other than Cuts or Carcases in Singapore (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 90.3 | 143 | 139 | 139 | 15.5% |
Germany | 11.1 | 16.7 | 32.6 | 36.6 | 48.8% |
Spain | 27.0 | 30.1 | 26.0 | 23.0 | -5.2% |
Netherlands | 35.9 | 34.1 | 17.6 | 10.9 | -32.8% |
United States | 12.3 | 7.9 | 7.7 | 6.2 | -20.4% |
Canada | 3.0 | 4.3 | 2.7 | 3.2 | 2.2% |
Others | 12.5 | 20.8 | 19.2 | 12.4 | -0.3% |
Total | 192 | 257 | 245 | 231 | 6.4% |
Top Suppliers of Frozen Pig Meat Other than Cuts or Carcases to Singapore in 2022:
- Brazil (53.5K tons)
- Germany (10.9K tons)
- Spain (4.4K tons)
- Netherlands (2.7K tons)
- Canada (1.7K tons)
- United States (1.1K tons)
Exports of Frozen Pig Meat Other than Cuts or Carcases in Singapore
In 2022, exports of frozen pig meat other than cuts or carcases from Singapore skyrocketed to 12K tons, growing by 24% against the year before. In general, exports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 123%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of frozen pig meat other than cuts or carcases amounted to $31M in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 105%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
Export of Frozen Pig Meat Other than Cuts or Carcases in Singapore (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | N/A | 5.9 | 18.8 | 17.4 | 71.7% |
Malaysia | 7.2 | 1.8 | 1.7 | 5.6 | -8.0% |
Indonesia | 0.7 | 0.5 | 1.5 | 2.6 | 54.9% |
Brunei Darussalam | 1.7 | 1.6 | 2.4 | 2.2 | 9.0% |
Thailand | N/A | 0.1 | 1.0 | 1.9 | 335.9% |
Spain | N/A | 1.0 | 1.8 | 0.5 | -29.3% |
Ireland | N/A | 0.7 | 0.6 | 0.2 | -46.5% |
Belgium | N/A | 0.8 | 0.9 | 0.2 | -50.0% |
Others | 0.5 | 2.0 | 1.2 | 0.6 | 6.3% |
Total | 10.1 | 14.5 | 29.8 | 31.2 | 45.6% |
Top Export Markets for Frozen Pig Meat Other than Cuts or Carcases from Singapore in 2022:
- Brazil (6.6K tons)
- Malaysia (2.3K tons)
- Thailand (1.3K tons)
- Indonesia (0.8K tons)
- Brunei Darussalam (0.6K tons)
- Spain (0.2K tons)
- Ireland (0.1K tons)
This report provides an in-depth analysis of the market for frozen pig meat other than cuts or carcases in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10113290 - Frozen pig meat (excluding carcases and half-carcases, h ams, shoulders and cuts thereof with bone in)
Country coverage:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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