Bovine Animals; Live Price in Singapore - 2021
Contents:
- Bovine Animals; Live Price in Singapore (CIF) - 2022
- Bovine Animals; Live Price in Singapore (FOB) - 2022
- Bovine Animals; Live Imports in Singapore
- Bovine Animals; Live Exports in Singapore
Bovine Animals; Live Price in Singapore (CIF) - 2022
In 2022, the average bovine animals; live import price amounted to $290 per unit, which is down by -47.9% against the previous year. Over the period under review, the import price saw a perceptible decline. The pace of growth appeared the most rapid in 2021 when the average import price increased by 89% against the previous year. Over the period under review, average import prices hit record highs at $815 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Tanzania ($1,100 per unit), while the price for Thailand ($1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+50.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Bovine Animals; Live Price in Singapore (FOB) - 2022
The average bovine animals; live export price stood at $994 per unit in 2022, dropping by -3.2% against the previous year. In general, the export price, however, enjoyed noticeable growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 333%. Over the period under review, the average export prices hit record highs at $1,766 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($1,031 per unit), while the average price for exports to Indonesia amounted to $31 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+4.9%).
Bovine Animals; Live Imports in Singapore
Bovine animals; live imports into Singapore soared to 20 units in 2022, rising by 43% on 2021 figures. Over the period under review, imports, however, recorded a deep reduction. Imports peaked at 35 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, bovine animals; live imports fell dramatically to $5.8K in 2022. In general, imports, however, showed a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 104%. Imports peaked at $17K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Bovine Animals; Live in Singapore (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 10,939 | 2,955 | 3,362 | 4,401 | -26.2% |
| United States | 735 | 175 | 2,631 | 659 | -3.6% |
| United Kingdom | 2,387 | 521 | 479 | 506 | -40.4% |
| South Korea | N/A | 44.0 | N/A | 100 | 50.8% |
| United Arab Emirates | 162 | 17.0 | 34.0 | 37.0 | -38.9% |
| Indonesia | 254 | 49.0 | 39.0 | 37.0 | -47.4% |
| India | 93.0 | 21.0 | 20.0 | 22.0 | -38.2% |
| Germany | 115 | 24.0 | 21.0 | 20.0 | -44.2% |
| Brazil | N/A | 7.0 | N/A | 11.0 | 25.4% |
| Sri Lanka | N/A | N/A | N/A | 1.0 | 0% |
| Thailand | 6.0 | 1.0 | 1.0 | 1.0 | -45.0% |
| Others | 2,447 | N/A | 1,193 | N/A | -30.2% |
| Total | 17,138 | 3,814 | 7,780 | 5,795 | -30.3% |
Top Suppliers of Bovine Animals; Live to Singapore in 2022:
- United Kingdom (6.0 units)
- Tanzania (4.0 units)
- Brazil (2.0 units)
- United States (1.0 units)
- United Arab Emirates (1.0 units)
- Indonesia (1.0 units)
- India (1.0 units)
- Germany (1.0 units)
- Sri Lanka (1.0 units)
- Thailand (1.0 units)
- South Korea (1.0 units)
Bovine Animals; Live Exports in Singapore
In 2022, approx. 27 units of bovine animals; lives were exported from Singapore; jumping by 29% against 2021 figures. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +19.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 69% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, bovine animals; live exports soared to $27K in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +7.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -16.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 50%. As a result, the exports reached the peak of $32K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Bovine Animals; Live in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 20.4 | 32.0 | 21.5 | 26.8 | 9.5% |
| Indonesia | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Others | 0.9 | N/A | N/A | N/A | 0% |
| Total | 21.3 | 32.1 | 21.6 | 26.8 | 8.0% |
Top Export Markets for Bovine Animals; Live from Singapore in 2022:
- Malaysia (26.0 units)
- Indonesia (1.0 units)
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