Report Update: May 1, 2024

Singapore - Machinery For Preparing Animal Feedstuffs - Market Analysis, Forecast, Size, Trends And Insights

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Feedstuff Preparing Machinery Price in Singapore - 2022

Feedstuff Preparing Machinery Price in Singapore (FOB) - 2022

In 2022, the average feedstuff preparing machinery export price amounted to $12,284 per unit, remaining constant against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 12% against the previous year. The export price peaked at $13,687 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to India ($12,448 per unit) and Indonesia ($12,448 per unit), while the average price for exports to Malaysia ($11,941 per unit) and the Philippines ($12,005 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.

Feedstuff Preparing Machinery Price in Singapore (CIF) - 2022

The average feedstuff preparing machinery import price stood at $12,984 per unit in 2022, rising by 3.1% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 15% against the previous year. As a result, import price reached the peak level of $14,332 per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($13,358 per unit) and Malaysia ($12,929 per unit), while the price for China ($12,876 per unit) and Israel ($12,895 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Feedstuff Preparing Machinery Exports in Singapore

In 2022, overseas shipments of machinery for preparing animal feedstuffs increased by 44% to 667 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a pronounced slump. Over the period under review, the exports hit record highs at 749 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, feedstuff preparing machinery exports skyrocketed to $8.2M in 2022. Over the period under review, exports, however, saw a noticeable slump. Over the period under review, the exports attained the peak figure at $8.7M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Feedstuff Preparing Machinery in Singapore (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Indonesia	1,809	747	1,843	2,313	8.5%
Vietnam	2,255	1,479	811	1,841	-6.5%
Japan	681	453	821	1,031	14.8%
India	254	1,274	810	1,017	58.8%
Thailand	1,712	369	251	944	-18.0%
Philippines	1,061	191	84.1	541	-20.1%
Malaysia	508	43.4	10.9	227	-23.5%
South Korea	N/A	408	590	N/A	44.6%
Taiwan (Chinese)	N/A	1,094	6.3	N/A	-99.4%
Others	464	166	446	281	-15.4%
Total	8,745	6,224	5,674	8,194	-2.1%

Top Export Markets for Feedstuff Preparing Machinery from Singapore in 2022:

Indonesia (186.0 units)
Vietnam (151.0 units)
Japan (83.0 units)
India (82.0 units)
Thailand (78.0 units)
Philippines (45.0 units)
Malaysia (19.0 units)

Feedstuff Preparing Machinery Imports in Singapore

In 2022, approx. 16 units of machinery for preparing animal feedstuffs were imported into Singapore; growing by 220% on 2021 figures. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. Over the period under review, imports attained the peak figure at 26 units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, feedstuff preparing machinery imports skyrocketed to $208K in 2022. Overall, imports, however, saw a abrupt decline. Imports peaked at $287K in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Import of Feedstuff Preparing Machinery in Singapore (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	109	186	18.5	132	6.6%
Italy	1.6	11.3	36.0	45.9	206.1%
Israel	28.8	5.2	3.0	15.5	-18.7%
Malaysia	7.2	14.0	4.1	10.6	13.8%
United Kingdom	114	54.5	N/A	N/A	-52.2%
Others	14.0	16.1	1.4	4.0	-34.1%
Total	275	287	63.0	208	-8.9%

Top Suppliers of Feedstuff Preparing Machinery to Singapore in 2022:

China (10.0 units)
Italy (3.0 units)
Malaysia (1.0 units)
Israel (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the feedstuff preparing machinery market 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 28308300 - Machinery for preparing animal feedstuffs

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023