Singapore - Fresh Or Chilled Hams, Shoulders And Cuts Of Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFresh Pork Cut Price in Singapore - 2022
Contents:
- Fresh Pork Cut Price in Singapore (CIF) - 2022
- Fresh Pork Cut Price in Singapore (FOB) - 2022
- Fresh Pork Cut Imports in Singapore
- Fresh Pork Cut Exports in Singapore
Fresh Pork Cut Price in Singapore (CIF) - 2022
In 2022, the average fresh pork cut import price amounted to $6,419 per ton, jumping by 23% against the previous year. In general, the import price posted prominent growth. The growth pace was the most rapid in 2020 an increase of 31% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($6,428 per ton), while the price for the United States ($3,479 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+5.4%), while the prices for the other major suppliers experienced a decline.
Fresh Pork Cut Price in Singapore (FOB) - 2022
The average fresh pork cut export price stood at $3,171 per ton in 2022, falling by -96.7% against the previous year. In general, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when the average export price increased by 1,916%. As a result, the export price attained the peak level of $95,902 per ton, and then dropped significantly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Myanmar ($5,533 per ton), while the average price for exports to Indonesia totaled $2,547 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+15.8%), while the prices for the other major destinations experienced mixed trend patterns.
Fresh Pork Cut Imports in Singapore
In 2022, overseas purchases of fresh or chilled hams, shoulders and cuts of pig meat decreased by -84.9% to 5.5 tons, falling for the second year in a row after two years of growth. Overall, imports showed a dramatic setback. The most prominent rate of growth was recorded in 2020 when imports increased by 182%. As a result, imports reached the peak of 251 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, fresh pork cut imports dropped markedly to $36K in 2022. In general, imports showed a precipitous descent. The growth pace was the most rapid in 2020 with an increase of 270% against the previous year. As a result, imports reached the peak of $1.1M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Fresh Pork Cut in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 251 | 1,040 | 182 | 22.0 | -55.6% |
| Canada | 9.6 | 7.7 | 6.9 | 12.3 | 8.6% |
| United States | 18.1 | 15.7 | N/A | 0.5 | -69.8% |
| Others | 8.8 | 0.5 | 1.3 | 0.7 | -57.0% |
| Total | 288 | 1,064 | 191 | 35.6 | -50.2% |
Top Suppliers of Fresh Pork Cut to Singapore in 2022:
- Australia (3.4 tons)
- Canada (1.9 tons)
- United States (0.1 tons)
Fresh Pork Cut Exports in Singapore
Fresh pork cut exports from Singapore soared to 1.6 tons in 2022, jumping by 296% compared with the year before. Over the period under review, exports, however, continue to indicate a drastic downturn.
In value terms, fresh pork cut exports shrank significantly to $5K in 2022. Overall, exports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 2,494%. As a result, the exports attained the peak of $38K, and then declined rapidly in the following year.
| Export of Fresh Pork Cut in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | N/A | N/A | 0.3 | 3.2 | 966.7% |
| Myanmar | 1.8 | 1.5 | 1.6 | 1.8 | 0.0% |
| Sri Lanka | 3.3 | N/A | N/A | N/A | 0% |
| Malaysia | 1.1 | N/A | N/A | N/A | 0% |
| Brunei Darussalam | N/A | N/A | 36.3 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.2 | 1.5 | 38.3 | 5.0 | -6.9% |
Top Export Markets for Fresh Pork Cut from Singapore in 2022:
- Indonesia (1250.0 kg)
- Myanmar (330.0 kg)
This report provides an in-depth analysis of the fresh pork cut 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 10111250 - Fresh or chilled hams, shoulders and cuts thereof with bone in, of pig meat (including fresh meat packed with salt as a temporary preservative)
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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