Singapore - Meat Dishes - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Singapore - Meat Dishes - Market Analysis, Forecast, Size, Trends And Insights

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Meat Dishes Price in Singapore - 2022

Contents:

  1. Meat Dishes Price in Singapore (CIF) - 2022
  2. Meat Dishes Price in Singapore (FOB) - 2022
  3. Meat Dishes Imports in Singapore
  4. Meat Dishes Exports in Singapore

Meat Dishes Price in Singapore (CIF) - 2022

The average meat dishes import price stood at $7,132 per ton in September 2022, with an increase of 4.5% against the previous month. Over the last eight-month period, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in April 2022 an increase of 8.8% m-o-m. Over the period under review, average import prices reached the maximum 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 Australia ($12,573 per ton), while the price for Denmark ($3,310 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Brazil (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Meat Dishes Price in Singapore (FOB) - 2022

The average meat dishes export price stood at $7,713 per ton in September 2022, declining by -6% against the previous month. In general, the export price continues to indicate a slight decline. The pace of growth was the most pronounced in July 2022 when the average export price increased by 41% month-to-month. As a result, the export price reached the peak level of $9,309 per ton. From August 2022 to September 2022, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($20,614 per ton), while the average price for exports to Timor-Leste ($3,600 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.

Meat Dishes Imports in Singapore

In 2022, meat dishes imports into Singapore totaled 48K tons, increasing by 7.9% on 2021. The total import volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, meat dishes imports rose rapidly to $237M in 2022. The total import value increased at an average annual rate of +9.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Meat Dishes in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand89.492.596.112311.2%
Malaysia29.328.131.536.07.1%
China27.038.229.332.15.9%
United States9.512.213.511.56.6%
Australia8.811.514.810.97.4%
Brazil7.99.210.69.97.8%
France3.23.23.93.1-1.1%
Denmark2.63.02.52.2-5.4%
Others4.05.68.58.026.0%
Total1822042112379.2%

Top Suppliers of Meat Dishes to Singapore in 2022:

  1. Thailand (24.5K tons)
  2. Malaysia (6.9K tons)
  3. China (6.8K tons)
  4. Brazil (4.5K tons)
  5. United States (1.6K tons)
  6. Australia (1.0K tons)
  7. Denmark (0.8K tons)
  8. France (0.8K tons)

Meat Dishes Exports in Singapore

In 2022, overseas shipments of meat dishes decreased by -7.5% to 3.2K tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 49%. As a result, the exports reached the peak of 3.9K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, meat dishes exports amounted to $19M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +19.4% 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 -5.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 81% against the previous year. As a result, the exports attained the peak of $20M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Meat Dishes in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia3.310.07.45.720.0%
Hong Kong SAR1.63.13.44.541.2%
Indonesia1.81.92.52.511.6%
Qatar0.30.50.51.049.4%
Brunei Darussalam0.40.81.10.931.0%
Timor-Leste0.40.40.70.720.5%
Maldives0.60.30.50.60.0%
Myanmar0.70.90.60.6-5.0%
Philippines0.10.20.20.681.7%
BrazilN/A0.3N/AN/A0%
Others1.71.41.41.5-4.1%
Total10.919.718.518.519.3%

Top Export Markets for Meat Dishes from Singapore in 2022:

  1. Malaysia (991.4 tons)
  2. Indonesia (869.1 tons)
  3. Hong Kong SAR (342.6 tons)
  4. Timor-Leste (326.3 tons)
  5. Qatar (145.2 tons)
  6. Philippines (101.0 tons)
  7. Brunei Darussalam (93.6 tons)
  8. Maldives (67.6 tons)
  9. Myanmar (54.2 tons)
  10. Brazil (15.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the meat dishes 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 10851100 - Prepared meals and dishes based on meat, meat offal or blood
  • Prodcom 100000Z1 - Prepared and preserved meat, meat offal or blood, including prepared meat and offal dishes
  • Prodcom 10131430 - Liver sausages and similar products and food preparations based thereon (excluding prepared meals and dishes)
  • Prodcom 10131460 - Sausages and similar products of meat, offal or blood and food preparations based thereon (excluding liver sausages and prepared meals and dishes)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Free Data: Meat Dishes - Singapore