Price for Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Singapore - 2022

Contents:

1. Price for Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Singapore (CIF) - 2022
2. Price for Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Singapore (FOB) - 2022
3. Imports of Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Singapore
4. Exports of Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Singapore

Price for Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Singapore (CIF) - 2022

The average import price for animals; live, birds, other than birds of prey and psittaciformeses stood at $24 per unit in 2022, growing by 21% against the previous year. In general, the import price continues to indicate a significant increase. The pace of growth was the most pronounced in 2015 when the average import price increased by 165%. The import price peaked 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 the United States ($154 per unit), while the price for Congo ($1.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+45.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Singapore (FOB) - 2022

In 2022, the average export price for animals; live, birds, other than birds of prey and psittaciformeses amounted to $45 per unit, shrinking by -20% against the previous year. In general, the export price, however, posted a prominent expansion. The growth pace was the most rapid in 2015 when the average export price increased by 85%. The export price peaked at $57 per unit in 2021, and then reduced rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($46 per unit), while the average price for exports to Hong Kong SAR ($19 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+58.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Singapore

In 2022, overseas purchases of animals; live, birds, other than birds of prey and psittaciformeses decreased by -15.2% to 22K units, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2020 when imports increased by 25% against the previous year. As a result, imports attained the peak of 39K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of animals; live, birds, other than birds of prey and psittaciformeses rose modestly to $510K in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +5.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Animals; Live, Birds, Other than Birds of Prey and Psittaciformes to Singapore in 2022:

1. Mozambique (6.0K units)
2. Oman (4.0K units)
3. Philippines (2.4K units)
4. Congo (1.9K units)
5. France (1.5K units)
6. United States (1.5K units)
7. Sri Lanka (1.4K units)
8. Austria (1.1K units)
9. Netherlands (0.2K units)

Exports of Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Singapore

Exports of animals; live, birds, other than birds of prey and psittaciformeses from Singapore skyrocketed to 7.1K units in 2022, picking up by 356% compared with the previous year. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of animals; live, birds, other than birds of prey and psittaciformeses soared to $320K in 2022. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 534%. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Animals; Live, Birds, Other than Birds of Prey and Psittaciformes from Singapore in 2022:

1. Taiwan (Chinese) (6.8K units)
2. Japan (0.2K units)

Source: IndexBox Market Intelligence Platform