Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Singapore - 2022
Contents:
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Singapore (CIF) - 2022
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Singapore (FOB) - 2022
- Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Singapore
- Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Singapore
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Singapore (CIF) - 2022
The average import price for poultry fat; other than that of heading 0209 or 1503 meat stood at $1,903 per ton in 2022, falling by -15% against the previous year. In general, the import price showed a noticeable downturn. The pace of growth appeared the most rapid in 2018 an increase of 9.4% against the previous year. Over the period under review, average import prices attained the peak figure at $3,116 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($11,402 per ton), while the price for Germany ($841 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+0.8%), while the prices for the other major suppliers experienced a decline.
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Singapore (FOB) - 2022
The average export price for poultry fat; other than that of heading 0209 or 1503 meat stood at $10,724 per ton in 2022, leveling off at the previous year. In general, the export price saw prominent growth. The most prominent rate of growth was recorded in 2017 an increase of 112%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($46,050 per ton), while the average price for exports to Australia ($3,182 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+199.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Singapore
Imports of poultry fat; other than that of heading 0209 or 1503 meat into Singapore soared to 145 tons in 2022, picking up by 233% on the previous year. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of poultry fat; other than that of heading 0209 or 1503 meat skyrocketed to $275K in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Poultry Fat; Other than That of Heading 0209 or 1503 in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | N/A | N/A | N/A | 135 | 0% |
| France | 25.4 | 21.1 | 26.6 | 100 | 57.9% |
| Thailand | 1.4 | 2.2 | 6.2 | 36.0 | 195.2% |
| Germany | 26.2 | 31.4 | 24.0 | 0.1 | -84.4% |
| Others | 23.6 | 51.0 | 40.4 | 4.3 | -43.3% |
| Total | 76.7 | 106 | 97.3 | 275 | 53.1% |
Top Suppliers of Poultry Fat; Other than That of Heading 0209 or 1503 to Singapore in 2022:
- Malaysia (104.9 tons)
- France (36.3 tons)
- Thailand (3.2 tons)
- Germany (0.1 tons)
Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Singapore
Exports of poultry fat; other than that of heading 0209 or 1503 meat from Singapore totaled 250 kg in 2022, approximately mirroring 2021 figures. In general, exports showed a dramatic downturn. The smallest decline of 99.9% was in 2021.
In value terms, exports of poultry fat; other than that of heading 0209 or 1503 meat totaled $2.7K in 2022. Over the period under review, exports continue to indicate a precipitous shrinkage. The smallest decline of 99.9% was in 2021.
| Export of Poultry Fat; Other than That of Heading 0209 or 1503 in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Japan | N/A | N/A | 1.1 | 0% | |
| United Kingdom | N/A | N/A | 0.9 | 0% | |
| Australia | N/A | N/A | 0.3 | 0% | |
| Indonesia | N/A | N/A | 0.3 | 0% | |
| Democratic Republic of the Congo | 60.1 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 60.1 | N/A | 2.7 | -78.8% | |
Top Export Markets for Poultry Fat; Other than That of Heading 0209 or 1503 from Singapore in 2022:
- Australia (110.0 kg)
- Japan (100.0 kg)
- United Kingdom (20.0 kg)
- Indonesia (20.0 kg)
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