Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Singapore - 2022

Contents:

1. Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Singapore (CIF) - 2022
2. Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Singapore (FOB) - 2022
3. Imports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Singapore
4. Exports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Singapore

Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Singapore (CIF) - 2022

The average import price for poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat stood at $8.8 per unit in September 2022, increasing by 1.9% against the previous month. Overall, the import price recorded a prominent increase. The pace of growth was the most pronounced in January 2022 when the average import price increased by 38% month-to-month. Over the period under review, average import prices attained the peak figure in September 2022.

As there is only one major supplying country, the average price level is determined by prices for Malaysia.

From September 2021 to September 2022, the rate of growth in terms of prices for Malaysia amounted to +8.1% per month.

Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Singapore (FOB) - 2022

The average export price for poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat stood at $0.2 per unit in 2021, with an increase of 174% against the previous year. In general, the export price, however, recorded a precipitous curtailment. The export price peaked at $1,943 per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Malaysia.

From 2014 to 2021, the rate of growth in terms of prices for Malaysia amounted to +176.4% per year.

Imports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Singapore

In 2022, approx. 28M units of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat were imported into Singapore; falling by -41.2% on the previous year. Overall, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 3.6% against the previous year. Over the period under review, imports of poultry; live, fowls of species gallus domesticus, weighing more than 185g meat reached the peak figure at 50M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat dropped rapidly to $124M in 2022. Over the period under review, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 10%. As a result, imports attained the peak of $163M, and then fell remarkably in the following year.

Top Suppliers of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g to Singapore in 2022:

1. Malaysia (28.5M units)

Exports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Singapore

Exports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat from Singapore skyrocketed to 28K units in 2021, with an increase of 200% compared with 2020. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat soared to $5.6K in 2021. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g from Singapore in 2022:

1. Malaysia (28.1K units)

Source: IndexBox Market Intelligence Platform