Report Singapore - Beef (Cattle Meat) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: May 12, 2022

Singapore - Beef (Cattle Meat) - Market Analysis, Forecast, Size, Trends and Insights
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Singapore: Beef Market 2022

Beef Exports

Exports from Singapore

In 2020, overseas shipments of beef (cattle meat) increased by X% to X tonnes, rising for the second consecutive year after two years of decline. Over the period under review, exports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2015 when exports increased by X% y-o-y. Over the period under review, the exports hit record highs in 2020 and are expected to retain growth in the near future.

In value terms, beef exports surged to $X in 2020. In general, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% y-o-y. The exports peaked at $X in 2016; however, from 2017 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

Malaysia (X tonnes), Indonesia (X tonnes) and Australia (X tonnes) were the main destinations of beef exports from Singapore, together comprising X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Australia (+X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for beef exported from Singapore were Indonesia ($X), Malaysia ($X) and Australia ($X), with a combined X% share of total exports.

Australia, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average beef export price amounted to $X per tonne, falling by -X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per tonne in 2016; however, from 2017 to 2020, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Australia ($X per tonne), while the average price for exports to Malaysia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Beef Imports

Imports into Singapore

In 2020, imports of beef (cattle meat) into Singapore rose rapidly to X tonnes, with an increase of X% compared with 2019 figures. Overall, total imports indicated a moderate increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2015 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2017; however, from 2018 to 2020, imports failed to regain momentum.

In value terms, beef imports skyrocketed to $X in 2020. Over the period under review, imports posted a prominent increase. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Imports peaked in 2020 and are likely to see steady growth in years to come.

Imports by Country

In 2020, Brazil (X tonnes) constituted the largest supplier of beef to Singapore, accounting for a X% share of total imports. Moreover, beef imports from Brazil exceeded the figures recorded by the second-largest supplier, Australia (X tonnes), twofold. The third position in this ranking was occupied by the United States (X tonnes), with an X% share.

From 2007 to 2020, the average annual growth rate of volume from Brazil totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+X% per year) and the United States (+X% per year).

In value terms, Brazil ($X), Australia ($X) and the United States ($X) constituted the largest beef suppliers to Singapore, with a combined X% share of total imports. New Zealand and Argentina lagged somewhat behind, together comprising a further X terms of the main suppliers, Argentina, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average beef import price amounted to $X per tonne, rising by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% year-to-year. Over the period under review, average import prices hit record highs in 2020 and is expected to retain growth in years to come.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($X per tonne), while the price for Brazil ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the United States (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for beef (cattle meat) in the world?
+
The countries with the highest volumes of beef consumption in 2020 were the United States, China and Brazil, together comprising 42% of global consumption. Argentina, Pakistan, Mexico, Russia, India, France, Australia, Germany and Canada lagged somewhat behind, together comprising a further 21%.
What are the largest producers of beef (cattle meat) in the world?
+
The countries with the highest volumes of beef production in 2020 were the United States, Brazil and China, with a combined 40% share of global production. These countries were followed by Argentina, India, Australia, Pakistan, Mexico, Russia, France, Canada and Germany, which together accounted for a further 25%.
What are the leading suppliers of beef (cattle meat) to Singapore?
+
In value terms, Brazil, Australia and the United States constituted the largest beef suppliers to Singapore, with a combined 82% share of total imports. New Zealand and Argentina lagged somewhat behind, together accounting for a further 9%.
What are the leading importers of beef (cattle meat) from Singapore?
+
In value terms, Indonesia, Malaysia and Australia appeared to be the largest markets for beef exported from Singapore worldwide, together comprising 88% of total exports.
What is the average export price for beef (cattle meat) in Singapore?
+
In 2020, the average beef export price amounted to $3,059 per tonne, with a decrease of -12.4% against the previous year.
What is the average import price for beef (cattle meat) in Singapore?
+
The average beef import price stood at $6,469 per tonne in 2020, with an increase of 9.1% against the previous year.

This report provides an in-depth analysis of the beef 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 2025.


Product coverage:
• FCL 947 - Buffalo meat
• FCL 867 - Meat of cattle
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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2007–2021
Table 3:
Market Value, 2007–2021
Table 4:
Per Capita Consumption In 2007–2021
Table 5:
Imports, In Physical Terms, By Country, 2007–2021
Table 6:
Imports, In Value Terms, By Country, 2007–2021
Table 7:
Import Prices, By Country Of Origin, 2007–2021
Table 8:
Exports, In Physical Terms, By Country, 2007–2021
Table 9:
Exports, In Value Terms, By Country, 2007–2021
Table 10:
Export Prices, By Country Of Destination, 2007–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2021
Figure 5:
Trade Balance, In Physical Terms, 2007–2021
Figure 6:
Trade Balance, In Value Terms, 2007–2021
Figure 7:
Per Capita Consumption, 2007–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2021
Figure 22:
Production, In Value Terms, 2007–2021
Figure 23:
Producing Animals Slaughtered, 2007–2021
Figure 24:
Yield, 2007–2021
Figure 25:
Imports, In Physical Terms, 2007–2021
Figure 26:
Imports, In Value Terms, 2007–2021
Figure 27:
Imports, In Physical Terms, By Country, 2021
Figure 28:
Imports, In Physical Terms, By Country, 2007–2021
Figure 29:
Imports, In Value Terms, By Country, 2007–2021
Figure 30:
Import Prices, By Country Of Origin, 2007–2021
Figure 31:
Exports, In Physical Terms, 2007–2021
Figure 32:
Exports, In Value Terms, 2007–2021
Figure 33:
Exports, In Physical Terms, By Country, 2021
Figure 34:
Exports, In Physical Terms, By Country, 2007–2021
Figure 35:
Exports, In Value Terms, By Country, 2007–2021
Figure 36:
Export Prices, By Country Of Destination, 2007–2021
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