Latest Report Update: Apr 18, 2021

Singapore - Goat Meat - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Singapore: Goat Meat Market Overview 2021

Webinar: Global Palm Oil Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global palm oil market.

Thursday, May 6th, 2021 @ 10:00 am ET

Register Now

Goat Meat Market Size in Singapore

In 2019, the Singaporean goat meat market increased by X% to $X, rising for the third year in a row after six years of decline. Over the period under review, consumption posted a buoyant expansion. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. Over the period under review, the market hit record highs at $X in 2010; however, from 2011 to 2019, consumption remained at a lower figure.

Goat Meat Production in Singapore

In value terms, goat meat production reached $X in 2019 estimated in export prices. Overall, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2019, production remained at a lower figure.

The average yield of goat meat in Singapore rose modestly to X kg per head in 2019, with an increase of X% compared with the year before. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The goat meat yield peaked at X kg per head in 2014; however, from 2015 to 2019, the yield failed to regain the momentum.

In 2019, the number of animals slaughtered for goat meat production in Singapore shrank to X head, reducing by -X% against the previous year. Over the period under review, the number of producing animals continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, this number attained the peak level at X heads in 2012; however, from 2013 to 2019, producing animals stood at a somewhat lower figure.

Goat Meat Exports

Exports from Singapore

For the third year in a row, Singapore recorded growth in overseas shipments of goat meat, which increased by X% to X tonnes in 2019. In general, exports recorded a buoyant expansion. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. As a result, exports attained the peak of X tonnes. From 2009 to 2019, the growth exports remained at a lower figure.

In value terms, goat meat exports expanded notably to $X in 2019. Overall, exports posted a buoyant expansion. The pace of growth appeared the most rapid in 2008 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. From 2009 to 2019, the growth exports failed to regain the momentum.

Exports by Country

Malaysia (X tonnes) was the main destination for goat meat exports from Singapore, accounting for a X% share of total exports. Moreover, goat meat exports to Malaysia exceeded the volume sent to the second major destination, Oman (X tonnes), fourfold.

From 2007 to 2019, the average annual growth rate of volume to Malaysia was relatively modest.

In value terms, Malaysia ($X) emerged as the key foreign market for goat meat exports from Singapore, comprising X% of total exports. The second position in the ranking was occupied by Oman ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to Malaysia was relatively modest.

Export Prices by Country

In 2019, the average goat meat export price amounted to $X per tonne, growing by X% against the previous year. In general, the export price posted a moderate increase. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. The export price peaked at $X per tonne in 2014; however, from 2015 to 2019, export prices failed to regain the momentum.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Malaysia ($X per tonne), while the average price for exports to Oman stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia.

Goat Meat Imports

Imports into Singapore

In 2019, purchases abroad of goat meat increased by X% to X tonnes, rising for the third year in a row after six years of decline. In general, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2010; however, from 2011 to 2019, imports failed to regain the momentum.

In value terms, goat meat imports skyrocketed to $X in 2019. Over the period under review, imports continue to indicate resilient growth. The pace of growth was the most pronounced in 2010 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2011 to 2019, the growth imports failed to regain the momentum.

Imports by Country

In 2019, Italy (X tonnes) constituted the largest goat meat supplier to Singapore, with a X% share of total imports. Moreover, goat meat imports from Italy exceeded the figures recorded by the second-largest supplier, Australia (X tonnes), eightfold. Malaysia (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (-X% per year) and Malaysia (-X% per year).

In value terms, Italy ($X) constituted the largest supplier of goat meat to Singapore, comprising X% of total imports. The second position in the ranking was occupied by Australia ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+X% per year) and the UK (+X% per year).

Import Prices by Country

The average goat meat import price stood at $X per tonne in 2019, waning by -X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 an increase of X% y-o-y. The import price peaked at $X per tonne in 2017; however, from 2018 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the UK ($X per tonne), while the price for Italy ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Malaysia (+X% per year), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for goat meat in the world?
+
China (4.7M tonnes) remains the largest goat meat consuming country worldwide, accounting for 55% of total volume. Moreover, goat meat consumption in China exceeded the figures recorded by the second-largest consumer, India (550K tonnes), ninefold. The third position in this ranking was occupied by Pakistan (490K tonnes), with a 5.7% share.
What are the largest producers of goat meat in the world?
+
The country with the largest volume of goat meat production was China (4.7M tonnes), comprising approx. 55% of total volume. Moreover, goat meat production in China exceeded the figures recorded by the second-largest producer, India (553K tonnes), ninefold. Pakistan (491K tonnes) ranked third in terms of total production with a 5.7% share.
What are the leading suppliers of goat meat to Singapore?
+
In value terms, Italy ($305K) constituted the largest supplier of goat meat to Singapore, comprising 64% of total imports. The second position in the ranking was occupied by Australia ($105K), with a 22% share of total imports. It was followed by the UK, with a 5.3% share.
What are the leading importers of goat meat from Singapore?
+
In value terms, Malaysia ($28K) emerged as the key foreign market for goat meat exports from Singapore, comprising 86% of total exports. The second position in the ranking was occupied by Oman ($2.3K), with a 7.2% share of total exports.
What is the average export price for goat meat in Singapore?
+
In 2019, the average goat meat export price amounted to $5,968 per tonne, increasing by 1.6% against the previous year.
What is the average import price for goat meat in Singapore?
+
In 2019, the average goat meat import price amounted to $4,210 per tonne, dropping by -31.7% against the previous year.

Product coverage:
• FCL 1017 - Goat meat

This report provides an in-depth analysis of the goat meat 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.


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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Producing Animals Slaughtered, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

Webinar: Global Palm Oil Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global palm oil market.



Thursday, May 6th, 2021 @ 10:00 am ET


Register

Webinar: Global Fertilizer Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global fertilizer market.



Thursday, May 13th, 2021 @ 10:00 am ET


Register

Webinar: Global Gym and Fitness Equipment Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global gym and fitness equipment market.



Thursday, April 22nd, 2021 @ 10:00 am ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data