Singapore: Overview of the Market for Horse, Mule And Donkey Meat 2021

Market Size for Horse, Mule And Donkey Meat in Singapore

The Singaporean market for horse, mule and donkey meat was finally on the rise to reach $X in 2019, after three years of decline. Over the period under review, consumption, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Horse, mule and donkey meat consumption peaked at $X in 2015; however, from 2016 to 2019, consumption remained at a lower figure.

Production of Horse, Mule And Donkey Meat in Singapore

In value terms, horse, mule and donkey meat production contracted to $X in 2019 estimated in export prices. Overall, the total production indicated a notable expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2012 when the production volume increased by X% y-o-y. Horse, mule and donkey meat production peaked at $X in 2013; however, from 2014 to 2019, production stood at a somewhat lower figure.

In 2019, the average horse, mule and donkey meat yield in Singapore amounted to X kg per head, almost unchanged from 2018. Over the period under review, the yield showed a relatively flat trend pattern.

In 2019, number of animals slaughtered for horse, mule and donkey meat production in Singapore stood at X head, approximately equating the previous year. In general, the number of producing animals saw a relatively flat trend pattern.

Exports of Horse, Mule And Donkey Meat

Exports from Singapore

In 2019, shipments abroad of horse, mule and donkey meat decreased by -X% to X kg, falling for the seventh year in a row after three years of growth. Over the period under review, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2012 when exports increased by X% against the previous year. As a result, exports reached the peak of X tonnes. From 2013 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, horse, mule and donkey meat exports shrank dramatically to $X in 2019. Overall, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Exports peaked at $X in 2012; however, from 2013 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Pakistan (X kg) was the main destination for horse, mule and donkey meat exports from Singapore, accounting for a approx. X% share of total exports.

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

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

Export Prices by Country

In 2019, the average export price for horse, mule and donkey meat amounted to $X per tonne, dropping by -X% against the previous year. In general, export price indicated moderate growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, horse, mule and donkey meat export price decreased by -X% against 2013 indices. The pace of growth was the most pronounced in 2010 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2013; however, from 2014 to 2019, export prices failed to regain the momentum.

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

From 2007 to 2019, the rate of growth in terms of prices for Pakistan amounted to X% per year.

Imports of Horse, Mule And Donkey Meat

Imports into Singapore

In 2019, overseas purchases of horse, mule and donkey meat were finally on the rise to reach X kg after three years of decline. In general, imports, however, recorded a sharp reduction. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2015; however, from 2016 to 2019, imports failed to regain the momentum.

In value terms, horse, mule and donkey meat imports shrank sharply to $X in 2019. Over the period under review, imports, however, continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2012 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2019, imports remained at a lower figure.

Imports by Country

Brazil (X kg) and Australia (X kg) were the main suppliers of horse, mule and donkey meat imports to Singapore, together accounting for X% of total imports.

From 2007 to 2019, the biggest increases were in Brazil.

In value terms, Australia ($X) constituted the largest supplier of horse, mule and donkey meat to Singapore, comprising X% of total imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value from Australia stood at -X%.

Import Prices by Country

The average import price for horse, mule and donkey meat stood at $X per tonne in 2019, falling by -X% against the previous year. Over the period under review, the import price saw a pronounced decline. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. As a result, import price attained the peak level of $X per tonne, and then fell dramatically in the following year.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Australia.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for horse, mule and donkey meat in the world?

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China (346K tonnes) remains the largest horse, mule and donkey meat consuming country worldwide, comprising approx. 36% of total volume. Moreover, horse, mule and donkey meat consumption in China exceeded the figures recorded by the second-largest consumer, Kazakhstan (135K tonnes), threefold. The third position in this ranking was occupied by Mongolia (63K tonnes), with a 6.5% share.

What are the largest producers of horse, mule and donkey meat in the world?

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China (344K tonnes) constituted the country with the largest volume of horse, mule and donkey meat production, accounting for 35% of total volume. Moreover, horse, mule and donkey meat production in China exceeded the figures recorded by the second-largest producer, Kazakhstan (132K tonnes), threefold. Mexico (73K tonnes) ranked third in terms of total production with a 7.4% share.

What are the leading suppliers of horse, mule and donkey meat to Singapore?

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In value terms, Australia ($423) constituted the largest supplier of horse, mule and donkey meat to Singapore, comprising 72% of total imports. The second position in the ranking was occupied by Brazil ($164), with a 28% share of total imports.

What is the average export price for horse, mule and donkey meat in Singapore?

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The average export price for horse, mule and donkey meat stood at $3,107 per tonne in 2019, which is down by -6.9% against the previous year.

What is the average import price for horse, mule and donkey meat in Singapore?

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In 2019, the average import price for horse, mule and donkey meat amounted to $4,655 per tonne, falling by -43.6% against the previous year.