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Singapore - Poultry - Market Analysis, Forecast, Size, Trends and Insights
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Singapore: Poultry Market Overview 2021

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Poultry Market Size in Singapore

The Singaporean poultry market reduced to $X in 2019, shrinking by -X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2019, consumption remained at a lower figure.

Poultry Production in Singapore

In value terms, poultry production contracted remarkably to $X in 2019 estimated in export prices. In general, production, however, recorded a modest increase. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. As a result, production attained the peak level of $X, and then contracted notably in the following year.

In 2019, the average poultry yield in Singapore stood at X kg per X heads, flattening at the previous year. Overall, the yield recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the yield increased by X% year-to-year. The poultry yield peaked at X kg per X heads in 2007; afterwards, it flattened through to 2019.

In 2019, the number of animals slaughtered for poultry production in Singapore dropped slightly to X heads, falling by -X% on 2018 figures. This number increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. As a result, the amount of animals produced attained the peak level of X heads, and then fell slightly in the following year.

Poultry Exports

Exports from Singapore

After two years of decline, shipments abroad of poultry increased by X% to X tonnes in 2019. Overall, exports continue to indicate a slight expansion. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, poultry exports soared to $X in 2019. In general, exports continue to indicate a relatively flat trend pattern. Exports peaked at $X in 2013; however, from 2014 to 2019, exports failed to regain the momentum.

Exports by Country

Indonesia (X tonnes), Timor-Leste (X tonnes) and Malaysia (X tonnes) were the main destinations of poultry exports from Singapore, together accounting for X% of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for poultry exported from Singapore were Indonesia ($X), Timor-Leste ($X) and Malaysia ($X), together comprising X% of total exports.

Malaysia recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2019, the average poultry export price amounted to $X per tonne, shrinking by -X% against the previous year. Overall, the export price showed a slight decline. The pace of growth was the most pronounced in 2018 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2011; however, from 2012 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Brazil ($X per tonne), while the average price for exports to Timor-Leste ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Brazil, while the prices for the other major destinations experienced mixed trend patterns.

Poultry Imports

Imports into Singapore

In 2019, poultry imports into Singapore rose slightly to X tonnes, with an increase of X% against the year before. The total import volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of X tonnes. From 2017 to 2019, the growth imports remained at a lower figure.

In value terms, poultry imports rose slightly to $X in 2019. Over the period under review, total imports indicated a noticeable increase 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. Based on 2019 figures, imports increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Brazil (X tonnes) constituted the largest poultry supplier to Singapore, accounting for a X% share of total imports. Moreover, poultry imports from Brazil exceeded the figures recorded by the second-largest supplier, the U.S. (X tonnes), fourfold. Argentina (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 Brazil was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Argentina (+X% per year).

In value terms, Brazil ($X) constituted the largest supplier of poultry to Singapore, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

From 2007 to 2019, the average annual growth rate of value from Brazil totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Argentina (+X% per year).

Import Prices by Country

In 2019, the average poultry import price amounted to $X per tonne, rising by X% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2012 an increase of X% year-to-year. The import price peaked at $X per tonne in 2014; however, from 2015 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 Brazil ($X per tonne), while the price for the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Denmark, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for poultry in the world?
+
The countries with the highest volumes of poultry consumption in 2019 were China (20M tonnes), the U.S. (19M tonnes) and Brazil (10M tonnes), together comprising 38% of global consumption. Russia, Mexico, India, Indonesia, Japan, South Africa, Iran, the UK and Argentina lagged somewhat behind, together comprising a further 22%.
What are the largest producers of poultry in the world?
+
The countries with the highest volumes of poultry production in 2019 were the U.S. (23M tonnes), China (20M tonnes) and Brazil (14M tonnes), with a combined 43% share of global production. Russia, India, Indonesia, Mexico, Poland, Japan, Iran, Argentina and Turkey lagged somewhat behind, together accounting for a further 21%.
What are the leading suppliers of poultry to Singapore?
+
In value terms, Brazil ($200M) constituted the largest supplier of poultry to Singapore, comprising 77% of total imports. The second position in the ranking was occupied by the U.S. ($31M), with a 12% share of total imports. It was followed by Argentina, with a 2.5% share.
What are the leading importers of poultry from Singapore?
+
In value terms, the largest markets for poultry exported from Singapore were Indonesia ($9M), Timor-Leste ($6M) and Malaysia ($4.4M), together accounting for 87% of total exports.
What is the average export price for poultry in Singapore?
+
The average poultry export price stood at $1,325 per tonne in 2019, declining by -33.6% against the previous year.
What is the average import price for poultry in Singapore?
+
In 2019, the average poultry import price amounted to $1,818 per tonne, with an increase of 1.8% against the previous year.

Product coverage:
• FCL 1058 - Chicken meat
• FCL 1059 - Offals and liver of chickens
• FCL 1069 - Duck meat
• FCL 1073 - Goose meat
• FCL 1074 - Offals and liver of geese
• FCL 1075 - Offals and liver of ducks
• FCL 1080 - Turkey meat
• FCL 1081 - Offals and liver of turkey

This report provides an in-depth analysis of the poultry 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

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