Singapore - Goat Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGoat Meat Price in Singapore - 2022
Contents:
- Goat Meat Price in Singapore (CIF) - 2022
- Goat Meat Price in Singapore (FOB) - 2022
- Goat Meat Imports in Singapore
- Goat Meat Exports in Singapore
Goat Meat Price in Singapore (CIF) - 2022
The average goat meat import price stood at $5,136 per ton in 2022, with an increase of 15% against the previous year. Overall, the import price, however, continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2021 an increase of 30%. The import price peaked at $9,456 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($10,292 per ton), while the price for Argentina stood at $3,708 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+32.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Goat Meat Price in Singapore (FOB) - 2022
The average goat meat export price stood at $3,708 per ton in 2022, with a decrease of -33.7% against the previous year. In general, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 27%. Over the period under review, the average export prices attained the peak figure at $8,871 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Indonesia.
From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to -13.5% per year.
Goat Meat Imports in Singapore
In 2022, purchases abroad of goat meat decreased by -39.1% to 45 tons, falling for the second year in a row after two years of growth. In general, imports faced a significant contraction. The growth pace was the most rapid in 2020 when imports increased by 224% against the previous year. As a result, imports reached the peak of 387 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, goat meat imports fell remarkably to $229K in 2022. Overall, imports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 179%. As a result, imports reached the peak of $1.3M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Goat Meat in Singapore (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | N/A | 335 | 75.8 | 130 | -37.7% |
Australia | 68.9 | 73.0 | 24.5 | 99.6 | 13.1% |
Spain | N/A | 63.6 | N/A | N/A | 0% |
Chile | N/A | 75.6 | N/A | N/A | 0% |
France | N/A | 143 | N/A | N/A | 0% |
Italy | 201 | N/A | N/A | N/A | 0% |
Netherlands | N/A | 332 | 183 | N/A | -44.9% |
Others | 207 | 308 | 43.6 | N/A | -54.1% |
Total | 478 | 1,330 | 327 | 229 | -21.8% |
Top Suppliers of Goat Meat to Singapore in 2022:
- Argentina (35.0 tons)
- Australia (9.7 tons)
Goat Meat Exports in Singapore
For the fourth consecutive year, Singapore recorded growth in overseas shipments of goat meat, which increased by 505% to 35 tons in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, goat meat exports soared to $130K in 2022. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Goat Meat in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | N/A | N/A | N/A | 130 | 0% |
Oman | 0.7 | 0.7 | 2.3 | N/A | 81.3% |
Malaysia | 6.9 | 15.2 | 23.6 | N/A | 84.9% |
Others | 0.4 | 0.3 | 6.3 | N/A | 296.9% |
Total | 8.0 | 16.1 | 32.3 | 130 | 153.3% |
Top Export Markets for Goat Meat from Singapore in 2022:
- Indonesia (35.0 tons)
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 2030.
Product coverage:
- FCL 1017 - Goat meat
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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