Price for Frozen Cuts and Edible Offal of Domestic Geese in Singapore - 2023

Contents:

  1. Price for Frozen Cuts and Edible Offal of Domestic Geese in Singapore (CIF) - 2022
  2. Price for Frozen Cuts and Edible Offal of Domestic Geese in Singapore (FOB) - 2022
  3. Imports of Frozen Cuts and Edible Offal of Domestic Geese in Singapore
  4. Exports of Frozen Cuts and Edible Offal of Domestic Geese in Singapore

Price for Frozen Cuts and Edible Offal of Domestic Geese in Singapore (CIF) - 2022

The average import price for frozen cuts and edible offal of domestic geeses stood at $5,760 per ton in 2022, shrinking by -22.9% against the previous year. In general, the import price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2017 an increase of 38%. The import price peaked at $16,561 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($17,614 per ton), while the price for Poland ($2,100 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Frozen Cuts and Edible Offal of Domestic Geese in Singapore (FOB) - 2022

The average export price for frozen cuts and edible offal of domestic geeses stood at $12,822 per ton in 2022, reducing by -7.5% against the previous year. Over the period under review, the export price, however, recorded moderate growth. The most prominent rate of growth was recorded in 2017 an increase of 64% against the previous year. As a result, the export price reached the peak level of $17,600 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

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 Indonesia amounted to +5.8% per year.

Imports of Frozen Cuts and Edible Offal of Domestic Geese in Singapore

In 2022, the amount of frozen cuts and edible offal of domestic geeses imported into Singapore surged to 23 tons, increasing by 1,118% compared with the previous year's figure. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of frozen cuts and edible offal of domestic geeses surged to $131K in 2022. Over the period under review, imports saw a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Frozen Cuts and Edible Offal of Domestic Geese in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary35.074.64.790.537.3%
PolandN/AN/AN/A21.50%
Hong Kong SARN/AN/AN/A15.20%
Germany3.54.51.11.2-30.0%
United States17.434.813.9N/A-10.6%
Others35.1-8.0-5.92.0-61.5%
Total91.010613.913112.9%

Top Suppliers of Frozen Cuts and Edible Offal of Domestic Geese to Singapore in 2022:

  1. Poland (10.2 tons)
  2. Hungary (9.3 tons)
  3. Hong Kong SAR (3.0 tons)
  4. Germany (0.1 tons)

Exports of Frozen Cuts and Edible Offal of Domestic Geese in Singapore

For the third year in a row, Singapore recorded decline in shipments abroad of frozen cuts and edible offal of domestic geeses, which decreased by -13.5% to 45 kg in 2022. In general, exports saw a deep reduction.

In value terms, exports of frozen cuts and edible offal of domestic geeses contracted remarkably to $577 in 2022. Over the period under review, exports faced a precipitous shrinkage.

Export of Frozen Cuts and Edible Offal of Domestic Geese in Singapore (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia27.021.016.02,042322.9%
Malaysia1,100880705N/A-19.9%
OthersN/AN/AN/A-1,465.00%
Total1,127901721577-20.0%

Top Export Markets for Frozen Cuts and Edible Offal of Domestic Geese from Singapore in 2022:

  1. Indonesia (40.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Meat and edible offal; of geese, cuts and offal, excluding fatty livers, frozen - Singapore