Price for Frozen Domestic Ducks, Not Cut in Pieces in Singapore - 2022
Contents:
- Price for Frozen Domestic Ducks, Not Cut in Pieces in Singapore (CIF) - 2022
- Price for Frozen Domestic Ducks, Not Cut in Pieces in Singapore (FOB) - 2022
- Imports of Frozen Domestic Ducks, Not Cut in Pieces in Singapore
- Exports of Frozen Domestic Ducks, Not Cut in Pieces in Singapore
Price for Frozen Domestic Ducks, Not Cut in Pieces in Singapore (CIF) - 2022
The average import price for frozen domestic ducks, not cut in pieceses stood at $4,793 per ton in September 2022, growing by 16% against the previous month. Overall, import price indicated a buoyant increase from September 2021 to September 2022: its price increased at an average monthly rate of +6.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, import price for frozen domestic ducks, not cut in pieceses increased by +15.6% against August 2022 indices. The pace of growth was the most pronounced in October 2021 when the average import price increased by 20% against the previous month. Over the period under review, average import prices attained the peak figure in September 2022.
Average prices varied somewhat amongst the major supplying countries. In September 2022, the country with the highest price was Ireland ($6,369 per ton), while the price for Malaysia ($4,253 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Domestic Ducks, Not Cut in Pieces in Singapore (FOB) - 2022
The average export price for frozen domestic ducks, not cut in pieceses stood at $1,766 per ton in 2022, dropping by -19.7% against the previous year. Overall, the export price recorded a deep reduction. The growth pace was the most rapid in 2015 an increase of 12%. The export price peaked at $4,631 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sri Lanka ($7,365 per ton), while the average price for exports to Malaysia ($1,420 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+4.4%), while the prices for the other major destinations experienced a decline.
Imports of Frozen Domestic Ducks, Not Cut in Pieces in Singapore
In 2022, imports of frozen domestic ducks, not cut in pieceses into Singapore expanded notably to 2.1K tons, rising by 7.9% against the previous year's figure. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of frozen domestic ducks, not cut in pieceses soared to $6.3M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +18.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 47% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Frozen Domestic Ducks, Not Cut in Pieces in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 1.3 | 1.5 | 2.4 | 3.7 | 41.7% |
| Ireland | 2.0 | 1.6 | 2.1 | 1.5 | -9.1% |
| China | 0.3 | 0.2 | 0.4 | 0.5 | 18.6% |
| Thailand | 0.1 | N/A | 0.1 | 0.5 | 71.0% |
| Others | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Total | 3.8 | 3.5 | 5.2 | 6.3 | 18.4% |
Top Suppliers of Frozen Domestic Ducks, Not Cut in Pieces to Singapore in 2022:
- Malaysia (1257.4 tons)
- Ireland (357.9 tons)
- China (266.2 tons)
- Thailand (177.4 tons)
Exports of Frozen Domestic Ducks, Not Cut in Pieces in Singapore
Exports of frozen domestic ducks, not cut in pieceses from Singapore skyrocketed to 398 tons in 2022, growing by 50% against 2021 figures. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 75% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of frozen domestic ducks, not cut in pieceses surged to $703K in 2022. In general, exports showed a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 92% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Frozen Domestic Ducks, Not Cut in Pieces in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 276 | 213 | 459 | 424 | 15.4% |
| Malaysia | 2.8 | 27.5 | 33.1 | 203 | 317.0% |
| Sri Lanka | 96.4 | 1.7 | N/A | 32.8 | -30.2% |
| Timor-Leste | 5.3 | 14.9 | 52.7 | 26.9 | 71.9% |
| Maldives | 66.2 | 33.5 | 34.8 | 13.0 | -41.9% |
| Others | 13.1 | 12.4 | 4.1 | 3.8 | -33.8% |
| Total | 460 | 303 | 583 | 703 | 15.2% |
Top Export Markets for Frozen Domestic Ducks, Not Cut in Pieces from Singapore in 2022:
- Indonesia (240.5 tons)
- Malaysia (142.8 tons)
- Timor-Leste (6.2 tons)
- Sri Lanka (4.5 tons)
- Maldives (3.2 tons)
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