Price for Poultry; Live, Guinea Fowls, Weighing Not More than 185g in Singapore - 2022

Contents:

1. Price for Poultry; Live, Guinea Fowls, Weighing Not More than 185g in Singapore (CIF) - 2022
2. Imports of Poultry; Live, Guinea Fowls, Weighing Not More than 185g in Singapore

Price for Poultry; Live, Guinea Fowls, Weighing Not More than 185g in Singapore (CIF) - 2022

The average import price for poultry; live, guinea fowls, weighing not more than 185g meat stood at $0.5 per unit in 2022, which is down by -4.6% against the previous year. In general, the import price saw a deep setback. The pace of growth was the most pronounced in 2018 an increase of 2.2%. As a result, import price attained the peak level of $0.9 per unit. From 2019 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Malaysia.

From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to -6.2% per year.

Imports of Poultry; Live, Guinea Fowls, Weighing Not More than 185g in Singapore

In 2022, imports of poultry; live, guinea fowls, weighing not more than 185g meat into Singapore dropped notably to 888K units, falling by -22.1% against the year before. The total import volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 41% against the previous year. As a result, imports reached the peak of 1.1M units, and then reduced notably in the following year.

In value terms, imports of poultry; live, guinea fowls, weighing not more than 185g meat fell rapidly to $436K in 2022. Overall, imports continue to indicate a abrupt setback. The smallest decline of -5.4% was in 2020. Over the period under review, imports of reached the maximum at $779K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Poultry; Live, Guinea Fowls, Weighing Not More than 185g to Singapore in 2022:

1. Malaysia (888.5K units)

Source: IndexBox Market Intelligence Platform