Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Singapore - 2022
Contents:
- Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Singapore (CIF) - 2022
- Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Singapore
Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Singapore (CIF) - 2022
In 2022, the average import price for swine; live, (other than pure-bred breeding animals), weighing 50kg or more amounted to $213 per unit, growing by 10% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 12% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($262 per unit), while the price for Indonesia stood at $194 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+0.9%).
Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Singapore
Imports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more into Singapore stood at 427K units in 2022, flattening at 2021. The total import volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 35%. As a result, imports reached the peak of 523K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more rose sharply to $91M in 2022. The total import value increased at an average annual rate of +6.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 35%. As a result, imports attained the peak of $101M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 60.7 | 75.5 | 55.9 | 58.8 | -1.1% |
| Malaysia | 13.7 | 25.2 | 26.4 | 32.2 | 33.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 74.4 | 101 | 82.3 | 91.0 | 6.9% |
Top Suppliers of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More to Singapore in 2022:
- Indonesia (303.7K units)
- Malaysia (122.9K units)
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