Price for Swine; Live, Pure-Bred Breeding Animals in Singapore - 2022

Price for Swine; Live, Pure-Bred Breeding Animals in Singapore (CIF) - 2022

In 2022, the average import price for swine; live, pure-bred breeding animalses amounted to $1,777 per unit, picking up by 9% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 54%. Over the period under review, average import prices reached the peak figure at $1,990 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +0.3% per year.

Imports of Swine; Live, Pure-Bred Breeding Animals in Singapore

In 2022, swine; live, pure-bred breeding animals imports into Singapore soared to 7 units, with an increase of 17% compared with the previous year. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.5% 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 +75.0% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 25% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, swine; live, pure-bred breeding animals imports skyrocketed to $12K in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.