Singapore - Fresh Or Chilled Whole Turkeys - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Fresh or Chilled Whole Turkey in Singapore - 2022
Contents:
- Price for Fresh or Chilled Whole Turkey in Singapore (FOB) - 2022
- Price for Fresh or Chilled Whole Turkey in Singapore (CIF) - 2022
- Exports of Fresh or Chilled Whole Turkey in Singapore
- Imports of Fresh or Chilled Whole Turkey in Singapore
Price for Fresh or Chilled Whole Turkey in Singapore (FOB) - 2022
The average export price for fresh or chilled whole turkeys stood at $3,244 per ton in 2022, with a decrease of -31.7% against the previous year. Over the period under review, the export price saw a mild slump. The pace of growth was the most pronounced in 2021 when the average export price increased by 28% against the previous year. As a result, the export price attained the peak level of $4,749 per ton, and then shrank remarkably in the following year.
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 Myanmar ($5,567 per ton), while the average price for exports to Indonesia stood at $3,199 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fresh or Chilled Whole Turkey in Singapore (CIF) - 2022
The average import price for fresh or chilled whole turkeys stood at $4,463 per ton in 2022, with a decrease of -2.1% against the previous year. In general, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fresh or chilled whole turkey import price increased by +72.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 67% against the previous year. The import price peaked at $4,557 per ton in 2021, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($20,846 per ton), while the price for the United States amounted to $3,948 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+15.5%).
Exports of Fresh or Chilled Whole Turkey in Singapore
After two years of decline, shipments abroad of fresh or chilled whole turkeys increased by 168% to 3.2 tons in 2022. Overall, exports, however, saw a abrupt slump.
In value terms, fresh or chilled whole turkey exports skyrocketed to $10K in 2022. Over the period under review, exports, however, saw a abrupt decrease.
Export of Fresh or Chilled Whole Turkey in Singapore (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 0.5 | 0.5 | 0.4 | 9.9 | 170.5% |
Myanmar | N/A | N/A | N/A | 0.3 | 0% |
Brunei Darussalam | 13.3 | 9.7 | 5.2 | N/A | -37.5% |
Others | 0.2 | 0.1 | 0.1 | N/A | -29.3% |
Total | 13.9 | 10.3 | 5.6 | 10.3 | -9.5% |
Top Export Markets for Fresh or Chilled Whole Turkey from Singapore in 2022:
- Indonesia (3.1 tons)
- Myanmar (0.1 tons)
Imports of Fresh or Chilled Whole Turkey in Singapore
In 2022, after two years of decline, there was significant growth in overseas purchases of fresh or chilled whole turkeys, when their volume increased by 12% to 423 kg. Overall, imports, however, faced a dramatic descent.
In value terms, fresh or chilled whole turkey imports expanded sharply to $1.9K in 2022. In general, imports, however, recorded a sharp downturn.
Import of Fresh or Chilled Whole Turkey in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 7.6 | 1.7 | 1.5 | 1.6 | -40.5% |
United Kingdom | 1.1 | 0.3 | 0.2 | 0.3 | -35.2% |
Others | 1.2 | N/A | N/A | N/A | 0% |
Total | 9.9 | 2.1 | 1.7 | 1.9 | -42.3% |
Top Suppliers of Fresh or Chilled Whole Turkey to Singapore in 2022:
- United States (405.0 kg)
- United Kingdom (13.0 kg)
This report provides an in-depth analysis of the market for fresh or chilled whole turkey in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10121020 - Fresh or chilled whole turkeys
Country coverage:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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