Singapore: Fresh Chicken Cut Market 2025

Fresh Chicken Cut Market Size in Singapore

The Singaporean fresh chicken cut market stood at $X in 2021, standing approx. at the previous year. In general, consumption enjoyed strong growth. Fresh chicken cut consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Fresh Chicken Cut Production in Singapore

In value terms, fresh chicken cut production reduced slightly to $X in 2021 estimated in export price. Over the period under review, production showed resilient growth. The growth pace was the most rapid in 2018 with an increase of 72%. Over the period under review, production reached the peak level at $X in 2020, and then shrank slightly in the following year.

Fresh Chicken Cut Exports

Exports from Singapore

In 2021, overseas shipments of fresh or chilled cuts of chicken increased by 6.3% to X tons, rising for the fifth year in a row after four years of decline. Overall, exports, however, showed a perceptible shrinkage. The growth pace was the most rapid in 2020 with an increase of 79% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, fresh chicken cut exports declined to $X in 2021. Over the period under review, exports enjoyed strong growth. The most prominent rate of growth was recorded in 2020 when exports increased by 238% against the previous year. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

Timor-Leste (X tons), Malaysia (X kg) and Cambodia (X kg) were the main destinations of fresh chicken cut exports from Singapore, with a combined 88% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Timor-Leste (with a CAGR of +56.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Timor-Leste ($X) emerged as the key foreign market for fresh or chilled cuts of chicken exports from Singapore, comprising 46% of total exports. The second position in the ranking was taken by Maldives ($X), with an 18% share of total exports. It was followed by Cambodia, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Timor-Leste amounted to +108.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (+44.3% per year) and Cambodia (0.0% per year).

Export Prices by Country

In 2021, the average fresh chicken cut export price amounted to $X per ton, which is down by -13.5% against the previous year. Over the period under review, the export price, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2020 an increase of 89% against the previous year. As a result, the export price attained the peak level of $X per ton, and then declined in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Brunei Darussalam ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+819.0%), while the prices for the other major destinations experienced more modest paces of growth.

Fresh Chicken Cut Imports

Imports into Singapore

In 2021, overseas purchases of fresh or chilled cuts of chicken increased by 19% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, recorded a noticeable curtailment. The growth pace was the most rapid in 2014 when imports increased by 135% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, fresh chicken cut imports fell remarkably to $X in 2021. Overall, imports, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2018 when imports increased by 91% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest fresh chicken cut supplier to Singapore, accounting for a 73% share of total imports. Moreover, fresh chicken cut imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), fourfold. The third position in this ranking was taken by Thailand (X tons), with a 3.1% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands stood at +137.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-18.8% per year) and Thailand (+70.4% per year).

In value terms, the largest fresh chicken cut suppliers to Singapore were Malaysia ($X), the Netherlands ($X) and Thailand ($X), with a combined 73% share of total imports.

Thailand, with a CAGR of +93.2%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average fresh chicken cut import price amounted to $X per ton, dropping by -37.6% against the previous year. In general, the import price recorded a deep downturn. The growth pace was the most rapid in 2015 when the average import price increased by 32%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Thailand ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+13.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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