Singapore: Animal Guts Market 2025

Animal Guts Market Size in Singapore

In 2022, the Singaporean animal guts market increased by 8.1% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. Animal guts consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Animal Guts Production in Singapore

In value terms, animal guts production fell to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 31% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Animal Guts Exports

Exports from Singapore

In 2022, shipments abroad of guts, bladders and stomachs of animals decreased by -2.2% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2019 when exports increased by 459% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, animal guts exports declined to $X in 2022. In general, exports faced a deep contraction. The pace of growth was the most pronounced in 2013 with an increase of 427%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Indonesia (X tons) was the main destination for animal guts exports from Singapore, accounting for a 63% share of total exports. Moreover, animal guts exports to Indonesia exceeded the volume sent to the second major destination, Malaysia (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume to Indonesia stood at +2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+5.5% per year) and Brunei Darussalam (+13.8% per year).

In value terms, Indonesia ($X) remains the key foreign market for guts, bladders and stomachs of animals exports from Singapore, comprising 62% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 27% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Indonesia totaled -1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+3.0% per year) and Brunei Darussalam (+11.6% per year).

Export Prices by Country

The average animal guts export price stood at $X per ton in 2022, shrinking by -6.7% against the previous year. Overall, the export price saw a pronounced slump. The pace of growth was the most pronounced in 2021 when the average export price increased by 20% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, 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 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (-2.0%), while the prices for the other major destinations experienced a decline.

Animal Guts Imports

Imports into Singapore

In 2022, supplies from abroad of guts, bladders and stomachs of animals increased by 24% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 32% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, animal guts imports surged to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 43%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Australia (X tons), New Zealand (X tons) and Finland (X tons) were the main suppliers of animal guts imports to Singapore, with a combined 57% share of total imports. Spain, Brazil, Denmark, Ireland, France, the United States, Sweden and Chile lagged somewhat behind, together comprising a further 39%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +43.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), New Zealand ($X) and Spain ($X) constituted the largest animal guts suppliers to Singapore, with a combined 54% share of total imports.

Among the main suppliers, Spain, with a CAGR of +47.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average animal guts import price amounted to $X per ton, reducing by -4% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 9.4%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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