Non-rendered pig fat free of lean meat market in Singapore

Earlier Report Observations

The market for non-rendered pig fat in Singapore experienced significant shifts between 2018 and 2020. After reaching 3 833 t in 2019, the volume dropped to 2 601 t in 2020. This contraction occurred alongside Singapore's landmark approval of cultivated chicken meat for sale, a regulatory milestone that introduced alternative proteins and likely reduced interest in conventional animal fats.

A regionalisation agreement with Germany in 2021, which allowed pig meat imports from regions free of African Swine Fever, greatly improved supply access and helped push market volume to 4 197 t that year. The market then stabilized near 4 100 t in 2022 as the Singapore Food Agency enacted a regulatory framework for insect-based foods, further expanding protein alternatives. By 2023, volume rose slightly to 4 242 t, supported by sustained high levels of pig fat imports.

The regulatory environment continued to evolve in 2024 with the introduction of the Food Safety and Security Bill. This legislation streamlines food safety assessments and removes prior country-of-origin restrictions for most meat imports, potentially influencing future market dynamics.

Production non-rendered pig fat free of lean meat in Singapore

In kind, 2017-2020, t

Top producers of non-rendered pig fat free of lean meat, 2017-2020

World map of production of non-rendered pig fat free of lean meat, 2017-2020

Singapore's production of non-rendered pig fat free of lean meat has increased for the second consecutive year. In 2020, the country produced 1 373 tonnes, marking a 21.1% rise compared to the previous year. Over the period from 2017 to 2020, production grew by 32.9%, with an average annual growth rate of 9.9%. The lowest production level was recorded in 2018 at 978 tonnes, which also saw the largest decline of 5.4%.

Annual dynamics of production in Singapore in kind, 2017-2020, t

Exports non-rendered pig fat free of lean meat from Singapore

Exports in kind, t

The export market displayed an unstable trend throughout the observed period. The lowest exports were recorded in 2019 at just 1 tonne, while the highest reached 148 tonnes in 2020, reflecting a 112-fold difference between these years. In 2020, Singapore's exports of non-rendered pig fat free of lean meat surged by 11 115.9% compared to 2019. The largest decline occurred in 2019, with a drop of 52.0%.

Annual dynamics of product's exports from Singapore in kind, 2017-2020, t

From 2017 to 2020, the main markets for Singapore's exports in kind were Spain, accounting for 46.5% of exports, Canada with 31.7%, and Malaysia at 16.2%. Together, these three countries formed a dominant cluster, representing 94.5% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Singapore in kind, 2017-2020

Exports in value, K $ US

The data reveals irregular changes, indicating a volatile market environment. Export values fluctuated significantly, with a 73-fold gap between the low of 2019 at 3 thousand US dollars and the high of 2020 at 183 thousand US dollars. In 2020, Singapore's exports of non-rendered pig fat free of lean meat amounted to 183 thousand US dollars, which is 7 207.5% higher than in 2019. The largest decline was recorded in 2019, with a decrease of 39.1%.

Annual dynamics of product's exports from Singapore in value, 2017-2020, K $ US

In the period from 2017 to 2020, the primary markets for Singapore's exports in value terms were Spain, contributing 42.2% of exports, Canada with 37.5%, and Malaysia at 13.2%. Collectively, these three markets accounted for 92.9% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Singapore in value, 2017-2020

Imports non-rendered pig fat free of lean meat to Singapore

Imports in kind, t

The import market showed signs of volatility over the observed period. The lowest imports were in 2017, while the peak was reached in 2019 at 2 700 tonnes, with a 2.3-fold difference between these years. In 2020, Singapore's imports of non-rendered pig fat free of lean meat totaled 1 376 tonnes, representing a sharp decline of 49.0% compared to 2019. The largest increase occurred in 2018, with a rise of 75.9%.

Annual dynamics of product's imports to Singapore in kind, 2017-2020, t

From 2017 to 2020, the principal sources for Singapore's imports in kind were Spain, accounting for 22.8% of imports, the Netherlands with 20.9%, and Canada at 14.7%. Together, these three countries accounted for 58.4% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Singapore in kind, 2017-2020

Imports in value, K $ US

The import market exhibited volatility during the observed period. The lowest import value was in 2017, while the peak was in 2019 at 3 911 thousand US dollars, showing a 3.4-fold fluctuation. In 2020, Singapore's imports of non-rendered pig fat free of lean meat amounted to 2 064 thousand US dollars, indicating an abrupt loss of 47.2% compared to the previous year. The largest increase was recorded in 2019, with a surge of 105.6%.

Annual dynamics of product's imports to Singapore in value, 2017-2020, K $ US

Throughout 2017 to 2020, the key partners for Singapore's imports in value terms were Spain, representing 23.9% of imports, the Netherlands with 18.0%, and Canada at 17.0%. Together, these three partners accounted for 59.0% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Singapore in value, 2017-2020