Pig offal market in Singapore

Earlier Report Observations

From 2018 to 2020, the pig offal market in Singapore contracted by 13%, falling from 5 208 t to 4 513 t. Early in the period, occasional fresh pork shortages occurred as the Singapore Pork Merchants’ Association halted slaughtering and sales due to disputes over state levies. By 2020, conscious consumption trends doubled, with plant-based meat alternatives gaining ground and a major local manufacturer planning a production facility for such products, which reduced demand for traditional pork offal.

Market volume recovered to 4 784 t in 2021, aided by a sharp drop in exports. The following year, Singapore's economy grew by 3.6%, labor market conditions improved, and consumer spending increased, driving up imports of pig offal and lifting the total market size by 15% to 5 500 t in 2022.

In 2023, domestic production of pig offal plummeted by 51% to 741 t. Although imports rose, the steep decline in local output pulled the overall market volume down to 5 070 t, an 8% decrease from the previous year.

Production pig offal in Singapore

In kind, 2017-2020, t

Top producers of pig offal, 2017-2020

World map of production of pig offal, 2017-2020

Pig offal production in Singapore has increased for the second consecutive year. In 2020, Singapore produced 1 678 tonnes of pig offal, representing a 21.1% increase from the previous year. Over the period from 2017 to 2020, production grew by 32.9%, with a compound annual growth rate of 9.9%. The lowest production level was recorded in 2018 at 1 195 tonnes, which also saw the largest decline of 5.4%.

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

In value, 2017-2020, K $ US

In 2020, the value of pig offal output in Singapore was 3 586 thousand US dollars, showing a moderate decrease of 4.6% compared to 2019. From 2017 to 2020, production value declined by 20.4%, with a compound annual growth rate of -7.3%. The largest decline occurred in 2018 at 17.6%, while the largest increase was recorded in 2019 at 1.2%.

Annual dynamics of production in Singapore in value, 2017-2020, K $ US

Exports pig offal from Singapore

Exports in kind, t

The data shows irregular changes, indicating a volatile market environment. Singapore's volume of pig offal exports reached 915 tonnes in 2020, marking a 30.1% improvement from the previous year. The lowest export volume was recorded in 2018 at 126 tonnes, which also saw the largest decline of 7.7%. The largest increase occurred in 2019 at 459.3%. Between the minimum in 2018 and the maximum in 2020, exports varied by a factor of 7.3.

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

From 2017 to 2020, Malaysia and Indonesia dominated Singapore's pig offal exports in kind, together accounting for 85.3% of total flows, with other destinations making smaller individual contributions.

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, pointing to a volatile market environment. In 2020, Singapore exported 1 954 thousand US dollars worth of pig offal, showing a modest advance of 2.5% year-over-year. The lowest export value was recorded in 2018 at 390 thousand US dollars, which also experienced the largest decline of 19.6%. The largest increase occurred in 2019 at 388.4%. From the trough in 2018 to the peak in 2020, exports changed by a factor of 5.

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

Over the period from 2017 to 2020, Malaysia, Indonesia, and Hong Kong were the primary buyers of pig offal from Singapore in value terms. Malaysia accounted for 56.6% of exports, Indonesia for 22.3%, and Hong Kong for 8.8%, jointly representing 87.7% of total export value.

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

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

Imports pig offal to Singapore

Imports in kind, t

After a two-year increase, Singapore's volume of pig offal imports declined. In 2020, Singapore imported approximately 3 749 tonnes of pig offal, which is 15.3% lower than the previous year. From 2017 to 2020, imports increased by 2.2%, with a compound annual growth rate of 0.7%. The highest import volume was recorded in 2019 at 4 428 tonnes, while the largest increase occurred in 2018 at 12.9%.

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

From 2017 to 2020, Australia, New Zealand, and Ireland were the primary suppliers of pig offal to Singapore in kind. Australia accounted for 39.9% of imports, New Zealand for 14.8%, and Ireland for 8.1%, together making up 62.8% of total import volume.

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 market exhibited an unstable trend throughout the timeframe. In 2020, Singapore imported approximately 11 903 thousand US dollars worth of pig offal, amounting to a robust decline of 20.5% year-over-year. The highest import value was recorded in 2018 at 21 027 thousand US dollars, which also saw the largest increase of 74.7%. The largest decline occurred in 2019 at 28.8%. From the peak in 2018 to the trough in 2020, imports differed by a factor of 1.8.

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

Throughout 2017 to 2020, Australia, New Zealand, and the United States remained the key sources for Singapore's pig offal imports in value terms. Australia accounted for 41.1% of imports, New Zealand for 13.3%, and the United States for 11.8%, together taking 66.2% of total import value.

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

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