
Germany - Fresh Or Chilled Whole Chickens - Market Analysis, Forecast, Size, Trends And Insights
Germany's Fresh Whole Chicken Price Rises 6% to $3,804 per Ton
Germany Fresh Whole Chicken Import Price in September 2022
In September 2022, the fresh whole chicken price stood at $3,804 per ton (CIF, Germany), surging by 5.7% against the previous month. Over the period from January 2022 to September 2022, it increased at an average monthly rate of +2.4%. The growth pace was the most rapid in March 2022 when the average import price increased by 8.5% against the previous month. Over the period under review, average import prices reached the maximum at $3,902 per ton in July 2022; however, from August 2022 to September 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was France ($6,502 per ton), while the price for Belgium ($2,782 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Denmark (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Germany Fresh Whole Chicken Imports
In September 2022, fresh whole chicken imports into Germany fell notably to 3.5K tons, which is down by -29.1% on the month before. Overall, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in March 2022 with an increase of 64% against the previous month. As a result, imports reached the peak of 6.6K tons. From April 2022 to September 2022, the growth of imports failed to regain momentum.
In value terms, fresh whole chicken imports contracted rapidly to $13M (IndexBox estimates) in September 2022. In general, imports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in March 2022 with an increase of 77% m-o-m. As a result, imports attained the peak of $22M. From April 2022 to September 2022, the growth of imports remained at a somewhat lower figure.
Germany Fresh Whole Chicken Imports by Country
Austria (1.2K tons), the Netherlands (804 tons) and Italy (516 tons) were the main suppliers of fresh whole chicken imports to Germany, together accounting for 72% of total imports.
From January 2022 to September 2022, the biggest increases were in Italy (with a CAGR of +9.3%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest fresh whole chicken suppliers to Germany were Austria ($4.7M), France ($2.5M) and the Netherlands ($2.5M), together accounting for 72% of total imports. These countries were followed by Italy, Denmark, the Czech Republic and Belgium, which together accounted for a further 26%.
In terms of the main suppliers, Italy, with a CAGR of +12.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Factors Affecting Fresh Whole Chicken Prices
Fresh whole chicken prices in Germany have been on the rise in recent years, due to a variety of factors. One of the main drivers of this price increase has been the increasing cost of feed. The chicken feed consists mostly of corn and soybeans, both of which have seen sharp price increases in recent years. This is due to a variety of factors including droughts in key producing regions, increased demand from China, and speculation by investors. These higher feed costs have been passed on to consumers in the form of higher chicken prices.
Other factors that have contributed to rising chicken prices include tighter EU regulations on antibiotic use, which have led to higher production costs, and avian influenza outbreaks, which have led to reduced poultry production.
This report provides an in-depth analysis of the fresh whole chicken market in Germany. 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.
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