Global Duck and Goose Meat Market to Keep Growing, Driven by Strong Demand in Asia

IndexBox has just published a new report: 'World - Duck And Goose Meat - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

The global duck and goose meat market revenue amounted to $X in 2018. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price).

The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.

The most prominent rate of growth was recorded in 2011 when the market value increased by X% y-o-y. The global duck and goose meat consumption peaked at $X in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Consumption By Country

China (X tonnes) remains the largest duck and goose meat consuming country worldwide, accounting for X% of total consumption. Moreover, duck and goose meat consumption in China exceeded the figures recorded by the world's second-largest consumer, France (X tonnes), more than tenfold. The third position in this ranking was occupied by Myanmar (X tonnes), with a X% share.

In China, duck and goose meat consumption increased at an average annual rate of +X% over the period from 2007-2018. The remaining consuming countries recorded the following average annual rates of consumption growth: France (-X% per year) and Myanmar (+X% per year).

In value terms, China ($X) led the market, alone. The second position in the ranking was occupied by France ($X). It was followed by Myanmar.

The countries with the highest levels of duck and goose meat per capita consumption in 2018 were Taiwan, Chinese (X kg per X persons), China (X kg per X persons) and Myanmar (X kg per X persons).

From 2007 to 2018, the most notable rate of growth in terms of duck and goose meat per capita consumption, amongst the main consuming countries, was attained by Myanmar, while the other global leaders experienced more modest paces of growth.

Market Forecast 2019-2025

Driven by increasing demand for duck and goose meat worldwide, the market is expected to continue an upward consumption trend over the next seven years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +X% for the seven-year period from 2018 to 2025, which is projected to bring the market volume to X tonnes by the end of 2025.

Production 2007-2018

In 2018, the global duck and goose meat production amounted to X tonnes, surging by X% against the previous year. The total output volume increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y.

Over the period under review, global duck and goose meat production attained its maximum volume in 2018 and is expected to retain its growth in the immediate term. The general positive trend in terms of duck and goose meat output was largely conditioned by a slight increase of the number of producing animals and a relatively flat trend pattern in yield figures.

Production By Country

The country with the largest volume of duck and goose meat production was China (X tonnes), accounting for X% of total production. Moreover, duck and goose meat production in China exceeded the figures recorded by the world's second-largest producer, France (X tonnes), more than tenfold. Myanmar (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2018, the average annual growth rate of volume in China stood at +X%. The remaining producing countries recorded the following average annual rates of production growth: France (-X% per year) and Myanmar (+X% per year).

Producing Animals 2007-2018

In 2018, approx. X heads of ducks and gooses were slaughtered worldwide; jumping by X% against the previous year. This number increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 when the number of producing animals increased by X% year-to-year.

Yield 2007-2018

In 2018, the global average yield of duck and goose meat production amounted to X tonne per head, therefore, remained relatively stable against the previous year. Over the period under review, the yield, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. In that year, the average duck and goose meat yield attained its peak level of X tonne per head. From 2014 to 2018, the growth of the average yield remained at a somewhat lower figure.

Exports 2007-2018

In 2018, the amount of duck and goose meat exported worldwide stood at X tonnes. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. In that year, global duck and goose meat exports reached their peak and are likely to continue its growth in the immediate term.

In value terms, duck and goose meat exports totaled $X (IndexBox estimates) in 2018. The total export value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. In that year, global duck and goose meat exports reached their peak of $X. From 2012 to 2018, the growth of global duck and goose meat exports remained at a somewhat lower figure.

Exports by Country

In 2018, Hungary (X tonnes), China, Hong Kong SAR (X tonnes), France (X tonnes), Poland (X tonnes) and China (X tonnes) represented the key exporters of duck and goose meat in the world, generating X% of total export. Bulgaria (X tonnes), the Netherlands (X tonnes), Germany (X tonnes), the UK (X tonnes) and Thailand (X tonnes) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by China, Hong Kong SAR, while the other global leaders experienced more modest paces of growth.

In value terms, the largest duck and goose meat markets worldwide were Hungary ($X), France ($X) and Poland ($X), together accounting for X% of global exports. China, Hong Kong SAR, Bulgaria, China, the Netherlands, Germany, Thailand and the UK lagged somewhat behind, together comprising a further X%.

China, Hong Kong SAR recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven-year period, while the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average duck and goose meat export price amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the duck and goose meat export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% against the previous year. In that year, the average export prices for duck and goose meat attained their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the average export prices for duck and goose meat remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Bulgaria ($X per tonne), while China ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Thailand, while the other global leaders experienced more modest paces of growth.

Imports 2007-2018

In 2018, approx. X tonnes of duck and goose meat were imported worldwide. In general, duck and goose meat imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, global duck and goose meat imports reached their peak figure at X tonnes in 2017, and then declined slightly in the following year.

In value terms, duck and goose meat imports totaled $X (IndexBox estimates) in 2018. In general, duck and goose meat imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. In that year, global duck and goose meat imports attained their peak of $X. From 2012 to 2018, the growth of global duck and goose meat imports failed to regain its momentum.

Imports by Country

Germany (X tonnes) and Taiwan, Chinese (X tonnes) represented roughly X% of total imports of duck and goose meat in 2018. France (X tonnes) occupied the next position in the ranking, followed by the UK (X tonnes). All these countries together held approx. X% share of total imports. The following importers - Spain (X tonnes), China, Hong Kong SAR (X tonnes), Denmark (X tonnes), the Netherlands (X tonnes), Belgium (X tonnes), Japan (X tonnes), Vietnam (X tonnes) and the Czech Republic (X tonnes) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Taiwan, Chinese (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported duck and goose meat worldwide, comprising X% of global imports. The second position in the ranking was occupied by France ($X), with a X% share of global imports. It was followed by Taiwan, Chinese, with a X% share.

In Germany, duck and goose meat imports plunged by an average annual rate of -X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: France (-X% per year) and Taiwan, Chinese (+X% per year).

Import Prices by Country

In 2018, the average duck and goose meat import price amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, the duck and goose meat import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 an increase of X% against the previous year. In that year, the average import prices for duck and goose meat reached their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the average import prices for duck and goose meat remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Belgium ($X per tonne), while Taiwan, Chinese ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform