Thailand - Duck And Goose Meat - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Thailand - Duck And Goose Meat - Market Analysis, Forecast, Size, Trends and Insights

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Price for Duck and Goose Meat in Thailand - 2023

Contents:

  1. Price for Duck and Goose Meat in Thailand (FOB) - 2023
  2. Price for Duck and Goose Meat in Thailand (CIF) - 2022
  3. Exports of Duck and Goose Meat in Thailand
  4. Imports of Duck and Goose Meat in Thailand

Price for Duck and Goose Meat in Thailand (FOB) - 2023

In September 2023, the average duck and goose meat export price amounted to $4,554 per ton, approximately mirroring the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in January 2023 an increase of 11% m-o-m. Over the period under review, the average export prices attained the peak figure in September 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($4,964 per ton), while the average price for exports to Singapore ($1,011 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Duck and Goose Meat in Thailand (CIF) - 2022

In 2022, the average duck and goose meat import price amounted to $24,377 per ton, picking up by 15% against the previous year. Over the period under review, the import price recorded a prominent increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 242% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($26,157 per ton), while the price for France totaled $22,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+52.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Duck and Goose Meat in Thailand

In 2022, the amount of duck and goose meat exported from Thailand skyrocketed to 7.8K tons, with an increase of 29% compared with the year before. The total export volume increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, duck and goose meat exports skyrocketed to $27M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Duck and Goose Meat in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan16.815.814.019.75.5%
SerbiaN/AN/AN/A3.80%
Singapore0.30.20.41.049.4%
United Arab EmiratesN/AN/A0.80.7-12.5%
South Africa0.40.20.40.57.7%
Cambodia0.80.40.30.2-37.0%
South Korea0.60.10.10.1-45.0%
ChinaN/A0.60.2N/A-66.7%
Lao People's Democratic Republic0.90.30.1N/A-66.7%
Others0.70.60.71.116.3%
Total20.618.116.927.19.6%

Top Export Markets for Duck and Goose Meat from Thailand in 2022:

  1. Japan (5452.4 tons)
  2. Serbia (1139.4 tons)
  3. Singapore (348.4 tons)
  4. United Arab Emirates (221.9 tons)
  5. South Africa (183.3 tons)
  6. Cambodia (157.3 tons)
  7. South Korea (19.0 tons)
  8. Lao People's Democratic Republic (2.3 tons)

Imports of Duck and Goose Meat in Thailand

In 2022, supplies from abroad of duck and goose meat decreased by -70.9% to 28 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 3.7% against the previous year. As a result, imports reached the peak of 162 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, duck and goose meat imports reduced remarkably to $681K in 2022. In general, imports continue to indicate a precipitous slump. The smallest decline of -12.1% was in 2020.

Import of Duck and Goose Meat in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary1,9901,453976419-40.5%
France8135951,064262-31.4%
BelgiumN/A312N/AN/A0%
EgyptN/A28.0N/AN/A0%
Others3764070.30.1-93.6%
Total3,1792,7952,041681-40.2%

Top Suppliers of Duck and Goose Meat to Thailand in 2022:

  1. Hungary (16.0 tons)
  2. France (11.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for duck and goose meat in Thailand. 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.

Product coverage:

  • FCL 1069 - Duck meat
  • FCL 1073 - Goose meat

Country coverage:

  • Thailand

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Thailand
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, PRODUCING ANIMALS AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Producing Animals Slaughtered, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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