Price for Frozen Cuts and Edible Offal of Domestic Ducks in Germany - 2023

Contents:

1. Price for Frozen Cuts and Edible Offal of Domestic Ducks in Germany (CIF) - 2023
2. Price for Frozen Cuts and Edible Offal of Domestic Ducks in Germany (FOB) - 2023
3. Imports of Frozen Cuts and Edible Offal of Domestic Ducks in Germany
4. Exports of Frozen Cuts and Edible Offal of Domestic Ducks in Germany

Price for Frozen Cuts and Edible Offal of Domestic Ducks in Germany (CIF) - 2023

In August 2023, the average import price for frozen cuts and edible offal of domestic duckses amounted to $7,353 per ton, waning by -8.4% against the previous month. Overall, import price indicated a pronounced expansion from August 2022 to August 2023: its price increased at an average monthly rate of +3.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, import price for frozen cuts and edible offal of domestic duckses decreased by -8.4% against July 2023 indices. The growth pace was the most rapid in May 2023 when the average import price increased by 51% against the previous month. Over the period under review, average import prices hit record highs at $8,348 per ton in October 2022; however, from November 2022 to August 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Austria ($14,517 per ton), while the price for Hungary ($1,477 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+52.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Frozen Cuts and Edible Offal of Domestic Ducks in Germany (FOB) - 2023

The average export price for frozen cuts and edible offal of domestic duckses stood at $11,284 per ton in October 2023, picking up by 43% against the previous month. Over the period under review, the export price continues to indicate a measured increase. The pace of growth appeared the most rapid in December 2022 an increase of 74% against the previous month. Over the period under review, the average export prices attained the maximum at $14,670 per ton in May 2023; however, from June 2023 to October 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Switzerland ($55,892 per ton), while the average price for exports to the UK ($4,520 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Cuts and Edible Offal of Domestic Ducks in Germany

In 2022, imports of frozen cuts and edible offal of domestic duckses into Germany reduced notably to 7.6K tons, which is down by -34% on the previous year. Overall, imports saw a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 32% against the previous year. As a result, imports attained the peak of 11K tons, and then declined remarkably in the following year.

In value terms, imports of frozen cuts and edible offal of domestic duckses dropped remarkably to $45M in 2022. In general, imports continue to indicate a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 26% against the previous year. As a result, imports reached the peak of $61M, and then fell rapidly in the following year.

Top Suppliers of Frozen Cuts and Edible Offal of Domestic Ducks to Germany in 2022:

1. France (2745.3 tons)
2. Poland (2504.2 tons)
3. Hungary (759.5 tons)
4. Netherlands (507.8 tons)
5. Bulgaria (318.3 tons)
6. Austria (302.0 tons)
7. Portugal (115.2 tons)
8. Czech Republic (90.1 tons)

Exports of Frozen Cuts and Edible Offal of Domestic Ducks in Germany

In 2022, the amount of frozen cuts and edible offal of domestic duckses exported from Germany reduced to 1.8K tons, which is down by -15% against the previous year. Over the period under review, exports showed a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 35%.

In value terms, exports of frozen cuts and edible offal of domestic duckses declined slightly to $11M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 85%. As a result, the exports attained the peak of $11M, and then shrank in the following year.

Top Export Markets for Frozen Cuts and Edible Offal of Domestic Ducks from Germany in 2022:

1. France (701.5 tons)
2. Italy (188.9 tons)
3. Austria (181.7 tons)
4. Netherlands (159.3 tons)
5. Ireland (133.7 tons)
6. Czech Republic (48.7 tons)
7. United Kingdom (36.2 tons)
8. Denmark (24.0 tons)
9. Poland (19.7 tons)
10. Hong Kong SAR (8.5 tons)
11. Vietnam (7.1 tons)

Source: IndexBox Market Intelligence Platform