Price for Frozen Cuts and Edible Offal of Domestic Ducks in Thailand - 2024
Contents:
- Price for Frozen Cuts and Edible Offal of Domestic Ducks in Thailand (FOB) - 2024
- Price for Frozen Cuts and Edible Offal of Domestic Ducks in Thailand (CIF) - 2023
- Exports of Frozen Cuts and Edible Offal of Domestic Ducks in Thailand
- Imports of Frozen Cuts and Edible Offal of Domestic Ducks in Thailand
Price for Frozen Cuts and Edible Offal of Domestic Ducks in Thailand (FOB) - 2024
In January 2024, the average export price for frozen cuts and edible offal of domestic duckses amounted to $5,683 per ton, rising by 22% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in August 2023 when the average export price increased by 27% against the previous month. The export price peaked at $6,524 per ton in November 2023; however, from December 2023 to January 2024, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($7,303 per ton), while the average price for exports to Cambodia ($1,300 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Frozen Cuts and Edible Offal of Domestic Ducks in Thailand (CIF) - 2023
In December 2023, the average import price for frozen cuts and edible offal of domestic duckses amounted to $54,040 per ton, with an increase of 17% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $59,104 per ton in August 2023; however, from September 2023 to December 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Hungary.
From December 2022 to December 2023, the rate of growth in terms of prices for Hungary amounted to +0.4% per month.
Exports of Frozen Cuts and Edible Offal of Domestic Ducks in Thailand
In 2022, shipments abroad of frozen cuts and edible offal of domestic duckses increased by 19% to 2.8K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a drastic downturn.
In value terms, exports of frozen cuts and edible offal of domestic duckses skyrocketed to $13M in 2022. Over the period under review, exports, however, showed a noticeable downturn.
| Export of Frozen Cuts and Edible Offal of Domestic Ducks in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 12.2 | 9.0 | 7.0 | 11.5 | -2.0% |
| Singapore | 0.2 | 0.1 | 0.2 | 0.6 | 44.2% |
| Hong Kong SAR | 0.1 | 0.2 | 0.3 | 0.3 | 44.2% |
| Cambodia | 0.8 | 0.4 | 0.3 | 0.2 | -37.0% |
| South Korea | 0.6 | 0.1 | N/A | N/A | -83.3% |
| China | N/A | 0.6 | 0.2 | N/A | -66.7% |
| Lao People's Democratic Republic | 0.7 | 0.3 | N/A | N/A | -57.1% |
| Others | 0.4 | 0.3 | 0.3 | 0.6 | 14.5% |
| Total | 15.0 | 10.9 | 8.3 | 13.2 | -4.2% |
Top Export Markets for Frozen Cuts and Edible Offal of Domestic Ducks from Thailand in 2022:
- Japan (2322.8 tons)
- Singapore (188.5 tons)
- Cambodia (123.9 tons)
- Hong Kong SAR (53.2 tons)
- South Korea (11.1 tons)
- Lao People's Democratic Republic (1.9 tons)
Imports of Frozen Cuts and Edible Offal of Domestic Ducks in Thailand
In 2022, the amount of frozen cuts and edible offal of domestic duckses imported into Thailand plummeted to 15 tons, waning by -62.2% compared with the previous year's figure. In general, imports recorded a precipitous slump. The smallest decline of -4.8% was in 2020.
In value terms, imports of frozen cuts and edible offal of domestic duckses reduced rapidly to $355K in 2022. Over the period under review, imports faced a precipitous curtailment. The smallest decline of -21.9% was in 2020.
| Import of Frozen Cuts and Edible Offal of Domestic Ducks in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 1,453 | 1,237 | 659 | 355 | -37.5% |
| France | 777 | 496 | 189 | N/A | -50.7% |
| Egypt | N/A | 28.0 | N/A | N/A | 0% |
| Others | 24.8 | N/A | N/A | N/A | 0% |
| Total | 2,255 | 1,761 | 848 | 355 | -46.0% |
Top Suppliers of Frozen Cuts and Edible Offal of Domestic Ducks to Thailand in 2022:
- Hungary (14.5 tons)
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