Price for Frozen Domestic Ducks, Not Cut in Pieces in China - 2023
Contents:
- Price for Frozen Domestic Ducks, Not Cut in Pieces in China (FOB) - 2023
- Exports of Frozen Domestic Ducks, Not Cut in Pieces in China
Price for Frozen Domestic Ducks, Not Cut in Pieces in China (FOB) - 2023
In December 2023, the average export price for frozen domestic ducks, not cut in pieceses amounted to $1,274 per ton, declining by -14.3% against the previous month. In general, the export price saw a pronounced descent. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 13% against the previous month. Over the period under review, the average export prices attained the peak figure at $1,923 per ton in March 2023; however, from April 2023 to December 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was Hong Kong SAR ($2,550 per ton), while the average price for exports to Democratic People's Republic of Korea ($983 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+0.2%), while the prices for the other major destinations experienced a decline.
Exports of Frozen Domestic Ducks, Not Cut in Pieces in China
In 2022, approx. 14K tons of frozen domestic ducks, not cut in pieceses were exported from China; with an increase of 56% compared with the previous year. Over the period under review, exports posted a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 67%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of frozen domestic ducks, not cut in pieceses surged to $25M in 2022. Overall, exports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 74%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Frozen Domestic Ducks, Not Cut in Pieces in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 1.0 | 1.8 | 7.8 | 14.0 | 141.0% |
| Hong Kong SAR | 5.6 | 6.0 | 7.7 | 7.1 | 8.2% |
| Macao SAR | 0.9 | 0.6 | 0.8 | 1.0 | 3.6% |
| Bahrain | 0.3 | 0.3 | 0.7 | 0.9 | 44.2% |
| Afghanistan | 0.2 | 0.3 | 0.2 | 0.6 | 44.2% |
| Myanmar | N/A | N/A | N/A | 0.5 | 0% |
| Democratic People's Republic of Korea | 6.2 | 0.9 | N/A | N/A | -85.5% |
| Others | 0.6 | 0.2 | 0.3 | 0.4 | -12.6% |
| Total | 14.9 | 10.0 | 17.5 | 24.5 | 18.0% |
Top Export Markets for Frozen Domestic Ducks, Not Cut in Pieces from China in 2022:
- Cambodia (9.3K tons)
- Hong Kong SAR (3.0K tons)
- Bahrain (0.5K tons)
- Macao SAR (0.5K tons)
- Afghanistan (0.4K tons)
- Myanmar (0.3K tons)
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