Price for Frozen Domestic Ducks, Not Cut in Pieces in Portugal - 2023
Contents:
- Price for Frozen Domestic Ducks, Not Cut in Pieces in Portugal (CIF) - 2023
- Price for Frozen Domestic Ducks, Not Cut in Pieces in Portugal (FOB) - 2023
- Imports of Frozen Domestic Ducks, Not Cut in Pieces in Portugal
- Exports of Frozen Domestic Ducks, Not Cut in Pieces in Portugal
Price for Frozen Domestic Ducks, Not Cut in Pieces in Portugal (CIF) - 2023
In October 2023, the average import price for frozen domestic ducks, not cut in pieceses amounted to $3,496 per ton, remaining stable against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 22% against the previous month. The import price peaked at $4,084 per ton in August 2023; however, from September 2023 to October 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Spain ($11,557 per ton), while the price for Hungary ($3,049 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Spain (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Domestic Ducks, Not Cut in Pieces in Portugal (FOB) - 2023
The average export price for frozen domestic ducks, not cut in pieceses stood at $4,219 per ton in October 2023, remaining stable against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 28% month-to-month. The export price peaked at $5,224 per ton in April 2023; however, from May 2023 to October 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Denmark ($5,635 per ton), while the average price for exports to Germany ($3,388 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 Angola (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Domestic Ducks, Not Cut in Pieces in Portugal
In 2022, overseas purchases of frozen domestic ducks, not cut in pieceses were finally on the rise to reach 1.5K tons after two years of decline. Overall, imports, however, continue to indicate a relatively flat trend pattern.
In value terms, imports of frozen domestic ducks, not cut in pieceses soared to $5M in 2022. In general, imports enjoyed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Frozen Domestic Ducks, Not Cut in Pieces in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 1,030 | 557 | 825 | 1,716 | 18.5% |
| Spain | 147 | 205 | 281 | 1,018 | 90.6% |
| Germany | 1,339 | 751 | 352 | 910 | -12.1% |
| Netherlands | 50.3 | 49.6 | 35.4 | 702 | 140.8% |
| Poland | 324 | 352 | 375 | 502 | 15.7% |
| France | 31.3 | 72.7 | 6.5 | 135 | 62.8% |
| Others | 8.5 | 27.7 | 131 | 62.9 | 94.9% |
| Total | 2,930 | 2,015 | 2,007 | 5,046 | 19.9% |
Top Suppliers of Frozen Domestic Ducks, Not Cut in Pieces to Portugal in 2022:
- Hungary (633.1 tons)
- Spain (255.3 tons)
- Germany (209.7 tons)
- Netherlands (194.5 tons)
- Poland (132.0 tons)
- France (28.2 tons)
Exports of Frozen Domestic Ducks, Not Cut in Pieces in Portugal
Exports of frozen domestic ducks, not cut in pieceses from Portugal declined remarkably to 550 tons in 2022, reducing by -45.1% against the year before. In general, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 58%. As a result, the exports reached the peak of 1K tons, and then shrank rapidly in the following year.
In value terms, exports of frozen domestic ducks, not cut in pieceses reduced dramatically to $2.2M in 2022. Over the period under review, total exports indicated a modest increase from 2019 to 2022: its value increased at an average annual rate of +1.7% 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 +38.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 75% against the previous year. As a result, the exports attained the peak of $2.8M, and then reduced markedly in the following year.
| Export of Frozen Domestic Ducks, Not Cut in Pieces in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 790 | 520 | 1,089 | 1,194 | 14.8% |
| United Kingdom | 168 | 168 | 659 | 398 | 33.3% |
| Angola | 560 | 248 | 314 | 216 | -27.2% |
| Cabo Verde | 56.9 | 69.2 | 75.8 | 143 | 36.0% |
| Italy | 36.5 | 108 | 114 | 93.0 | 36.6% |
| Qatar | 141 | 198 | 67.6 | 57.5 | -25.8% |
| Denmark | N/A | N/A | N/A | 48.8 | 0% |
| Canada | 179 | 24.4 | 296 | 0.3 | -88.1% |
| Others | 182 | 279 | 216 | 75.8 | -25.3% |
| Total | 2,114 | 1,613 | 2,831 | 2,226 | 1.7% |
Top Export Markets for Frozen Domestic Ducks, Not Cut in Pieces from Portugal in 2022:
- Spain (297.7 tons)
- United Kingdom (97.3 tons)
- Angola (47.6 tons)
- Cabo Verde (35.0 tons)
- Italy (22.9 tons)
- Qatar (19.6 tons)
- Denmark (12.3 tons)
- Canada (0.1 tons)
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