Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Canada - 2023

Contents:

1. Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Canada (FOB) - 2023
2. Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Canada (CIF) - 2022
3. Exports of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Canada
4. Imports of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Canada

Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Canada (FOB) - 2023

The average export price for poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat stood at $8.8 per unit in December 2023, standing approximately at the previous month. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in September 2023 when the average export price increased by 23% against the previous month. As a result, the export price attained the peak level of $11.6 per unit. From October 2023 to December 2023, the the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From December 2022 to December 2023, the rate of growth in terms of prices for the United States amounted to -0.6% per month.

Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Canada (CIF) - 2022

In 2022, the average import price for poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat amounted to $16 per unit, increasing by 13% against the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +9.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat increased by +35.0% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 71%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +9.1% per year.

Exports of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Canada

In 2022, exports of poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat from Canada shrank to 944K units, which is down by -5.3% compared with the year before. In general, exports faced a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 28%. The exports peaked at 1.7M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat dropped to $10M in 2022. Overall, exports recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 35%. As a result, the exports attained the peak of $12M, and then fell in the following year.

Top Export Markets for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g from Canada in 2022:

1. United States (943.6K units)

Imports of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Canada

In 2022, the amount of poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat imported into Canada rose significantly to 641 units, picking up by 8.6% on 2021. Over the period under review, imports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 9.1% against the previous year. Over the period under review, imports of hit record highs at 766 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat soared to $10K in 2022. Overall, imports, however, continue to indicate a mild decline. The pace of growth appeared the most rapid in 2021 when imports increased by 30% against the previous year. Over the period under review, imports of hit record highs at $11K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g to Canada in 2022:

1. United States (641.0 units)

Source: IndexBox Market Intelligence Platform