Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Malaysia - 2023
Contents:
- Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Malaysia (FOB) - 2023
- Exports of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Malaysia
Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Malaysia (FOB) - 2023
The average export price for poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat stood at $8.0 per unit in December 2023, standing approximately at the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 8.3% month-to-month. As a result, the export price attained the peak level of $8.4 per unit. From February 2023 to December 2023, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From December 2022 to December 2023, the rate of growth in terms of prices for Singapore amounted to +0.3% per month.
Exports of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Malaysia
In 2022, exports of poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat from Malaysia contracted rapidly to 3.3M units, shrinking by -36.7% against 2021. In general, exports saw a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 5% against the previous year. The exports peaked at 5.3M 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 skyrocketed to $38M in 2022. The total export value increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 32.3 | 29.5 | 33.2 | 38.3 | 5.8% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 32.5 | 29.5 | 33.2 | 38.3 | 5.6% |
Top Export Markets for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g from Malaysia in 2022:
- Singapore (3.3M units)
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