Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in the Philippines - 2022
Contents:
- Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in the Philippines (CIF) - 2022
- Imports of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in the Philippines
Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in the Philippines (CIF) - 2022
The average import price for poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat stood at $9.1 per unit in 2022, increasing by 4.2% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 50% against the previous year. The import price peaked at $13 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($36 per unit), while the price for the Netherlands totaled $2 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in the Philippines
In 2022, supplies from abroad of poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat decreased by -29.5% to 8K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 217% against the previous year. As a result, imports attained the peak of 11K units, and then declined remarkably in the following year.
In value terms, imports of poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat shrank significantly to $73K in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 113%. As a result, imports reached the peak of $99K, and then reduced rapidly in the following year.
| Import of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 13.6 | 21.7 | 84.2 | 60.1 | 64.1% |
| Netherlands | 2.6 | 3.2 | 14.9 | 12.7 | 69.7% |
| Others | 13.7 | 21.7 | N/A | N/A | 58.4% |
| Total | 29.9 | 46.5 | 99.2 | 72.8 | 34.5% |
Top Suppliers of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g to the Philippines in 2022:
- Netherlands (6.3K units)
- Belgium (1.7K units)
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