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

Contents:

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

Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in the United States (CIF) - 2023

In December 2023, the average import price for poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat amounted to $8.7 per unit, therefore, remained relatively stable against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2023 an increase of 24% month-to-month. As a result, import price attained the peak level of $11.5 per unit. From October 2023 to December 2023, the average import prices failed to regain momentum.

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

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

Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in the United States (FOB) - 2022

In 2022, the average export price for poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat amounted to $1.5 per unit, declining by -27.9% against the previous year. Over the period under review, the export price recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2017 when the average export price increased by 38%. As a result, the export price reached the peak level of $3 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Mexico ($1.7 per unit) and Belize ($1.5 per unit), while the average price for exports to Canada ($1.3 per unit) and Singapore ($1.3 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+60.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

After three years of growth, supplies from abroad of poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat decreased by -3.9% to 946K units in 2022. The total import volume increased at an average annual rate of +8.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, imports attained the peak of 984K units, and then declined slightly in the following year.

In value terms, imports of poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat contracted to $10M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, imports reached the peak of $12M, and then fell in the following year.

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

1. Canada (943.6K units)

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

In 2022, overseas shipments of poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat were finally on the rise to reach 166K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a dramatic slump. Over the period under review, the exports of attained the peak figure at 475K 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 amounted to $256K in 2022. Over the period under review, exports, however, faced a dramatic descent. The exports peaked at $960K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. Belize (96.9K units)
2. Mexico (54.2K units)
3. Canada (8.6K units)
4. Trinidad and Tobago (3.1K units)
5. Singapore (2.9K units)

Source: IndexBox Market Intelligence Platform