Price for Poultry; Live, Ducks, Weighing Not More than 185g in the UK - 2023

Contents:

1. Price for Poultry; Live, Ducks, Weighing Not More than 185g in the UK (FOB) - 2022
2. Price for Poultry; Live, Ducks, Weighing Not More than 185g in the UK (CIF) - 2023
3. Exports of Poultry; Live, Ducks, Weighing Not More than 185g in the UK
4. Imports of Poultry; Live, Ducks, Weighing Not More than 185g in the UK

Price for Poultry; Live, Ducks, Weighing Not More than 185g in the UK (FOB) - 2022

In 2022, the average export price for poultry; live, ducks, weighing not more than 185g meat amounted to $6.2 per unit, reducing by -41.6% against the previous year. Over the period under review, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 45% against the previous year. Over the period under review, the average export prices hit record highs at $21 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($14 per unit), while the average price for exports to Ireland ($1.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+34.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Poultry; Live, Ducks, Weighing Not More than 185g in the UK (CIF) - 2023

In December 2023, the average import price for poultry; live, ducks, weighing not more than 185g meat amounted to $129 per unit, reducing by -61.8% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 147% against the previous month. Over the period under review, average import prices hit record highs at $337 per unit in November 2023, and then fell rapidly in the following month.

As there is only one major supplying country, 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 -0.4% per month.

Exports of Poultry; Live, Ducks, Weighing Not More than 185g in the UK

Exports of poultry; live, ducks, weighing not more than 185g meat from the UK dropped significantly to 104K units in 2022, reducing by -58.7% against the previous year's figure. In general, exports recorded a significant decline. The smallest decline of -1.6% was in 2020. The exports peaked at 446K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of poultry; live, ducks, weighing not more than 185g meat reduced remarkably to $644K in 2022. Overall, exports recorded a dramatic curtailment. The smallest decline of -16.7% was in 2021. The exports peaked at $4.5M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Poultry; Live, Ducks, Weighing Not More than 185g from the UK in 2022:

1. Ireland (48.6K units)
2. Vietnam (17.1K units)
3. Portugal (11.8K units)
4. Canada (10.6K units)
5. Thailand (7.5K units)
6. Germany (6.6K units)
7. Norway (1.7K units)

Imports of Poultry; Live, Ducks, Weighing Not More than 185g in the UK

In 2022, purchases abroad of poultry; live, ducks, weighing not more than 185g meat decreased by -82.5% to 22K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a sharp reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 35%. Over the period under review, imports of hit record highs at 128K units in 2021, and then declined significantly in the following year.

In value terms, imports of poultry; live, ducks, weighing not more than 185g meat reduced markedly to $278K in 2022. In general, imports recorded a noticeable slump. The most prominent rate of growth was recorded in 2020 with an increase of 33%. As a result, imports reached the peak of $407K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Poultry; Live, Ducks, Weighing Not More than 185g to the UK in 2022:

1. United States (21.0K units)
2. France (1.4K units)

Source: IndexBox Market Intelligence Platform