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

Contents:

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

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

The average import price for poultry; live, ducks, weighing not more than 185g meat stood at $2.5 per unit in December 2023, surging by 17% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $2.6 per unit in July 2023; however, from August 2023 to December 2023, 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 +0.1% per month.

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

The average export price for poultry; live, ducks, weighing not more than 185g meat stood at $1.8 per unit in 2022, surging by 115% against the previous year. In general, the export price, however, saw a perceptible downturn. Over the period under review, the average export prices attained the maximum at $4.7 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($2.5 per unit), while the average price for exports to Mexico ($0.7 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 China (+72.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of poultry; live, ducks, weighing not more than 185g meat into the United States skyrocketed to 936K units, growing by 29% on 2021 figures. Overall, total imports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.5% 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 +64.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of poultry; live, ducks, weighing not more than 185g meat skyrocketed to $2.1M in 2022. Over the period under review, imports, however, saw a noticeable downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year. Over the period under review, imports of attained the peak figure at $2.2M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. Canada (936.1K units)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of poultry; live, ducks, weighing not more than 185g meat, when their volume decreased by -66.5% to 179K units. Over the period under review, exports faced a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 48% against the previous year. As a result, the exports attained the peak of 534K units, and then contracted significantly in the following year.

In value terms, exports of poultry; live, ducks, weighing not more than 185g meat declined sharply to $313K in 2022. In general, exports saw a abrupt setback. The smallest decline of -1.5% was in 2020. The exports peaked at $550K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. United Kingdom (88.2K units)
2. Canada (44.8K units)
3. Bulgaria (38.8K units)
4. Mexico (6.8K units)

Source: IndexBox Market Intelligence Platform