Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Denmark - 2023

Contents:

1. Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Denmark (FOB) - 2023
2. Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Denmark (CIF) - 2022
3. Exports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Denmark
4. Imports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Denmark

Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Denmark (FOB) - 2023

The average export price for poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat stood at $2.9 per unit in September 2023, rising by 1.8% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in April 2023 an increase of 9.4% month-to-month. As a result, the export price attained the peak level of $3.1 per unit. From May 2023 to September 2023, the the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In September 2023, the country with the highest price was Germany ($3.0 per unit), while the average price for exports to the Netherlands ($2.6 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Denmark (CIF) - 2022

In 2022, the average import price for poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat amounted to $3.2 per unit, with a decrease of -30.7% against the previous year. Over the period under review, the import price, however, recorded noticeable growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 201% against the previous year. The import price peaked at $4.6 per unit in 2021, and then contracted significantly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($3.2 per unit), while the price for Germany totaled $3.2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Denmark

In 2022, exports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat from Denmark declined markedly to 18M units, with a decrease of -16.3% compared with the previous year's figure. Over the period under review, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 55%. Over the period under review, the exports of poultry; live, fowls of species gallus domesticus, weighing more than 185g meat hit record highs at 23M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat shrank to $50M in 2022. The total export value increased at an average annual rate of +1.6% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 27%. As a result, the exports reached the peak of $59M, and then reduced in the following year.

Top Export Markets for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g from Denmark in 2022:

1. Germany (16.6M units)
2. Netherlands (1.0M units)

Imports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Denmark

In 2022, after two years of decline, there was significant decline in overseas purchases of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat, when their volume decreased by -50.1% to 135K units. Over the period under review, imports, however, posted significant growth. Imports peaked at 270K units in 2021, and then declined dramatically in the following year.

In value terms, imports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat dropped sharply to $431K in 2022. Overall, imports, however, enjoyed significant growth. Imports peaked at $1.2M in 2021, and then dropped rapidly in the following year.

Top Suppliers of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g to Denmark in 2022:

1. Germany (100.1K units)
2. Netherlands (34.7K units)

Source: IndexBox Market Intelligence Platform