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

Contents:

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

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

The average export price for poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat stood at $3.9 per unit in December 2023, waning by -2.9% against the previous month. Over the period under review, the export price showed a pronounced decrease. The growth pace was the most rapid in January 2023 when the average export price increased by 4.4% against the previous month. As a result, the export price attained the peak level of $5.4 per unit. From February 2023 to December 2023, the the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From December 2022 to December 2023, the rate of growth in terms of prices for Singapore amounted to -2.3% per month.

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

In 2022, the average import price for poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat amounted to $2.9 per unit, remaining relatively unchanged against the previous year. Over the period under review, the import price showed a abrupt decline. The pace of growth was the most pronounced in 2014 when the average import price increased by 30% against the previous year. As a result, import price reached the peak level of $18 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($20 per unit), while the price for France ($1 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.2%), while the prices for the other major suppliers experienced a decline.

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

For the third consecutive year, Malaysia recorded decline in overseas shipments of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat, which decreased by -15% to 41M units in 2022. Over the period under review, exports showed a abrupt downturn. The smallest decline of -1.2% was in 2020. Over the period under review, the exports of poultry; live, fowls of species gallus domesticus, weighing more than 185g meat reached the maximum at 50M 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 contracted rapidly to $122M in 2022. Overall, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 11%. As a result, the exports reached the peak of $160M, and then fell notably in the following year.

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

1. Singapore (41.2M units)

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

After two years of growth, purchases abroad of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat decreased by -48.6% to 3.9K units in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 5,729% against the previous year. As a result, imports reached the peak of 7.5K units, and then fell notably in the following year.

In value terms, imports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat dropped rapidly to $11K in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 4,157%. As a result, imports attained the peak of $22K, and then reduced dramatically in the following year.

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

1. United States (3508.0 units)
2. Netherlands (229.0 units)
3. France (122.0 units)

Source: IndexBox Market Intelligence Platform