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

Contents:

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

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

In August 2023, the average export price for poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat amounted to $2.4 per unit, waning by -34.3% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in July 2023 an increase of 67% month-to-month. As a result, the export price reached the peak level of $3.7 per unit, and then reduced dramatically in the following month.

Average prices varied noticeably for the major foreign markets. In August 2023, the country with the highest price was Poland ($2.6 per unit), while the average price for exports to the Czech Republic ($2.1 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+2.6%), while the prices for the other major destinations experienced a decline.

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

In August 2023, the average import price for poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat amounted to $3.3 per unit, picking up by 20% against the previous month. In general, import price indicated a modest expansion from August 2022 to August 2023: its price increased at an average monthly rate of +1.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, import price for poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat decreased by -11.1% against June 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 32% m-o-m. As a result, import price reached the peak level of $4.3 per unit. From February 2023 to August 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Hungary ($4.5 per unit), while the price for the Czech Republic totaled $2.8 per unit.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Hungary (+5.0%).

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

In 2022, after two years of decline, there was significant growth in shipments abroad of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat, when their volume increased by 33% to 17M units. The total export volume increased at an average annual rate of +2.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat soared to $43M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.9% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Poland (12.4M units)
2. Hungary (4.2M units)
3. Czech Republic (0.6M units)

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

In 2022, overseas purchases of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat decreased by -26.2% to 3.9M units, falling for the second year in a row after two years of growth. Overall, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 1.2%. As a result, imports reached the peak of 5.4M units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat skyrocketed to $12M in 2022. The total import value increased at an average annual rate of +10.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Czech Republic (3.4M units)
2. Hungary (0.4M units)
3. Romania (0.2M units)

Source: IndexBox Market Intelligence Platform