Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Thailand - 2024

Contents:

1. Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Thailand (FOB) - 2024
2. Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Thailand (CIF) - 2022
3. Exports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Thailand
4. Imports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Thailand

Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Thailand (FOB) - 2024

The average export price for poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat stood at $1.7 per unit in January 2024, dropping by -10.9% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 11% m-o-m. The export price peaked at $1.9 per unit in November 2023; however, from December 2023 to January 2024, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Lao People's Democratic Republic ($2.1 per unit), while the average price for exports to Cambodia ($1.3 per unit) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+0.5%), 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 Thailand (CIF) - 2022

In 2021, the average import price for poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat amounted to $11 per unit, which is down by -10.4% against the previous year. Overall, the import price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2020 an increase of 46%. The import price peaked at $15 per unit in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Belgium.

From 2012 to 2021, the rate of growth in terms of prices for France amounted to +98.5% per year.

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

For the fourth consecutive year, Thailand recorded growth in overseas shipments of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat, which increased by 10% to 12M units in 2022. Over the period under review, exports showed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 166% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat expanded notably to $20M in 2022. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 176%. Over the period under review, the exports of poultry; live, fowls of species gallus domesticus, weighing more than 185g meat reached the maximum in 2022 and are expected to retain growth in years to come.

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

1. Cambodia (6.0M units)
2. Lao People's Democratic Republic (4.3M units)
3. Myanmar (1.9M units)

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

In 2021, imports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat into Thailand skyrocketed to 915 units, rising by 270% against the year before. Overall, imports, however, recorded a precipitous decrease. Imports peaked at 22K units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, imports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat soared to $9.8K in 2021. Over the period under review, imports, however, recorded a precipitous contraction. Over the period under review, imports of poultry; live, fowls of species gallus domesticus, weighing more than 185g meat hit record highs at $180K in 2019; however, from 2020 to 2021, imports failed to regain momentum.

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

1. Belgium (133.0 units)

Source: IndexBox Market Intelligence Platform