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

Contents:

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

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

In 2022, the average export price for poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat amounted to $2.3 per unit, rising by 8.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2016 an increase of 20% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($6.1 per unit), while the average price for exports to Israel ($0.9 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 Mexico (+6.8%), 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 the United States (CIF) - 2023

In December 2023, the average import price for poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat amounted to $4.4 per unit, falling by -85.3% against the previous month. Overall, the import price saw a drastic downturn. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 303% m-o-m. The import price peaked at $29.7 per unit in November 2023, and then fell notably in the following month.

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 -6.5% per month.

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

In 2022, exports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat from the United States soared to 381K units, rising by 20% against the year before. In general, exports showed resilient growth. The pace of growth was the most pronounced in 2020 when exports increased by 167% against the previous year. As a result, the exports attained the peak of 837K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat skyrocketed to $869K in 2022. Over the period under review, exports showed a strong expansion. The growth pace was the most rapid in 2020 with an increase of 161% against the previous year. As a result, the exports reached the peak of $1.8M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Canada (239.8K units)
2. Mexico (46.8K units)
3. Taiwan (Chinese) (44.3K units)
4. Azerbaijan (16.3K units)
5. Israel (15.4K units)
6. Aruba (12.5K units)
7. Germany (2.8K units)

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

In 2022, the amount of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat imported into the United States rose notably to 138K units, with an increase of 13% against the previous year's figure. Over the period under review, imports, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 59%. Over the period under review, imports of poultry; live, fowls of species gallus domesticus, weighing more than 185g meat hit record highs at 218K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat fell to $700K in 2022. In general, imports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 27%. Over the period under review, imports of poultry; live, fowls of species gallus domesticus, weighing more than 185g meat hit record highs at $1.2M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. Canada (137.7K units)

Source: IndexBox Market Intelligence Platform