Price for Poultry; Live, Weighing Not More than 185g, Turkeys in Denmark - 2023

Contents:

1. Price for Poultry; Live, Weighing Not More than 185g, Turkeys in Denmark (CIF) - 2023
2. Price for Poultry; Live, Weighing Not More than 185g, Turkeys in Denmark (FOB) - 2022
3. Imports of Poultry; Live, Weighing Not More than 185g, Turkeys in Denmark
4. Exports of Poultry; Live, Weighing Not More than 185g, Turkeys in Denmark

Price for Poultry; Live, Weighing Not More than 185g, Turkeys in Denmark (CIF) - 2023

In October 2023, the average import price for poultry; live, weighing not more than 185g, turkeys meat amounted to $4.0 per unit, growing by 32% against the previous month. Overall, the import price saw a notable increase. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 37% m-o-m. Over the period under review, average import prices hit record highs in October 2023.

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

From October 2022 to October 2023, the rate of growth in terms of prices for Germany amounted to +2.1% per month.

Price for Poultry; Live, Weighing Not More than 185g, Turkeys in Denmark (FOB) - 2022

The average export price for poultry; live, weighing not more than 185g, turkeys meat stood at $5.6 per unit in 2022, reducing by -44.5% against the previous year. In general, the export price saw a significant decline. The pace of growth appeared the most rapid in 2019 a decrease of -14.3% against the previous year. The export price peaked at $27 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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

From 2018 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -32.8% per year.

Imports of Poultry; Live, Weighing Not More than 185g, Turkeys in Denmark

After two years of decline, purchases abroad of poultry; live, weighing not more than 185g, turkeys meat increased by 17% to 257K units in 2022. In general, imports, however, saw a dramatic curtailment. Over the period under review, imports of hit record highs at 2M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of poultry; live, weighing not more than 185g, turkeys meat rose significantly to $1.3M in 2022. Over the period under review, imports, however, faced a precipitous curtailment. Imports peaked at $6.5M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Poultry; Live, Weighing Not More than 185g, Turkeys to Denmark in 2022:

1. Germany (257.2K units)

Exports of Poultry; Live, Weighing Not More than 185g, Turkeys in Denmark

In 2022, overseas shipments of poultry; live, weighing not more than 185g, turkeys meat decreased by -9.9% to 168K units for the first time since 2019, thus ending a two-year declining trend. In general, exports recorded a noticeable decline. Over the period under review, the exports of hit record highs at 187K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of poultry; live, weighing not more than 185g, turkeys meat reduced notably to $938K in 2022. Overall, exports showed a dramatic shrinkage. The exports peaked at $4.4M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Poultry; Live, Weighing Not More than 185g, Turkeys from Denmark in 2022:

1. Netherlands (167.9K units)

Source: IndexBox Market Intelligence Platform