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

Contents:

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

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

The average export price for poultry; live, weighing not more than 185g, turkeys meat stood at $1.9 per unit in November 2023, remaining relatively unchanged against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in April 2023 an increase of 6.7% m-o-m. The export price peaked at $2.0 per unit in September 2023; however, from October 2023 to November 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Denmark ($3.7 per unit), while the average price for exports to Austria ($1.3 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for poultry; live, weighing not more than 185g, turkeys meat stood at $22.9 per unit in October 2023, rising by 4.1% against the previous month. Overall, the import price posted mild growth. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 407% month-to-month. Over the period under review, average import prices attained the maximum in October 2023.

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

From October 2022 to October 2023, the rate of growth in terms of prices for Belgium amounted to +35.9% per month.

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

For the third consecutive year, Germany recorded decline in shipments abroad of poultry; live, weighing not more than 185g, turkeys meat, which decreased by -10.6% to 12M units in 2022. Overall, exports continue to indicate a dramatic setback. Over the period under review, the exports of attained the maximum at 25M 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 dropped rapidly to $29M in 2022. Over the period under review, exports continue to indicate a deep slump. The smallest decline of -1.2% was in 2020. Over the period under review, the exports of reached the maximum at $46M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. Poland (7.2M units)
2. Austria (1.1M units)
3. France (0.9M units)
4. Netherlands (0.7M units)
5. Ukraine (0.6M units)
6. Denmark (0.4M units)
7. Belgium (0.4M units)

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

In 2022, after two years of decline, there was growth in overseas purchases of poultry; live, weighing not more than 185g, turkeys meat, when their volume increased by 2.5% to 184K units. Over the period under review, imports, however, showed a sharp slump. Imports peaked at 401K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of poultry; live, weighing not more than 185g, turkeys meat surged to $1.3M in 2022. In general, imports, however, recorded a sharp slump. Over the period under review, imports of hit record highs at $3.8M 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 Germany in 2022:

1. France (162.7K units)
2. Hungary (9.3K units)
3. Belgium (5.5K units)
4. Italy (4.7K units)

Source: IndexBox Market Intelligence Platform