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

Contents:

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

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

In September 2023, the average import price for poultry; live, weighing not more than 185g, turkeys meat amounted to $18.2 per unit, which is down by -32.7% against the previous month. In general, the import price, however, recorded a modest increase. The most prominent rate of growth was recorded in August 2023 an increase of 77% month-to-month. As a result, import price reached the peak level of $27.0 per unit, and then shrank rapidly in the following month.

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

From November 2022 to September 2023, the rate of growth in terms of prices for France amounted to +1.8% per month.

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

The average export price for poultry; live, weighing not more than 185g, turkeys meat stood at $2.1 per unit in 2022, shrinking by -4.6% against the previous year. In general, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for poultry; live, weighing not more than 185g, turkeys meat decreased by -7.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 59%. As a result, the export price attained the peak level of $2.3 per unit. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($4.3 per unit), while the average price for exports to Poland ($1.9 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 Romania (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of poultry; live, weighing not more than 185g, turkeys meat were finally on the rise to reach 187K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports showed a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of poultry; live, weighing not more than 185g, turkeys meat soared to $4.8M in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. France (187.5K units)

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

In 2022, shipments abroad of poultry; live, weighing not more than 185g, turkeys meat was finally on the rise to reach 681K units after two years of decline. Overall, exports, however, recorded a dramatic slump. Over the period under review, the exports of reached the peak figure at 1.4M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of poultry; live, weighing not more than 185g, turkeys meat skyrocketed to $1.4M in 2022. Over the period under review, exports, however, showed a abrupt descent. The exports peaked at $2M 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 Italy in 2022:

1. Poland (357.6K units)
2. Greece (134.9K units)
3. Austria (119.6K units)
4. Morocco (33.9K units)
5. France (29.8K units)

Source: IndexBox Market Intelligence Platform