Price for Poultry; Live, Weighing Not More than 185g, Turkeys in Peru - 2022

Contents:

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

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

The average export price for poultry; live, weighing not more than 185g, turkeys meat stood at $2.2 per unit in 2022, leveling off at the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2013 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices reached the maximum at $2.2 per unit in 2015; afterwards, it flattened through to 2022.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($2.4 per unit), while the average price for exports to Ecuador stood at $2.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+1.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for poultry; live, weighing not more than 185g, turkeys meat amounted to $14 per unit, rising by 13% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $18 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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

From 2016 to 2022, the rate of growth in terms of prices for the United States amounted to -0.9% per year.

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

In 2022, the amount of poultry; live, weighing not more than 185g, turkeys meat exported from Peru rose modestly to 1.2M units, surging by 1.8% against the previous year's figure. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +7.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 65% 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, weighing not more than 185g, turkeys meat stood at $2.6M in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +6.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 63%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.

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

1. Ecuador (1125.7K units)
2. Bolivia (75.0K units)

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

In 2022, the amount of poultry; live, weighing not more than 185g, turkeys meat imported into Peru declined sharply to 65K units, with a decrease of -27.3% on the previous year's figure. Overall, imports, however, posted a remarkable increase. The pace of growth was the most pronounced in 2021 when imports increased by 120%. As a result, imports reached the peak of 89K units, and then fell remarkably in the following year.

In value terms, imports of poultry; live, weighing not more than 185g, turkeys meat reduced sharply to $929K in 2022. Over the period under review, total imports indicated a noticeable expansion from 2019 to 2022: its value increased at an average annual rate of +3.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +27.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 55%. As a result, imports attained the peak of $1.1M, and then contracted notably in the following year.

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

1. United States (64.9K units)

Source: IndexBox Market Intelligence Platform