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

Contents:

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

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

The average export price for poultry; live, weighing not more than 185g, turkeys meat stood at $17 per unit in 2022, rising by 3.1% against the previous year. In general, the export price showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 110% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($21 per unit), while the average price for exports to Ireland ($4.3 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 Poland (+12.1%), 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 the UK (CIF) - 2022

In 2022, the average import price for poultry; live, weighing not more than 185g, turkeys meat amounted to $5.6 per unit, rising by 14% against the previous year. Over the period under review, the import price posted measured growth. The pace of growth appeared the most rapid in 2017 an increase of 74% against the previous year. The import price peaked at $6.3 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Ireland amounted to +15.2% per year.

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

In 2022, shipments abroad of poultry; live, weighing not more than 185g, turkeys meat decreased by -20% to 1.8M units, falling for the second year in a row after two years of growth. Over the period under review, exports faced a abrupt setback. The pace of growth was the most pronounced in 2020 when exports increased by 53% against the previous year. As a result, the exports reached the peak of 4M units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of poultry; live, weighing not more than 185g, turkeys meat dropped markedly to $31M in 2022. The total export value increased at an average annual rate of +6.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 23% against the previous year. Over the period under review, the exports of attained the peak figure at $37M in 2021, and then reduced rapidly in the following year.

Export of Poultry; Live, Weighing Not More than 185g, Turkeys in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.96.010.68.821.6%
France5.06.68.58.720.3%
Italy3.85.34.93.90.9%
Poland3.45.93.93.1-3.0%
Slovakia1.61.71.81.95.9%
Hungary0.10.20.41.1122.4%
Ireland0.10.10.40.8100.0%
Spain2.01.11.10.8-26.3%
Russia1.41.83.3N/A53.5%
Others3.12.52.21.7-18.1%
Total25.331.237.230.76.7%

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

  1. Germany (477.8K units)
  2. France (431.2K units)
  3. Italy (239.2K units)
  4. Ireland (182.7K units)
  5. Poland (178.4K units)
  6. Slovakia (96.6K units)
  7. Hungary (53.1K units)
  8. Spain (51.5K units)

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

In 2022, the amount of poultry; live, weighing not more than 185g, turkeys meat imported into the UK reduced markedly to 5.2K units, falling by -63.9% on the previous year's figure. Overall, imports continue to indicate a sharp reduction. Over the period under review, imports of attained the peak figure at 269K 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 fell markedly to $29K in 2022. In general, imports continue to indicate a precipitous descent. Over the period under review, imports of reached the peak figure at $1.4M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Poultry; Live, Weighing Not More than 185g, Turkeys in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/AN/A29.00%
Ireland92.674.85.8N/A-75.0%
Germany16132.510.7N/A-74.2%
United States10513215.9N/A-61.1%
France1,03519836.4N/A-81.2%
Others4.72.71.7N/A-39.9%
Total1,39844070.529.0-72.5%

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

  1. Poland (5.2K units)

Source: IndexBox Market Intelligence Platform

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Free Data: Poultry; live, weighing not more than 185g, turkeys - United Kingdom