Price for Poultry; Live, Weighing Not More than 185g, Turkeys in the United States - 2023
Contents:
- Price for Poultry; Live, Weighing Not More than 185g, Turkeys in the United States (FOB) - 2023
- Price for Poultry; Live, Weighing Not More than 185g, Turkeys in the United States (CIF) - 2023
- Exports of Poultry; Live, Weighing Not More than 185g, Turkeys in the United States
- Imports of Poultry; Live, Weighing Not More than 185g, Turkeys in the United States
Price for Poultry; Live, Weighing Not More than 185g, Turkeys in the United States (FOB) - 2023
In December 2023, the average export price for poultry; live, weighing not more than 185g, turkeys meat amounted to $1.6 per unit, declining by -48.4% against the previous month. Over the period under review, the export price saw a perceptible decrease. The most prominent rate of growth was recorded in November 2023 when the average export price increased by 79% against the previous month. As a result, the export price attained the peak level of $3.1 per unit, and then fell notably in the following month.
There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was Algeria ($6.7 per unit), while the average price for exports to Canada ($1.0 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+17.3%), 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 United States (CIF) - 2023
In December 2023, the average import price for poultry; live, weighing not more than 185g, turkeys meat amounted to $2.4 per unit, growing by 6.3% against the previous month. In general, the import price, however, recorded a slight shrinkage. The most prominent rate of growth was recorded in August 2023 an increase of 14% month-to-month. Over the period under review, average import prices hit record highs at $3.0 per unit in December 2022; however, from January 2023 to December 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From December 2022 to December 2023, the rate of growth in terms of prices for Canada amounted to -1.8% per month.
Exports of Poultry; Live, Weighing Not More than 185g, Turkeys in the United States
In 2022, exports of poultry; live, weighing not more than 185g, turkeys meat from the United States surged to 8.4M units, rising by 44% against 2021 figures. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +10.8% 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 +69.4% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of poultry; live, weighing not more than 185g, turkeys meat surged to $19M in 2022. Overall, exports continue to indicate a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Poultry; Live, Weighing Not More than 185g, Turkeys in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 5.4 | 4.8 | 10.2 | 14.1 | 37.7% |
| Morocco | 1.7 | 1.0 | 0.3 | 1.1 | -13.5% |
| Mexico | 0.2 | 0.2 | 0.3 | 0.9 | 65.1% |
| Ecuador | 1.8 | 0.7 | 0.6 | 0.9 | -20.6% |
| Algeria | 1.3 | 1.4 | 0.3 | 0.7 | -18.6% |
| Tunisia | 0.8 | 0.8 | 0.5 | 0.6 | -9.1% |
| Others | 0.7 | 0.6 | 0.7 | 0.5 | -10.6% |
| Total | 11.9 | 9.6 | 12.8 | 18.8 | 16.5% |
Top Export Markets for Poultry; Live, Weighing Not More than 185g, Turkeys from the United States in 2022:
- Canada (5.8M units)
- Morocco (0.7M units)
- Mexico (0.6M units)
- Ecuador (0.6M units)
- Algeria (0.4M units)
- Tunisia (0.1M units)
Imports of Poultry; Live, Weighing Not More than 185g, Turkeys in the United States
In 2022, imports of poultry; live, weighing not more than 185g, turkeys meat into the United States reduced slightly to 7.5M units, with a decrease of -1.7% against the previous year's figure. Overall, imports showed a abrupt slump. Over the period under review, imports of reached the maximum at 9M 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 declined slightly to $18M in 2022. In general, imports continue to indicate a perceptible contraction. Imports peaked at $20M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Poultry; Live, Weighing Not More than 185g, Turkeys in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 20.4 | 18.2 | 18.0 | 17.9 | -4.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 20.4 | 18.2 | 18.0 | 17.9 | -4.3% |
Top Suppliers of Poultry; Live, Weighing Not More than 185g, Turkeys to the United States in 2022:
- Canada (7.5M units)
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