Thailand: Frozen Poultry Liver Market 2024

Frozen Poultry Liver Market Size in Thailand

In 2022, after two years of growth, there was significant decline in the Thai frozen poultry liver market, when its value decreased by X% to $X. Overall, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Frozen Poultry Liver Production in Thailand

In value terms, frozen poultry liver production totaled $X in 2022 estimated in export price. Over the period under review, production, however, showed a buoyant increase. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. Frozen poultry liver production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Frozen Poultry Liver Exports

Exports from Thailand

In 2022, exports of frozen poultry livers and offal from Thailand was estimated at X tons, therefore, remained relatively stable against the previous year. Overall, exports posted a strong increase. The pace of growth was the most pronounced in 2019 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, frozen poultry liver exports soared to $X in 2022. Over the period under review, exports recorded a significant expansion. The growth pace was the most rapid in 2014 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Japan (X tons), China (X tons) and Malaysia (X tons) were the main destinations of frozen poultry liver exports from Thailand, together comprising X% of total exports. South Korea, Hong Kong SAR, Cambodia, the Netherlands and Lao People's Democratic Republic lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Korea (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen poultry liver exported from Thailand were Japan ($X), China ($X) and Malaysia ($X), with a combined X% share of total exports. Hong Kong SAR, South Korea, the Netherlands, Cambodia and Lao People's Democratic Republic lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, South Korea, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average frozen poultry liver export price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

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 China ($X per ton), while the average price for exports to Cambodia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Poultry Liver Imports

Imports into Thailand

In 2022, imports of frozen poultry livers and offal into Thailand dropped to X tons, shrinking by X% compared with the year before. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, frozen poultry liver imports reduced to $X in 2022. Over the period under review, imports, however, posted measured growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Australia (X tons) constituted the largest supplier of frozen poultry liver to Thailand, with a X% share of total imports. Moreover, frozen poultry liver imports from Australia exceeded the figures recorded by the second-largest supplier, Hungary (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume from Australia amounted to X%.

In value terms, Hungary ($X) constituted the largest supplier of frozen poultry livers and offal to Thailand, comprising X% of total imports. The second position in the ranking was held by Australia ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Hungary totaled X%.

Import Prices by Country

The average frozen poultry liver import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the import price, however, showed a noticeable increase. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Australia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :