Duck and Goose Meat Market

The global duck and goose meat market is projected to see a steady increase in consumption and value over the next eight years. China dominates both consumption and production, with steady growth rates recorded over the past decade. Imports and exports show fluctuations, with key players such as Poland, Hungary, France, and China leading in export volumes.

Market Forecast

Driven by increasing demand for duck and goose meat worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +2.7% for the period from 2022 to 2030, which is projected to bring the market volume to 13M tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +4.7% for the period from 2022 to 2030, which is projected to bring the market value to $54.4B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Duck and Goose Meat

After four years of growth, consumption of duck and goose meat decreased by -2.8% to 10M tons in 2022. Overall, the total consumption indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, global consumption hit record highs at 11M tons in 2021, and then contracted modestly in the following year.

The global duck and goose meat market revenue declined to $37.5B in 2022, falling by -4.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +3.4% 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 +51.3% against 2017 indices. Over the period under review, the global market reached the peak level at $39.4B in 2021, and then shrank in the following year.

Consumption By Country

The country with the largest volume of duck and goose meat consumption was China (9M tons), accounting for 86% of total volume. It was followed by Vietnam (182K tons), with a 1.7% share of total consumption.

From 2012 to 2022, the average annual growth rate of volume in China totaled +5.3%.

In value terms, China ($31.6B) led the market, alone. The second position in the ranking was taken by Vietnam ($1.1B).

In China, the duck and goose meat market increased at an average annual rate of +4.9% over the period from 2012-2022.

From 2012 to 2022, the average annual growth rate of the duck and goose meat per capita consumption in China amounted to +4.8%.

Production

World Production of Duck and Goose Meat

After four years of growth, production of duck and goose meat decreased by -2.9% to 10M tons in 2022. Over the period under review, the total production indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the production volume increased by 34%. Global production peaked at 11M tons in 2021, and then declined modestly in the following year. The general positive trend in terms output was largely conditioned by a pronounced expansion of the number of producing animals and a moderate increase in yield figures.

In value terms, duck and goose meat production dropped to $42.9B in 2022 estimated in export price. In general, the total production indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +66.1% against 2017 indices. The pace of growth appeared the most rapid in 2019 when the production volume increased by 27% against the previous year. Over the period under review, global production hit record highs at $45.9B in 2021, and then reduced in the following year.

Production By Country

China (9.1M tons) constituted the country with the largest volume of duck and goose meat production, accounting for 87% of total volume. It was followed by Vietnam (182K tons), with a 1.7% share of total production.

From 2012 to 2022, the average annual rate of growth in terms of volume in China totaled +5.2%.

Yield

The global average duck and goose meat yield dropped modestly to 2.7 kg per head in 2022, shrinking by -2.7% compared with the previous year. The yield figure increased at an average annual rate of +2.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when the yield increased by 35% against the previous year. The global yield peaked at 2.7 kg per head in 2021, and then reduced modestly in the following year.

Producing Animals

In 2022, approx. 3.9B heads of animals slaughtered for duck and goose meat production worldwide; approximately equating 2021 figures. In general, the number of producing animals, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 5.2% against the previous year. As a result, the number of producing animals attained the peak level of 4B heads. From 2019 to 2022, the growth of this number remained at a lower figure.

Imports

World Imports of Duck and Goose Meat

In 2022, the amount of duck and goose meat imported worldwide shrank to 246K tons, waning by -8.1% compared with the previous year's figure. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. Global imports peaked at 332K tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, duck and goose meat imports rose notably to $1.3B in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 37% against the previous year. Over the period under review, global imports hit record highs at $1.4B in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports By Country

In 2022, Germany (49K tons) and Hong Kong SAR (37K tons) were the major importers of duck and goose meataround the world, together constituting 35% of total imports. The UK (22K tons) ranks next in terms of the total imports with an 8.7% share, followed by France (7.7%) and Belgium (5.1%). Cambodia (11K tons), the Czech Republic (8.7K tons), Spain (7.1K tons), Japan (6.8K tons), Slovakia (5K tons), Austria (4.9K tons), the Netherlands (4.9K tons) and Denmark (4.8K tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of +78.5%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($299M), France ($184M) and Hong Kong SAR ($147M) appeared to be the countries with the highest levels of imports in 2022, with a combined 48% share of global imports. The UK, Belgium, Spain, the Czech Republic, Japan, Austria, Denmark, Slovakia, the Netherlands and Cambodia lagged somewhat behind, together accounting for a further 32%.

Cambodia, with a CAGR of +56.0%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Imports By Type

Frozen domestic ducks, not cut in pieces (75K tons) and frozen cuts and edible offal of domestic ducks (59K tons) represented roughly 54% of total imports in 2022. Fresh or chilled domestic ducks, not cut in pieces (35K tons) took the next position in the ranking, followed by fresh or chilled cuts and edible offal of domestic ducks (excluding fatty livers) (21K tons), fresh or chilled domestic geese, not cut in pieces (17K tons) and frozen cuts and edible offal of domestic geese (15K tons). All these products together took near 36% share of total imports. Meat and edible offal of domestic guinea fowls, fresh, chilled or frozen (11K tons) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key imported products, was attained by fresh or chilled domestic geese, not cut in pieces (with a CAGR of +3.1%), while imports for the other products experienced more modest paces of growth.

In value terms, the largest types of imported duck and goose meat were frozen cuts and edible offal of domestic ducks ($390M), frozen domestic ducks, not cut in pieces ($251M) and fresh or chilled cuts and edible offal of domestic ducks (excluding fatty livers) ($150M), together accounting for 60% of global imports. Frozen cuts and edible offal of domestic geese, fresh or chilled domestic ducks, not cut in pieces, fresh or chilled domestic geese, not cut in pieces, frozen domestic geese, not cut in pieces, meat and edible offal of domestic guinea fowls, fresh, chilled or frozen, fatty livers of domestic ducks, fresh or chilled, fresh or chilled cuts and edible offal of domestic geese (excluding fatty livers) and fatty livers of domestic geese, fresh or chilled lagged somewhat behind, together comprising a further 40%.

Fresh or chilled domestic geese, not cut in pieces, with a CAGR of +12.3%, recorded the highest growth rate of the value of imports, in terms of the main imported products over the period under review, while purchases for the other products experienced more modest paces of growth.

Import Prices By Type

In 2022, the average duck and goose meat import price amounted to $5,349 per ton, picking up by 22% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the product type; the product with the highest price was fatty livers of domestic geese, fresh or chilled ($33,728 per ton), while the price for frozen domestic ducks, not cut in pieces ($3,356 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by fresh or chilled domestic geese, not cut in pieces (+8.9%), while the other products experienced more modest paces of growth.

Import Prices By Country

In 2022, the average duck and goose meat import price amounted to $5,349 per ton, rising by 22% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was France ($9,632 per ton), while Cambodia ($1,532 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+6.5%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Duck and Goose Meat

In 2022, global exports of duck and goose meat contracted to 251K tons, reducing by -9% compared with the previous year. In general, exports continue to indicate a slight decline. The most prominent rate of growth was recorded in 2017 when exports increased by 29% against the previous year. As a result, the exports attained the peak of 447K tons. From 2018 to 2022, the growth of the global exports remained at a lower figure.

In value terms, duck and goose meat exports expanded rapidly to $1.3B in 2022. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. The global exports peaked at $1.5B in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports By Country

In 2022, Poland (53K tons), China (52K tons) and Hungary (39K tons) was the largest exporter of duck and goose meat in the world, comprising 58% of total export. It was distantly followed by France (22K tons), the Netherlands (21K tons) and Bulgaria (14K tons), together making up a 23% share of total exports. Thailand (7.8K tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Thailand (with a CAGR of +11.1%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest duck and goose meat supplying countries worldwide were Poland ($273M), Hungary ($231M) and France ($195M), together accounting for 53% of global exports. China, Bulgaria, the Netherlands and Thailand lagged somewhat behind, together comprising a further 32%.

In terms of the main exporting countries, Thailand, with a CAGR of +14.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Exports By Type

Frozen domestic ducks, not cut in pieces (89K tons) and frozen cuts and edible offal of domestic ducks (63K tons) represented roughly 61% of total exports in 2022. Fresh or chilled domestic ducks, not cut in pieces (30K tons) took the next position in the ranking, followed by fresh or chilled cuts and edible offal of domestic ducks (excluding fatty livers) (16K tons), fresh or chilled domestic geese, not cut in pieces (15K tons) and frozen cuts and edible offal of domestic geese (15K tons). All these products together took approx. 30% share of total exports. Meat and edible offal of domestic guinea fowls, fresh, chilled or frozen (11K tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for fresh or chilled domestic geese, not cut in pieces (with a CAGR of +1.3%), while shipments for the other products experienced more modest paces of growth.

In value terms, the largest types of exported duck and goose meat were frozen cuts and edible offal of domestic ducks ($419M), frozen domestic ducks, not cut in pieces ($283M) and fresh or chilled cuts and edible offal of domestic ducks (excluding fatty livers) ($137M), together accounting for 64% of global exports. Frozen cuts and edible offal of domestic geese, fresh or chilled domestic ducks, not cut in pieces, fresh or chilled domestic geese, not cut in pieces, frozen domestic geese, not cut in pieces, meat and edible offal of domestic guinea fowls, fresh, chilled or frozen, fatty livers of domestic ducks, fresh or chilled, fresh or chilled cuts and edible offal of domestic geese (excluding fatty livers) and fatty livers of domestic geese, fresh or chilled lagged somewhat behind, together accounting for a further 36%.

Fresh or chilled domestic geese, not cut in pieces, with a CAGR of +7.7%, recorded the highest rates of growth with regard to the value of exports, among the main exported products over the period under review, while shipments for the other products experienced more modest paces of growth.

Export Prices By Type

In 2022, the average duck and goose meat export price amounted to $5,244 per ton, with an increase of 22% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the product type; the product with the highest price was fatty livers of domestic geese, fresh or chilled ($36,747 per ton), while the average price for exports of frozen domestic ducks, not cut in pieces ($3,173 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by fresh or chilled domestic geese, not cut in pieces (+6.3%), while the other products experienced more modest paces of growth.

Export Prices By Country

In 2022, the average duck and goose meat export price amounted to $5,244 per ton, growing by 22% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($10,428 per ton), while China ($3,212 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+3.1%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform