Price for Frozen Domestic Ducks, Not Cut in Pieces in South Korea - 2022
Contents:
- Price for Frozen Domestic Ducks, Not Cut in Pieces in South Korea (CIF) - 2022
- Price for Frozen Domestic Ducks, Not Cut in Pieces in South Korea (FOB) - 2022
- Imports of Frozen Domestic Ducks, Not Cut in Pieces in South Korea
- Exports of Frozen Domestic Ducks, Not Cut in Pieces in South Korea
Price for Frozen Domestic Ducks, Not Cut in Pieces in South Korea (CIF) - 2022
In 2022, the average import price for frozen domestic ducks, not cut in pieceses amounted to $4,302 per ton, surging by 66% against the previous year. Over the period under review, the import price, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2013 an increase of 280% against the previous year. As a result, import price attained the peak level of $29,541 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Thailand.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.7% per year.
Price for Frozen Domestic Ducks, Not Cut in Pieces in South Korea (FOB) - 2022
In 2022, the average export price for frozen domestic ducks, not cut in pieceses amounted to $2,894 per ton, flattening at the previous year. Over the period under review, the export price saw significant growth. The export price peaked at $11,590 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Armenia ($3,160 per ton), while the average price for exports to Guatemala ($917 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 Guatemala (0.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Domestic Ducks, Not Cut in Pieces in South Korea
In 2022, imports of frozen domestic ducks, not cut in pieceses into South Korea shrank dramatically to 7.9 tons, with a decrease of -93.8% on 2021 figures. Over the period under review, imports showed a precipitous slump. The pace of growth was the most pronounced in 2021 when imports increased by 826%. As a result, imports attained the peak of 128 tons, and then fell remarkably in the following year.
In value terms, imports of frozen domestic ducks, not cut in pieceses reduced dramatically to $34K in 2022. In general, imports saw a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 1,032% against the previous year. As a result, imports attained the peak of $331K, and then dropped remarkably in the following year.
| Import of Frozen Domestic Ducks, Not Cut in Pieces in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 53.0 | 24.8 | 260 | 34.1 | -13.7% |
| Germany | 3.4 | 0.7 | 11.2 | N/A | 81.5% |
| Netherlands | 0.8 | 0.9 | 23.7 | N/A | 444.3% |
| Canada | N/A | N/A | 18.7 | N/A | 0% |
| Others | 6.1 | 2.9 | 17.5 | N/A | 69.4% |
| Total | 63.4 | 29.2 | 331 | 34.1 | -18.7% |
Top Suppliers of Frozen Domestic Ducks, Not Cut in Pieces to South Korea in 2022:
- Thailand (7.9 tons)
Exports of Frozen Domestic Ducks, Not Cut in Pieces in South Korea
In 2022, the amount of frozen domestic ducks, not cut in pieceses exported from South Korea reduced rapidly to 254 kg, shrinking by -50.1% compared with the year before. Over the period under review, exports showed a dramatic decline.
In value terms, exports of frozen domestic ducks, not cut in pieceses dropped markedly to $735 in 2022. In general, exports continue to indicate a precipitous setback.
| Export of Frozen Domestic Ducks, Not Cut in Pieces in South Korea (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Armenia | N/A | 670 | 0% | ||
| Nicaragua | N/A | 54.0 | 0% | ||
| Guatemala | N/A | 11.0 | 0% | ||
| Hong Kong SAR | 2.0 | N/A | 0% | ||
| Malaysia | 78.0 | N/A | 0% | ||
| Singapore | 39.0 | N/A | 0% | ||
| Bangladesh | 1,313 | N/A | 0% | ||
| Others | 40.0 | N/A | 0% | ||
| Total | 1,472 | 735 | -50.1% | ||
Top Export Markets for Frozen Domestic Ducks, Not Cut in Pieces from South Korea in 2022:
- Armenia (212.0 kg)
- Nicaragua (30.0 kg)
- Guatemala (12.0 kg)
296
This report provides an in-depth analysis of the market for frozen whole geese, ducks and guinea fowls in Republic of Korea.
329
This report provides an in-depth analysis of the market for fresh or chilled or frozen whole geese, ducks and guinea fowls in Republic of Korea.
377
This report provides an in-depth analysis of the frozen turkey cut market in Republic of Korea.
405
This report provides an in-depth analysis of the frozen whole turkey market in Republic of Korea.
497
This report provides an in-depth analysis of the frozen whole chicken market in Republic of Korea.
390
This report provides an in-depth analysis of the frozen poultry liver market in Republic of Korea.
788
This report provides an in-depth analysis of the duck meat market in Republic of Korea.
381
This report provides an in-depth analysis of the market for frozen cuts of ducks, geese and guinea fowls in Republic of Korea.
470
This report provides an in-depth analysis of the frozen chicken cut market in Republic of Korea.
395
This report provides an in-depth analysis of the market for fresh or chilled whole turkey in Republic of Korea.
1990
In 2015, the country with the largest volume of the duck meat output was China (X thousand tons), accounting for X% of global production. The third position in this ranking was occupied by Hungary with a share of X>
2848
The Netherlands dominates in the global trade of duck, goose and guinea fowl. In 2014, the Netherlands exported X million units of duck, goose and guinea fowl totaling X million USD, X% over the previous year. Its primary trading partner was Germany,
411
Discover the top import markets for frozen chicken cut worldwide, including China, Japan, the Netherlands, UAE, Philippines, Ghana, Saudi Arabia, South Korea, France, and Germany. Explore key statistics and market trends driving the demand for this popular poultry product. Stay informed with IndexBox market intelligence to seize potential opportunities.
290
Explore the top 10 import markets for fresh chicken cut based on import value data provided by the IndexBox market intelligence platform. Find out which countries are leading the way in importing this popular poultry product.
530
Chicken meat is one of the most widely consumed and versatile meats in the world. This article explores the top import markets for chicken meat based on import value data. China leads as the largest importer, followed by the United Kingdom, France, Germany, Japan, the Netherlands, Saudi Arabia, the United Arab Emirates, Mexico, and Hong Kong SAR. These markets are driven by factors such as changing consumption patterns, increasing population, growing tourism, and thriving foodservice industries.
246
Discover the top import markets for poultry, including China, Germany, the United Kingdom, France, and Japan. These countries heavily rely on imports to meet the growing demand for poultry products. Exporters can capitalize on these markets by tailoring their offerings to meet specific preferences and requirements. With market intelligence from platforms like IndexBox, businesses can gain valuable insights and seize the opportunities presented by these import markets.
525
The global chicken meat market is projected to reach $262 billion by 2030, growing at a CAGR of 3.4%.
1864
In December 2021, the chicken price peaked at $2.74 per kg, gaining 17% from a month earlier. The average annual figure is forecast to rise from $2.26 per kg last year to $2.30 per kg in 2022.
1054
Since the start of 2021, prices in the global chicken meat market shot up as a result of high demand, rising costs for feed grain and food as well as a decreasing rate of chicken slaughter in the EU, South Korea and Japan. Heightened costs for shipping containers are additionally driving the growth in export prices. As of year-end 2021, worldwide production and exports of chicken meat are forecast to remain at the previous year’s level. Demand for chicken meat in China is dropping while the pig population in the country is recovering and hog prices are decreasing. Saudi Arabia’s ban on imports of chicken products from Brazil may lead to diminished exports from that country.
1208
In 2020, global duck and goose meat imports increased by +3.3% y-o-y to 268K tons and reached $1.1B in value terms. Germany and Hong Kong constitute the largest importers of these products worldwide. In 2020, Spain, Denmark, Belgium and the Netherlands saw the highest spikes in imports in physical terms. Over the last year, the average duck and goose meat import price rose by +6.5% y-o-y. Hungary, China, Poland and France are the key suppliers worldwide, with a combined 66%-share of the global export volume.
