Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Portugal - 2023

Contents:

1. Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Portugal (CIF) - 2023
2. Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Portugal (FOB) - 2022
3. Imports of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Portugal
4. Exports of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Portugal

Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Portugal (CIF) - 2023

In October 2023, the average import price for poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat amounted to $6.1 per unit, with a decrease of -5.6% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 5.7% month-to-month. Over the period under review, average import prices reached the maximum at $6.6 per unit in June 2023; however, from July 2023 to October 2023, import prices failed to regain momentum.

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

From October 2022 to October 2023, the rate of growth in terms of prices for France amounted to +0.8% per month.

Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Portugal (FOB) - 2022

The average export price for poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat stood at $48 per unit in 2021, dropping by -31.8% against the previous year. Over the period under review, the export price, however, showed a prominent increase. The pace of growth appeared the most rapid in 2019 an increase of 192% against the previous year. The export price peaked at $71 per unit in 2020, and then contracted sharply in the following year.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Chile ($385 per unit), while the average price for exports to Singapore totaled $32 per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+3.5%).

Imports of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Portugal

In 2022, after two years of decline, there was significant growth in purchases abroad of poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat, when their volume increased by 16% to 81K units. In general, imports, however, continue to indicate a precipitous setback. Imports peaked at 648K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat expanded significantly to $4.3M in 2022. The total import value increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 17%. As a result, imports attained the peak of $4.6M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g to Portugal in 2022:

1. France (78.5K units)
2. Spain (1.8K units)

Exports of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Portugal

In 2021, exports of poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat from Portugal soared to 310 units, increasing by 496% compared with 2020. In general, exports posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 940% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, exports of poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat skyrocketed to $15K in 2021. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,552%. Over the period under review, the exports of attained the peak figure in 2021 and are expected to retain growth in the near future.

Top Export Markets for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g from Portugal in 2022:

1. Singapore (296.0 units)
2. Chile (14.0 units)

Source: IndexBox Market Intelligence Platform