Price for Frozen Cuts and Edible Offal of Domestic Ducks in Belgium - 2023

Contents:

  1. Price for Frozen Cuts and Edible Offal of Domestic Ducks in Belgium (CIF) - 2023
  2. Price for Frozen Cuts and Edible Offal of Domestic Ducks in Belgium (FOB) - 2023
  3. Imports of Frozen Cuts and Edible Offal of Domestic Ducks in Belgium
  4. Exports of Frozen Cuts and Edible Offal of Domestic Ducks in Belgium

Price for Frozen Cuts and Edible Offal of Domestic Ducks in Belgium (CIF) - 2023

The average import price for frozen cuts and edible offal of domestic duckses stood at $602 per ton in August 2023, which is down by -93.7% against the previous month. Over the period under review, the import price faced a deep setback. The most prominent rate of growth was recorded in September 2022 an increase of 58% against the previous month. Over the period under review, average import prices reached the peak figure at $11,683 per ton in March 2023; however, from April 2023 to August 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($5,776 per ton), while the price for Hungary ($450 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Portugal (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Frozen Cuts and Edible Offal of Domestic Ducks in Belgium (FOB) - 2023

The average export price for frozen cuts and edible offal of domestic duckses stood at $17,452 per ton in October 2023, with an increase of 15% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average export price increased by 25% m-o-m. The export price peaked in October 2023.

Prices varied noticeably by the country of destination: the country with the highest price was New Caledonia ($31,640 per ton), while the average price for exports to the UK stood at $14,524 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Cuts and Edible Offal of Domestic Ducks in Belgium

In 2022, imports of frozen cuts and edible offal of domestic duckses into Belgium surged to 4.4K tons, picking up by 22% compared with 2021. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 56% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of frozen cuts and edible offal of domestic duckses skyrocketed to $28M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 60% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Import of Frozen Cuts and Edible Offal of Domestic Ducks in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria6.65.08.113.426.6%
Hungary10.06.39.87.6-8.7%
France3.32.23.92.7-6.5%
Netherlands0.70.60.81.837.0%
PolandN/A0.40.51.593.6%
PortugalN/A0.10.10.241.4%
Others0.20.20.50.644.2%
Total20.814.823.727.810.2%

Top Suppliers of Frozen Cuts and Edible Offal of Domestic Ducks to Belgium in 2022:

  1. Bulgaria (1579.2 tons)
  2. Hungary (1034.9 tons)
  3. Poland (804.7 tons)
  4. France (388.9 tons)
  5. Netherlands (272.0 tons)
  6. Portugal (229.0 tons)

Exports of Frozen Cuts and Edible Offal of Domestic Ducks in Belgium

In 2022, the amount of frozen cuts and edible offal of domestic duckses exported from Belgium contracted dramatically to 2K tons, which is down by -22.2% compared with the previous year. In general, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 70% against the previous year. As a result, the exports attained the peak of 2.5K tons, and then shrank notably in the following year.

In value terms, exports of frozen cuts and edible offal of domestic duckses soared to $26M in 2022. Over the period under review, exports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 81%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

Export of Frozen Cuts and Edible Offal of Domestic Ducks in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France9.45.710.810.84.7%
Hungary1.11.42.46.076.0%
Spain4.43.25.74.93.7%
Netherlands1.10.90.81.613.3%
Germany0.20.20.10.644.2%
PolandN/AN/AN/A0.40%
Estonia0.50.1N/A0.2-26.3%
Others1.00.82.51.26.3%
Total17.612.422.425.813.6%

Top Export Markets for Frozen Cuts and Edible Offal of Domestic Ducks from Belgium in 2022:

  1. France (571.8 tons)
  2. Hungary (512.6 tons)
  3. Netherlands (280.2 tons)
  4. Spain (255.4 tons)
  5. Germany (183.5 tons)
  6. Poland (41.7 tons)
  7. Estonia (22.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Meat and edible offal; of ducks, cuts and offal, excluding fatty livers, frozen - Belgium