Price for Frozen Cuts and Edible Offal of Domestic Ducks in Canada - 2023
Contents:
- Price for Frozen Cuts and Edible Offal of Domestic Ducks in Canada (FOB) - 2023
- Price for Frozen Cuts and Edible Offal of Domestic Ducks in Canada (CIF) - 2023
- Exports of Frozen Cuts and Edible Offal of Domestic Ducks in Canada
- Imports of Frozen Cuts and Edible Offal of Domestic Ducks in Canada
Price for Frozen Cuts and Edible Offal of Domestic Ducks in Canada (FOB) - 2023
In December 2023, the average export price for frozen cuts and edible offal of domestic duckses amounted to $21,033 per ton, reducing by -20.8% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2023 an increase of 46% against the previous month. Over the period under review, the average export prices attained the maximum at $28,591 per ton in April 2023; however, from May 2023 to December 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From December 2022 to December 2023, the rate of growth in terms of prices for the United States amounted to +0.9% per month.
Price for Frozen Cuts and Edible Offal of Domestic Ducks in Canada (CIF) - 2023
In December 2023, the average import price for frozen cuts and edible offal of domestic duckses amounted to $6,052 per ton, with an increase of 27% against the previous month. Over the period under review, the import price, however, continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in July 2023 an increase of 69% month-to-month. Over the period under review, average import prices attained the peak figure at $6,920 per ton in December 2022; however, from January 2023 to December 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Hungary ($8,142 per ton), while the price for the United States ($2,657 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by France (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Frozen Cuts and Edible Offal of Domestic Ducks in Canada
Exports of frozen cuts and edible offal of domestic duckses from Canada declined markedly to 747 tons in 2022, which is down by -19.3% on the previous year. The total export volume increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 37%. As a result, the exports reached the peak of 925 tons, and then dropped markedly in the following year.
In value terms, exports of frozen cuts and edible offal of domestic duckses contracted slightly to $13M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +35.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40%. As a result, the exports attained the peak of $13M, and then declined in the following year.
| Export of Frozen Cuts and Edible Offal of Domestic Ducks in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.6 | 8.2 | 11.8 | 10.6 | 7.2% |
| Taiwan (Chinese) | 0.9 | 1.0 | 0.8 | 1.1 | 6.9% |
| Singapore | N/A | N/A | 0.1 | 0.5 | 400.0% |
| Jordan | N/A | N/A | N/A | 0.2 | 0% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 9.5 | 9.2 | 12.9 | 12.5 | 9.6% |
Top Export Markets for Frozen Cuts and Edible Offal of Domestic Ducks from Canada in 2022:
- United States (551.4 tons)
- Taiwan (Chinese) (111.4 tons)
- Singapore (54.1 tons)
- Jordan (30.1 tons)
Imports of Frozen Cuts and Edible Offal of Domestic Ducks in Canada
In 2022, overseas purchases of frozen cuts and edible offal of domestic duckses decreased by -50.9% to 789 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports faced a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 12% against the previous year. As a result, imports reached the peak of 1.6K tons, and then contracted rapidly in the following year.
In value terms, imports of frozen cuts and edible offal of domestic duckses shrank dramatically to $3.4M in 2022. Over the period under review, imports showed a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 12% against the previous year. As a result, imports reached the peak of $7.2M, and then contracted dramatically in the following year.
| Import of Frozen Cuts and Edible Offal of Domestic Ducks in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 5.0 | 2.4 | 3.5 | 1.4 | -34.6% |
| United States | 0.3 | 2.2 | 0.3 | 1.2 | 58.7% |
| France | 0.5 | 1.4 | 2.3 | 0.8 | 17.0% |
| Portugal | 0.2 | 0.4 | 1.1 | 0.1 | -20.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.1 | 6.4 | 7.2 | 3.4 | -17.7% |
Top Suppliers of Frozen Cuts and Edible Offal of Domestic Ducks to Canada in 2022:
- United States (345.0 tons)
- Hungary (233.7 tons)
- France (167.9 tons)
- Portugal (42.8 tons)
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