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

Contents:

1. Price for Frozen Cuts and Edible Offal of Domestic Ducks in China (FOB) - 2023
2. Price for Frozen Cuts and Edible Offal of Domestic Ducks in China (CIF) - 2022
3. Exports of Frozen Cuts and Edible Offal of Domestic Ducks in China
4. Imports of Frozen Cuts and Edible Offal of Domestic Ducks in China

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

The average export price for frozen cuts and edible offal of domestic duckses stood at $1,274 per ton in December 2023, waning by -11% against the previous month. Overall, the export price continues to indicate a pronounced descent. The growth pace was the most rapid in June 2023 when the average export price increased by 36% month-to-month. The export price peaked at $2,695 per ton in January 2023; however, from February 2023 to December 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was Hong Kong SAR ($2,504 per ton), while the average price for exports to Democratic People's Republic of Korea ($1,104 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (-0.1%), while the prices for the other major destinations experienced a decline.

Price for Frozen Cuts and Edible Offal of Domestic Ducks in China (CIF) - 2022

The average import price for frozen cuts and edible offal of domestic duckses stood at $2,350 per ton in 2022, declining by -42.4% against the previous year. Over the period under review, the import price, however, showed strong growth. The pace of growth was the most pronounced in 2015 an increase of 451%. The import price peaked at $15,107 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +84.0% per year.

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

In 2022, overseas shipments of frozen cuts and edible offal of domestic duckses were finally on the rise to reach 4.6K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a dramatic contraction.

In value terms, exports of frozen cuts and edible offal of domestic duckses soared to $8.6M in 2022. Overall, exports, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 34%.

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

1. Kyrgyzstan (1918.0 tons)
2. Cambodia (1619.3 tons)
3. Hong Kong SAR (778.9 tons)
4. Russia (113.3 tons)
5. Bahrain (45.3 tons)

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

In 2022, overseas purchases of frozen cuts and edible offal of domestic duckses decreased by -50.4% to 25 tons, falling for the second consecutive year after two years of growth. In general, imports, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 2,783%. As a result, imports reached the peak of 443 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of frozen cuts and edible offal of domestic duckses reduced markedly to $59K in 2022. Over the period under review, imports faced a sharp descent. The pace of growth was the most pronounced in 2020 when imports increased by 2,119% against the previous year. As a result, imports attained the peak of $3.6M. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. United States (25.2 tons)

Source: IndexBox Market Intelligence Platform