Price for Frozen Cuts and Edible Offal of Domestic Ducks in Denmark - 2023
Contents:
- Price for Frozen Cuts and Edible Offal of Domestic Ducks in Denmark (CIF) - 2023
- Price for Frozen Cuts and Edible Offal of Domestic Ducks in Denmark (FOB) - 2023
- Imports of Frozen Cuts and Edible Offal of Domestic Ducks in Denmark
- Exports of Frozen Cuts and Edible Offal of Domestic Ducks in Denmark
Price for Frozen Cuts and Edible Offal of Domestic Ducks in Denmark (CIF) - 2023
In September 2023, the average import price for frozen cuts and edible offal of domestic duckses amounted to $10,730 per ton, reducing by -9.8% against the previous month. In general, import price indicated a perceptible expansion from September 2022 to September 2023: its price increased at an average monthly rate of +3.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, import price for frozen cuts and edible offal of domestic duckses decreased by -13.5% against July 2023 indices. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 33% m-o-m. As a result, import price reached the peak level of $14,726 per ton. From May 2023 to September 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the countries with the highest prices were Hungary ($11,131 per ton) and France ($10,938 per ton), while the price for the Netherlands ($8,043 per ton) and Poland ($9,417 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Hungary (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Cuts and Edible Offal of Domestic Ducks in Denmark (FOB) - 2023
In October 2023, the average export price for frozen cuts and edible offal of domestic duckses amounted to $11,227 per ton, dropping by -34% against the previous month. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when the average export price increased by 29% against the previous month. The export price peaked at $17,745 per ton in July 2023; however, from August 2023 to October 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Finland ($17,797 per ton), while the average price for exports to Faroe Islands ($7,575 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (+8.4%), 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 Denmark
In 2022, the amount of frozen cuts and edible offal of domestic duckses imported into Denmark shrank notably to 1K tons, declining by -18.8% against 2021. Overall, imports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2021 when imports increased by 28%. As a result, imports reached the peak of 1.3K tons, and then fell dramatically in the following year.
In value terms, imports of frozen cuts and edible offal of domestic duckses declined modestly to $8.7M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 39%. As a result, imports reached the peak of $9M, and then contracted slightly in the following year.
| Import of Frozen Cuts and Edible Offal of Domestic Ducks in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 5.1 | 3.2 | 5.2 | 3.5 | -11.8% |
| Hungary | 1.7 | 1.3 | 2.3 | 3.0 | 20.8% |
| Poland | 0.7 | 1.0 | 1.1 | 1.5 | 28.9% |
| Netherlands | 0.5 | 0.4 | 0.4 | 0.5 | 0.0% |
| Others | 0.4 | 0.5 | 0.1 | 0.2 | -20.6% |
| Total | 8.5 | 6.5 | 9.0 | 8.7 | 0.8% |
Top Suppliers of Frozen Cuts and Edible Offal of Domestic Ducks to Denmark in 2022:
- Hungary (393.5 tons)
- France (369.5 tons)
- Poland (183.9 tons)
- Netherlands (55.9 tons)
Exports of Frozen Cuts and Edible Offal of Domestic Ducks in Denmark
In 2022, approx. 120 tons of frozen cuts and edible offal of domestic duckses were exported from Denmark; reducing by -19.9% against the previous year. In general, exports recorded a dramatic setback. The growth pace was the most rapid in 2021 when exports increased by 20%.
In value terms, exports of frozen cuts and edible offal of domestic duckses soared to $1.5M in 2022. Over the period under review, exports continue to indicate a abrupt decrease.
| Export of Frozen Cuts and Edible Offal of Domestic Ducks in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 1,562 | 784 | 582 | 944 | -15.5% |
| Iceland | 207 | 116 | 284 | 167 | -6.9% |
| Greenland | 71.2 | 65.2 | 92.8 | 138 | 24.7% |
| Finland | 137 | 84.7 | 109 | 120 | -4.3% |
| Norway | 91.3 | 41.4 | 82.7 | 63.3 | -11.5% |
| Faroe Islands | 25.7 | 39.7 | 29.6 | 21.6 | -5.6% |
| Malaysia | N/A | N/A | 43.3 | N/A | 0% |
| Romania | 347 | N/A | N/A | N/A | 0% |
| Others | 77.0 | 33.4 | 37.2 | 27.3 | -29.2% |
| Total | 2,518 | 1,164 | 1,261 | 1,482 | -16.2% |
Top Export Markets for Frozen Cuts and Edible Offal of Domestic Ducks from Denmark in 2022:
- Sweden (69.5 tons)
- Iceland (16.2 tons)
- Greenland (12.8 tons)
- Finland (12.0 tons)
- Norway (5.5 tons)
- Faroe Islands (2.3 tons)
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