Price for Frozen Cuts and Edible Offal of Domestic Ducks in Estonia - 2023
Contents:
- Price for Frozen Cuts and Edible Offal of Domestic Ducks in Estonia (CIF) - 2023
- Price for Frozen Cuts and Edible Offal of Domestic Ducks in Estonia (FOB) - 2023
- Imports of Frozen Cuts and Edible Offal of Domestic Ducks in Estonia
- Exports of Frozen Cuts and Edible Offal of Domestic Ducks in Estonia
Price for Frozen Cuts and Edible Offal of Domestic Ducks in Estonia (CIF) - 2023
The average import price for frozen cuts and edible offal of domestic duckses stood at $7,169 per ton in October 2023, dropping by -30.3% against the previous month. Over the period under review, the import price recorded a mild slump. The pace of growth appeared the most rapid in May 2023 an increase of 32% against the previous month. The import price peaked at $12,055 per ton in June 2023; however, from July 2023 to October 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the Netherlands ($58,042 per ton), while the price for Finland ($5,234 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+19.5%), 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 Estonia (FOB) - 2023
The average export price for frozen cuts and edible offal of domestic duckses stood at $8,342 per ton in October 2023, with a decrease of -13.8% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in November 2022 an increase of 57% m-o-m. The export price peaked at $12,288 per ton in March 2023; however, from April 2023 to October 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Latvia ($14,776 per ton), while the average price for exports to Finland ($2,097 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 Latvia (+10.3%), 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 Estonia
In 2022, approx. 259 tons of frozen cuts and edible offal of domestic duckses were imported into Estonia; declining by -2.8% compared with 2021 figures. In general, imports continue to indicate a pronounced setback. The pace of growth was the most pronounced in 2021 when imports increased by 48% against the previous year.
In value terms, imports of frozen cuts and edible offal of domestic duckses surged to $2.4M in 2022. Overall, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 56% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Frozen Cuts and Edible Offal of Domestic Ducks in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 288 | 231 | 238 | 793 | 40.2% |
| Netherlands | 206 | 179 | 351 | 552 | 38.9% |
| Hungary | 800 | 340 | 758 | 421 | -19.3% |
| Finland | 0.2 | 0.1 | 0.5 | 283 | 1022.7% |
| Belgium | 81.9 | 116 | 52.2 | 148 | 21.8% |
| Latvia | N/A | 38.4 | 48.1 | 103 | 63.8% |
| Lithuania | 6.0 | 33.3 | 75.3 | 81.6 | 138.7% |
| Bulgaria | 173 | 44.5 | 32.8 | 13.1 | -57.7% |
| Others | 70.1 | 36.9 | 35.9 | 11.9 | -44.6% |
| Total | 1,625 | 1,019 | 1,592 | 2,407 | 14.0% |
Top Suppliers of Frozen Cuts and Edible Offal of Domestic Ducks to Estonia in 2022:
- Poland (78.3 tons)
- Netherlands (74.4 tons)
- Hungary (37.9 tons)
- Finland (23.3 tons)
- Belgium (18.3 tons)
- Lithuania (12.8 tons)
- Latvia (9.7 tons)
- Bulgaria (2.4 tons)
Exports of Frozen Cuts and Edible Offal of Domestic Ducks in Estonia
Exports of frozen cuts and edible offal of domestic duckses from Estonia expanded sharply to 53 tons in 2022, surging by 8.7% on 2021. Over the period under review, exports, however, showed a sharp decrease. The growth pace was the most rapid in 2021 when exports increased by 16%.
In value terms, exports of frozen cuts and edible offal of domestic duckses soared to $447K in 2022. In general, exports, however, continue to indicate a abrupt decline.
| Export of Frozen Cuts and Edible Offal of Domestic Ducks in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 83.4 | 22.7 | N/A | 292 | 51.8% |
| Latvia | 93.3 | 60.7 | 89.0 | 81.8 | -4.3% |
| Lithuania | 3.4 | N/A | 65.8 | 24.9 | 94.2% |
| Netherlands | 32.5 | 21.4 | 10.8 | 13.6 | -25.2% |
| Germany | 378 | 85.5 | 86.9 | 12.8 | -67.6% |
| Finland | 19.0 | 13.9 | 8.9 | 12.5 | -13.0% |
| Others | 9.0 | N/A | 12.9 | 9.7 | 2.5% |
| Total | 618 | 204 | 274 | 447 | -10.2% |
Top Export Markets for Frozen Cuts and Edible Offal of Domestic Ducks from Estonia in 2022:
- Italy (30.9 tons)
- Latvia (12.4 tons)
- Lithuania (3.5 tons)
- Netherlands (2.8 tons)
- Germany (1.5 tons)
- Finland (1.3 tons)
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