Price for Frozen Cuts and Edible Offal of Domestic Ducks in Portugal - 2023
Contents:
- Price for Frozen Cuts and Edible Offal of Domestic Ducks in Portugal (CIF) - 2022
- Price for Frozen Cuts and Edible Offal of Domestic Ducks in Portugal (FOB) - 2022
- Imports of Frozen Cuts and Edible Offal of Domestic Ducks in Portugal
- Exports of Frozen Cuts and Edible Offal of Domestic Ducks in Portugal
Price for Frozen Cuts and Edible Offal of Domestic Ducks in Portugal (CIF) - 2022
The average import price for frozen cuts and edible offal of domestic duckses stood at $6,564 per ton in 2022, increasing by 24% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for frozen cuts and edible offal of domestic duckses decreased by -2.9% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 43% against the previous year. Over the period under review, average import prices attained the maximum at $6,760 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($16,374 per ton), while the price for the Netherlands ($3,333 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+13.1%), 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 Portugal (FOB) - 2022
In 2022, the average export price for frozen cuts and edible offal of domestic duckses amounted to $1,551 per ton, reducing by -14.7% against the previous year. Over the period under review, the export price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2014 an increase of 48% against the previous year. As a result, the export price reached the peak level of $2,967 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($9,668 per ton), while the average price for exports to Hong Kong SAR ($844 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+48.8%), 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 Portugal
In 2022, approx. 323 tons of frozen cuts and edible offal of domestic duckses were imported into Portugal; shrinking by -16.8% compared with the previous year's figure. Over the period under review, imports, however, posted a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 206% against the previous year. As a result, imports attained the peak of 388 tons, and then shrank sharply in the following year.
In value terms, imports of frozen cuts and edible offal of domestic duckses expanded to $2.1M in 2022. In general, imports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2021 when imports increased by 139% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
Import of Frozen Cuts and Edible Offal of Domestic Ducks in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 897 | 561 | 713 | 968 | 2.6% |
Poland | N/A | N/A | 99.0 | 479 | 383.8% |
Spain | 268 | 39.6 | 276 | 190 | -10.8% |
Hungary | 67.3 | 27.5 | 291 | 170 | 36.2% |
Netherlands | 290 | 158 | 250 | 161 | -17.8% |
Belgium | 78.3 | 18.6 | 218 | 106 | 10.6% |
Germany | 16.8 | 38.9 | 89.1 | 39.9 | 33.4% |
Slovakia | N/A | N/A | 78.6 | N/A | 0% |
Others | 8.6 | 12.8 | 34.7 | 8.4 | -0.8% |
Total | 1,626 | 857 | 2,049 | 2,122 | 9.3% |
Top Suppliers of Frozen Cuts and Edible Offal of Domestic Ducks to Portugal in 2022:
- Poland (118.9 tons)
- France (67.9 tons)
- Netherlands (48.3 tons)
- Hungary (42.7 tons)
- Spain (29.6 tons)
- Germany (7.7 tons)
- Belgium (6.5 tons)
Exports of Frozen Cuts and Edible Offal of Domestic Ducks in Portugal
In 2022, after three years of growth, there was significant decline in shipments abroad of frozen cuts and edible offal of domestic duckses, when their volume decreased by -29.7% to 1.2K tons. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +6.0% 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 +19.0% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 50%. As a result, the exports reached the peak of 1.7K tons, and then shrank rapidly in the following year.
In value terms, exports of frozen cuts and edible offal of domestic duckses declined markedly to $1.8M in 2022. Over the period under review, exports, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 76% against the previous year. As a result, the exports attained the peak of $3M, and then shrank dramatically in the following year.
Export of Frozen Cuts and Edible Offal of Domestic Ducks in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 693 | 616 | 776 | 908 | 9.4% |
Italy | 34.4 | 120 | 381 | 441 | 134.0% |
Bulgaria | N/A | 15.0 | 92.4 | 65.3 | 108.6% |
Ireland | N/A | N/A | 112 | 62.3 | -44.4% |
Equatorial Guinea | 0.6 | N/A | 78.9 | 50.0 | 336.8% |
Netherlands | N/A | 32.0 | 41.3 | 49.2 | 24.0% |
United States | N/A | N/A | N/A | 46.5 | 0% |
Hong Kong SAR | 18.9 | 22.3 | N/A | 45.7 | 34.2% |
Congo | 22.5 | 80.8 | 309 | 41.6 | 22.7% |
United Kingdom | 2.5 | 208 | 0.1 | 35.2 | 141.5% |
Others | 347 | 637 | 1,258 | 82.7 | -38.0% |
Total | 1,119 | 1,731 | 3,049 | 1,827 | 17.8% |
Top Export Markets for Frozen Cuts and Edible Offal of Domestic Ducks from Portugal in 2022:
- Spain (432.7 tons)
- Italy (425.1 tons)
- Hong Kong SAR (54.1 tons)
- Ireland (51.1 tons)
- Bulgaria (44.7 tons)
- United Kingdom (34.9 tons)
- Netherlands (33.2 tons)
- United States (27.0 tons)
- Equatorial Guinea (24.6 tons)
- Congo (24.5 tons)
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