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

Contents:

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

Price for Frozen Cuts and Edible Offal of Domestic Ducks in South Africa (FOB) - 2022

In 2022, the average export price for frozen cuts and edible offal of domestic duckses amounted to $3,204 per ton, growing by 37% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 38%. Over the period under review, the average export prices hit record highs at $3,930 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Nigeria ($9,472 per ton), while the average price for exports to Lesotho ($1,190 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 Botswana (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for frozen cuts and edible offal of domestic duckses amounted to $7,020 per ton, shrinking by -2.8% against the previous year. Overall, the import price, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2018 an increase of 67% against the previous year. The import price peaked at $7,222 per ton in 2021, and then reduced in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +6.6% per year.

Exports of Frozen Cuts and Edible Offal of Domestic Ducks in South Africa

In 2022, exports of frozen cuts and edible offal of domestic duckses from South Africa skyrocketed to 46 tons, with an increase of 54% against the year before. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 153%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of frozen cuts and edible offal of domestic duckses soared to $148K in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Frozen Cuts and Edible Offal of Domestic Ducks in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mozambique3.35.05.560.8164.1%
Namibia17.94.013.232.922.5%
Lesotho25.32.624.819.8-7.8%
Nigeria3.00.814.914.569.1%
Democratic Republic of the Congo16.9N/AN/A9.7-16.9%
Botswana4.417.3N/AN/A293.2%
SwazilandN/A1.92.0N/A5.3%
Others2.24.510.010.769.4%
Total73.036.170.314826.6%

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

  1. Mozambique (17.9 tons)
  2. Lesotho (16.6 tons)
  3. Namibia (7.2 tons)
  4. Democratic Republic of the Congo (2.0 tons)
  5. Nigeria (1.5 tons)

Imports of Frozen Cuts and Edible Offal of Domestic Ducks in South Africa

In 2022, the amount of frozen cuts and edible offal of domestic duckses imported into South Africa dropped markedly to 6.1 tons, which is down by -59.6% on 2021. Over the period under review, imports saw a dramatic setback. The pace of growth appeared the most rapid in 2021 when imports increased by 22% against the previous year.

In value terms, imports of frozen cuts and edible offal of domestic duckses dropped markedly to $43K in 2022. In general, imports recorded a sharp decrease. The pace of growth was the most pronounced in 2021 when imports increased by 23% against the previous year.

Import of Frozen Cuts and Edible Offal of Domestic Ducks in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand43.889.011041.9-1.5%
Brazil105N/AN/AN/A0%
OthersN/AN/AN/A1.10%
Total14989.011043.0-33.9%

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

  1. Thailand (6.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Meat and edible offal; of ducks, cuts and offal, excluding fatty livers, frozen - South Africa