Price for Frozen Cuts and Edible Offal of Domestic Ducks in South Korea - 2022
Contents:
- Price for Frozen Cuts and Edible Offal of Domestic Ducks in South Korea (FOB) - 2022
- Price for Frozen Cuts and Edible Offal of Domestic Ducks in South Korea (CIF) - 2022
- Exports of Frozen Cuts and Edible Offal of Domestic Ducks in South Korea
- Imports of Frozen Cuts and Edible Offal of Domestic Ducks in South Korea
Price for Frozen Cuts and Edible Offal of Domestic Ducks in South Korea (FOB) - 2022
The average export price for frozen cuts and edible offal of domestic duckses stood at $7,497 per ton in 2022, dropping by -6.1% against the previous year. Overall, the export price, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 172%. The export price peaked at $7,984 per ton in 2021, and then reduced in the following year.
As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.
From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +24.5% per year.
Price for Frozen Cuts and Edible Offal of Domestic Ducks in South Korea (CIF) - 2022
In 2022, the average import price for frozen cuts and edible offal of domestic duckses amounted to $941 per ton, with a decrease of -89.5% against the previous year. Overall, the import price showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 129% against the previous year. As a result, import price attained the peak level of $116,797 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
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 Hungary amounted to +65.3% per year.
Exports of Frozen Cuts and Edible Offal of Domestic Ducks in South Korea
In 2022, exports of frozen cuts and edible offal of domestic duckses from South Korea soared to 25 tons, increasing by 36% compared with the year before. Overall, exports, however, showed a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 1,031% against the previous year.
In value terms, exports of frozen cuts and edible offal of domestic duckses surged to $189K in 2022. In general, exports, however, faced a sharp slump. The growth pace was the most rapid in 2021 when exports increased by 1,745% against the previous year.
| Export of Frozen Cuts and Edible Offal of Domestic Ducks in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | N/A | 8.0 | 148 | 189 | 386.1% |
| Vietnam | 2,904 | N/A | N/A | N/A | 0% |
| Others | 2.1 | N/A | N/A | N/A | 0% |
| Total | 2,906 | 8.0 | 148 | 189 | -59.8% |
Top Export Markets for Frozen Cuts and Edible Offal of Domestic Ducks from South Korea in 2022:
- Hong Kong SAR (25.2 tons)
Imports of Frozen Cuts and Edible Offal of Domestic Ducks in South Korea
In 2022, overseas purchases of frozen cuts and edible offal of domestic duckses were finally on the rise to reach 17 kg after two years of decline. In general, imports, however, saw a significant contraction.
In value terms, imports of frozen cuts and edible offal of domestic duckses reduced remarkably to $16 in 2022. Overall, imports, however, saw a sharp reduction.
| Import of Frozen Cuts and Edible Offal of Domestic Ducks in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 308 | 291 | N/A | N/A | -5.5% |
| Thailand | 547 | 73.0 | N/A | N/A | -86.7% |
| Others | 77.2 | N/A | N/A | N/A | 0% |
| Total | 932 | 364 | N/A | N/A | -60.9% |
Top Suppliers of Frozen Cuts and Edible Offal of Domestic Ducks to South Korea in 2022:
- Thailand (17.0 kg)
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