Price for Frozen Domestic Ducks, Not Cut in Pieces in Canada - 2023

Contents:

1. Price for Frozen Domestic Ducks, Not Cut in Pieces in Canada (CIF) - 2023
2. Price for Frozen Domestic Ducks, Not Cut in Pieces in Canada (FOB) - 2023
3. Imports of Frozen Domestic Ducks, Not Cut in Pieces in Canada
4. Exports of Frozen Domestic Ducks, Not Cut in Pieces in Canada

Price for Frozen Domestic Ducks, Not Cut in Pieces in Canada (CIF) - 2023

In December 2023, the average import price for frozen domestic ducks, not cut in pieceses amounted to $5,645 per ton, approximately mirroring the previous month. Overall, the import price, however, saw a noticeable contraction. The most prominent rate of growth was recorded in June 2023 an increase of 56% month-to-month. Over the period under review, average import prices attained the maximum at $8,034 per ton in March 2023; however, from April 2023 to December 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the United States ($6,094 per ton), while the price for Hungary stood at $3,010 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Hungary (-1.7%).

Price for Frozen Domestic Ducks, Not Cut in Pieces in Canada (FOB) - 2023

In December 2023, the average export price for frozen domestic ducks, not cut in pieceses amounted to $5,820 per ton, growing by 7.2% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 27% month-to-month. As a result, the export price reached the peak level of $6,592 per ton. From March 2023 to December 2023, the the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From December 2022 to December 2023, the rate of growth in terms of prices for the United States amounted to +0.5% per month.

Imports of Frozen Domestic Ducks, Not Cut in Pieces in Canada

In 2022, purchases abroad of frozen domestic ducks, not cut in pieceses was finally on the rise to reach 602 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports posted a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of frozen domestic ducks, not cut in pieceses surged to $4M in 2022. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Frozen Domestic Ducks, Not Cut in Pieces to Canada in 2022:

1. United States (578.1 tons)
2. Hungary (21.4 tons)
3. Portugal (2.4 tons)

Exports of Frozen Domestic Ducks, Not Cut in Pieces in Canada

In 2022, exports of frozen domestic ducks, not cut in pieceses from Canada contracted rapidly to 153 tons, falling by -73.4% on 2021. Overall, exports continue to indicate a sharp decrease. The smallest decline of -6.5% was in 2020.

In value terms, exports of frozen domestic ducks, not cut in pieceses contracted notably to $705K in 2022. In general, exports continue to indicate a precipitous decline. The smallest decline of -1% was in 2021.

Top Export Markets for Frozen Domestic Ducks, Not Cut in Pieces from Canada in 2022:

1. United States (117.0 tons)
2. Portugal (17.7 tons)
3. French Polynesia (10.9 tons)
4. Mexico (6.8 tons)

Source: IndexBox Market Intelligence Platform