Price for Frozen Domestic Ducks, Not Cut in Pieces in Indonesia - 2022

Contents:

  1. Price for Frozen Domestic Ducks, Not Cut in Pieces in Indonesia (CIF) - 2022
  2. Price for Frozen Domestic Ducks, Not Cut in Pieces in Indonesia (FOB) - 2022
  3. Imports of Frozen Domestic Ducks, Not Cut in Pieces in Indonesia
  4. Exports of Frozen Domestic Ducks, Not Cut in Pieces in Indonesia

Price for Frozen Domestic Ducks, Not Cut in Pieces in Indonesia (CIF) - 2022

The average import price for frozen domestic ducks, not cut in pieceses stood at $1,761 per ton in 2022, dropping by -16.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2017 when the average import price increased by 30% against the previous year. Over the period under review, average import prices hit record highs at $2,107 per ton in 2021, and then declined notably in the following year.

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 Malaysia ($4,669 per ton), while the price for Singapore stood at $1,729 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+12.3%).

Price for Frozen Domestic Ducks, Not Cut in Pieces in Indonesia (FOB) - 2022

In 2021, the average export price for frozen domestic ducks, not cut in pieceses amounted to $3,556 per ton, therefore, remained relatively stable against the previous year. Overall, the export price saw a significant expansion. The most prominent rate of growth was recorded in 2020 when the average export price decreased by 99.9%. The export price peaked in 2021 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Timor-Leste ($3,840 per ton), while the average price for exports to Austria stood at $2,133 per ton.

From 2019 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of frozen domestic ducks, not cut in pieceses imported into Indonesia expanded rapidly to 241 tons, surging by 10% on 2021. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 69%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of frozen domestic ducks, not cut in pieceses reduced to $424K in 2022. In general, imports recorded a prominent increase. The growth pace was the most rapid in 2021 when imports increased by 114% against the previous year. As a result, imports attained the peak of $459K, and then contracted in the following year.

Import of Frozen Domestic Ducks, Not Cut in Pieces in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore25920244641116.6%
Malaysia11.711.812.312.52.2%
Others0.51.1N/AN/A120.0%
Total27121445942416.1%

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

  1. Singapore (237.8 tons)
  2. Malaysia (2.7 tons)

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

In 2021, approx. 180 kg of frozen domestic ducks, not cut in pieceses were exported from Indonesia; remaining constant against the previous year's figure. Overall, exports continue to indicate significant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, exports of frozen domestic ducks, not cut in pieceses stood at $640 in 2021. In general, exports posted a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the peak figure in 2021 and are likely to see steady growth in years to come.

Export of Frozen Domestic Ducks, Not Cut in Pieces in Indonesia (USD)
COUNTRY201920202021CAGR,
2019-2021
Timor-LesteN/AN/A5760%
AustriaN/AN/A64.00%
Singapore8.0N/AN/A0%
OthersN/AN/AN/A0%
Total8.0N/A640794.4%

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

  1. Timor-Leste (150.0 kg)
  2. Austria (30.0 kg)

Source: IndexBox Market Intelligence Platform

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