Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Ethiopia - 2022

Contents:

1. Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Ethiopia (CIF) - 2022
2. Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Ethiopia (FOB) - 2022
3. Imports of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Ethiopia
4. Exports of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Ethiopia

Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Ethiopia (CIF) - 2022

In 2022, the average import price for poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat amounted to $16 per unit, with an increase of 18% against the previous year. Overall, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +7.8% 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 poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat increased by +34.8% against 2020 indices. The growth pace was the most rapid in 2017 an increase of 80%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Brazil ($16 per unit) and the Netherlands ($16 per unit), while the price for Spain ($16 per unit) and the UK ($16 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Ethiopia (FOB) - 2022

In 2022, the average export price for poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat amounted to $12 per unit, which is down by -25.9% against the previous year. Overall, the export price saw a noticeable setback. The growth pace was the most rapid in 2021 when the average export price increased by 31% against the previous year. As a result, the export price attained the peak level of $16 per unit, and then reduced markedly in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Rwanda ($12 per unit) and Cote d'Ivoire ($12 per unit), while the average price for exports to Ghana ($12 per unit) and Somalia ($12 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (-1.0%), while the prices for the other major destinations experienced a decline.

Imports of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Ethiopia

For the third year in a row, Ethiopia recorded decline in overseas purchases of poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat, which decreased by -28.5% to 105K units in 2022. Over the period under review, imports showed a abrupt downturn. The smallest decline of -8.9% was in 2021. Over the period under review, imports of attained the maximum at 178K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat shrank remarkably to $1.7M in 2022. Overall, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 3.8%. Over the period under review, imports of attained the peak figure at $2.2M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g to Ethiopia in 2022:

1. Brazil (71.5K units)
2. Netherlands (22.9K units)
3. Spain (5.7K units)
4. United Kingdom (4.9K units)

Exports of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Ethiopia

For the fourth year in a row, Ethiopia recorded growth in overseas shipments of poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat, which increased by 15% to 46K units in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 702% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat shrank to $535K in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 702%. The exports peaked at $629K in 2021, and then shrank in the following year.

Top Export Markets for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g from Ethiopia in 2022:

1. Uganda (19.0K units)
2. Somalia (10.2K units)
3. Ghana (10.0K units)
4. Cote d'Ivoire (1.9K units)
5. Cameroon (1.3K units)
6. Rwanda (1.1K units)
7. Democratic Republic of the Congo (0.9K units)

Source: IndexBox Market Intelligence Platform