Price for Poultry; Live, Ducks, Weighing Not More than 185g in Canada - 2024

Contents:

1. Price for Poultry; Live, Ducks, Weighing Not More than 185g in Canada (FOB) - 2024
2. Price for Poultry; Live, Ducks, Weighing Not More than 185g in Canada (CIF) - 2022
3. Exports of Poultry; Live, Ducks, Weighing Not More than 185g in Canada
4. Imports of Poultry; Live, Ducks, Weighing Not More than 185g in Canada

Price for Poultry; Live, Ducks, Weighing Not More than 185g in Canada (FOB) - 2024

In January 2024, the average export price for poultry; live, ducks, weighing not more than 185g meat amounted to $2.4 per unit, approximately reflecting the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 an increase of 13% month-to-month. Over the period under review, the average export prices reached the peak figure at $2.6 per unit in July 2023; however, from August 2023 to January 2024, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($2.5 per unit), while the average price for exports to Guatemala ($1.1 per unit) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Trinidad and Tobago (+0.6%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Poultry; Live, Ducks, Weighing Not More than 185g in Canada (CIF) - 2022

In 2022, the average import price for poultry; live, ducks, weighing not more than 185g meat amounted to $7.1 per unit, declining by -5.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2021 when the average import price increased by 30%. As a result, import price attained the peak level of $7.6 per unit, and then contracted 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 France ($8.7 per unit), while the price for the United States ($4.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Poultry; Live, Ducks, Weighing Not More than 185g in Canada

In 2022, shipments abroad of poultry; live, ducks, weighing not more than 185g meat was finally on the rise to reach 1.1M units after two years of decline. Overall, exports, however, saw a deep contraction. The exports peaked at 1.3M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of poultry; live, ducks, weighing not more than 185g meat skyrocketed to $2.4M in 2022. In general, exports, however, recorded a abrupt contraction. The exports peaked at $2.9M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Poultry; Live, Ducks, Weighing Not More than 185g from Canada in 2022:

1. United States (936.1K units)
2. Trinidad and Tobago (165.0K units)

Imports of Poultry; Live, Ducks, Weighing Not More than 185g in Canada

Imports of poultry; live, ducks, weighing not more than 185g meat into Canada reduced rapidly to 71K units in 2022, which is down by -15.6% compared with the previous year's figure. Overall, imports saw a deep setback. The growth pace was the most rapid in 2021 when imports increased by 37%. Over the period under review, imports of attained the maximum at 95K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of poultry; live, ducks, weighing not more than 185g meat fell significantly to $507K in 2022. Over the period under review, imports saw a perceptible setback. The growth pace was the most rapid in 2021 with an increase of 78%. As a result, imports reached the peak of $636K, and then shrank significantly in the following year.

Top Suppliers of Poultry; Live, Ducks, Weighing Not More than 185g to Canada in 2022:

1. France (38.9K units)
2. United States (14.7K units)
3. United Kingdom (11.5K units)
4. Germany (5.8K units)

Source: IndexBox Market Intelligence Platform