Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Australia - 2022

Contents:

1. Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Australia (FOB) - 2022
2. Exports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Australia

Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Australia (FOB) - 2022

The average export price for poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat stood at $6.1 per unit in 2022, remaining constant against the previous year. In general, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 an increase of 46%. Over the period under review, the average export prices attained the maximum at $8 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($6.9 per unit), while the average price for exports to Myanmar totaled $5.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+7.4%).

Exports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Australia

In 2022, approx. 19K units of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat were exported from Australia; jumping by 20% compared with the previous year. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat surged to $117K in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.8% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g from Australia in 2022:

1. Thailand (10.7K units)
2. Myanmar (8.6K units)

Source: IndexBox Market Intelligence Platform