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

Contents:

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

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

The average export price for poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat stood at $2.2 per unit in 2022, stabilizing at the previous year. Overall, the export price saw a perceptible slump. The pace of growth was the most pronounced in 2017 an increase of 39%. The export price peaked at $3.4 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($2.3 per unit), while the average price for exports to the United Arab Emirates ($2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (-0.8%), while the prices for the other major destinations experienced a decline.

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

In 2022, overseas shipments of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat increased by 64% to 3.5M units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a abrupt decline. Over the period under review, the exports of poultry; live, fowls of species gallus domesticus, weighing more than 185g meat hit record highs at 6.3M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat skyrocketed to $8M in 2022. Over the period under review, exports, however, recorded a abrupt setback. Over the period under review, the exports of poultry; live, fowls of species gallus domesticus, weighing more than 185g meat hit record highs at $15M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. Yemen (2.5M units)
2. Kuwait (0.8M units)
3. United Arab Emirates (0.3M units)

Source: IndexBox Market Intelligence Platform