Price for Poultry; Live, Weighing Not More than 185g, Turkeys in Ecuador - 2022

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

In 2022, the average import price for poultry; live, weighing not more than 185g, turkeys meat amounted to $2.4 per unit, picking up by 25% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $2.5 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Peru ($3.6 per unit), while the price for the United States stood at $1.3 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+3.8%).

Imports of Poultry; Live, Weighing Not More than 185g, Turkeys in Ecuador

Imports of poultry; live, weighing not more than 185g, turkeys meat into Ecuador expanded sharply to 1.7M units in 2022, increasing by 14% compared with the previous year. Overall, imports, however, saw a mild shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 44% against the previous year. Over the period under review, imports of hit record highs at 1.8M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of poultry; live, weighing not more than 185g, turkeys meat skyrocketed to $4.1M in 2022. In general, total imports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +4.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.