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

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

The average export price for poultry; live, weighing not more than 185g, turkeys meat stood at $1.6 per unit in 2021, waning by -49.6% against the previous year. In general, the export price recorded a deep slump. The pace of growth appeared the most rapid in 2016 an increase of 73%. Over the period under review, the average export prices attained the peak figure at $3.8 per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2021, the rate of growth in terms of prices for the Netherlands amounted to +1.0% per year.

Exports of Poultry; Live, Weighing Not More than 185g, Turkeys in Latvia

After two years of growth, overseas shipments of poultry; live, weighing not more than 185g, turkeys meat decreased by -65.2% to 2K units in 2021. Overall, exports showed a slight descent. The most prominent rate of growth was recorded in 2020 when exports increased by 180%. As a result, the exports attained the peak of 5.6K units, and then shrank markedly in the following year.

In value terms, exports of poultry; live, weighing not more than 185g, turkeys meat fell rapidly to $3.2K in 2021. Over the period under review, exports faced a precipitous decline. The growth pace was the most rapid in 2020 with an increase of 199% against the previous year. As a result, the exports reached the peak of $18K, and then fell remarkably in the following year.