Price for Poultry; Live, Weighing Not More than 185g, Turkeys in Portugal - 2023

Contents:

1. Price for Poultry; Live, Weighing Not More than 185g, Turkeys in Portugal (CIF) - 2023
2. Price for Poultry; Live, Weighing Not More than 185g, Turkeys in Portugal (FOB) - 2022
3. Imports of Poultry; Live, Weighing Not More than 185g, Turkeys in Portugal
4. Exports of Poultry; Live, Weighing Not More than 185g, Turkeys in Portugal

Price for Poultry; Live, Weighing Not More than 185g, Turkeys in Portugal (CIF) - 2023

The average import price for poultry; live, weighing not more than 185g, turkeys meat stood at $2.4 per unit in November 2023, which is down by -5.9% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average import price increased by 22% against the previous month. As a result, import price attained the peak level of $2.8 per unit. From May 2023 to November 2023, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for France.

From November 2022 to November 2023, the rate of growth in terms of prices for France amounted to +0.3% per month.

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

The average export price for poultry; live, weighing not more than 185g, turkeys meat stood at $3.1 per unit in 2022, leveling off at the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The export price peaked at $3.1 per unit in 2021, and then contracted slightly in the following year.

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

From 2013 to 2022, the rate of growth in terms of prices for Denmark amounted to +0.2% per year.

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

In 2022, purchases abroad of poultry; live, weighing not more than 185g, turkeys meat increased by 7.7% to 2M units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a deep contraction. Imports peaked at 2.5M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of poultry; live, weighing not more than 185g, turkeys meat reduced slightly to $6.8M in 2022. The total import value increased at an average annual rate of +10.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 28% against the previous year. Over the period under review, imports of hit record highs at $6.9M in 2021, and then shrank slightly in the following year.

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

1. France (2.0M units)

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

Exports of poultry; live, weighing not more than 185g, turkeys meat from Portugal shrank sharply to 409 units in 2022, which is down by -49.9% compared with the year before. Overall, exports saw a sharp setback. The exports peaked at 817 units in 2021, and then dropped dramatically in the following year.

In value terms, exports of poultry; live, weighing not more than 185g, turkeys meat declined sharply to $1.3K in 2022. In general, exports faced a sharp downturn. The exports peaked at $2.6K in 2021, and then declined sharply in the following year.

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

1. Denmark (409.0 units)

Source: IndexBox Market Intelligence Platform