Price for Animals; Live, Birds of Prey in the Philippines - 2022

Contents:

1. Price for Animals; Live, Birds of Prey in the Philippines (FOB) - 2022
2. Exports of Animals; Live, Birds of Prey in the Philippines

Price for Animals; Live, Birds of Prey in the Philippines (FOB) - 2022

In 2022, the average export price for animals; live, birds of preys amounted to $36 per unit, increasing by 4.2% against the previous year. In general, the export price, however, showed a abrupt downturn. The growth pace was the most rapid in 2014 an increase of 209%. The export price peaked at $321 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Pakistan ($36 per unit), while the average price for exports to the United Arab Emirates totaled $23 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (-14.1%).

Exports of Animals; Live, Birds of Prey in the Philippines

After three years of growth, overseas shipments of animals; live, birds of preys decreased by -17.9% to 32 units in 2022. Overall, exports, however, showed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 143% against the previous year. The exports peaked at 39 units in 2021, and then declined notably in the following year.

In value terms, animals; live, birds of prey exports declined to $1.1K in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 70% against the previous year. Over the period under review, the exports hit record highs at $1.3K in 2021, and then contracted in the following year.

Top Export Markets for Animals; Live, Birds of Prey from the Philippines in 2022:

1. Pakistan (31.0 units)
2. United Arab Emirates (1.0 units)

Source: IndexBox Market Intelligence Platform