Price for Frozen Cuts and Edible Offal of Domestic Ducks in Spain - 2023
Contents:
- Price for Frozen Cuts and Edible Offal of Domestic Ducks in Spain (CIF) - 2023
- Price for Frozen Cuts and Edible Offal of Domestic Ducks in Spain (FOB) - 2023
- Imports of Frozen Cuts and Edible Offal of Domestic Ducks in Spain
- Exports of Frozen Cuts and Edible Offal of Domestic Ducks in Spain
Price for Frozen Cuts and Edible Offal of Domestic Ducks in Spain (CIF) - 2023
The average import price for frozen cuts and edible offal of domestic duckses stood at $14,765 per ton in September 2023, picking up by 55% against the previous month. Over the period under review, import price indicated a prominent expansion from September 2022 to September 2023: its price increased at an average monthly rate of +5.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, import price for frozen cuts and edible offal of domestic duckses increased by +55.2% against August 2023 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($38,734 per ton), while the price for Germany ($1,887 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Belgium (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Cuts and Edible Offal of Domestic Ducks in Spain (FOB) - 2023
The average export price for frozen cuts and edible offal of domestic duckses stood at $15,568 per ton in October 2023, rising by 30% against the previous month. Over the period under review, the export price posted prominent growth. The growth pace was the most rapid in September 2023 when the average export price increased by 105% m-o-m. Over the period under review, the average export prices hit record highs at $16,388 per ton in June 2023; however, from July 2023 to October 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Hong Kong SAR ($50,960 per ton), while the average price for exports to Italy ($3,767 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Cuts and Edible Offal of Domestic Ducks in Spain
In 2022, the amount of frozen cuts and edible offal of domestic duckses imported into Spain soared to 2.6K tons, growing by 32% on the previous year. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +10.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +93.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 46%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of frozen cuts and edible offal of domestic duckses soared to $21M in 2022. Overall, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 83% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Frozen Cuts and Edible Offal of Domestic Ducks in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 5.6 | 4.2 | 6.7 | 10.0 | 21.3% |
| Bulgaria | 3.2 | 1.6 | 3.7 | 4.9 | 15.3% |
| Belgium | 0.4 | 0.2 | 0.6 | 3.3 | 102.1% |
| Poland | 0.2 | 0.1 | 0.2 | 1.1 | 76.5% |
| Germany | 0.2 | 0.3 | 0.4 | 0.6 | 44.2% |
| Hungary | 1.6 | 0.6 | 1.5 | 0.4 | -37.0% |
| Portugal | 0.3 | 0.3 | 0.2 | 0.3 | 0.0% |
| Netherlands | 0.4 | 0.1 | 0.2 | 0.2 | -20.6% |
| Italy | N/A | N/A | N/A | 0.2 | 0% |
| Others | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
| Total | 12.2 | 7.5 | 13.7 | 21.1 | 20.0% |
Top Suppliers of Frozen Cuts and Edible Offal of Domestic Ducks to Spain in 2022:
- France (1081.7 tons)
- Bulgaria (586.5 tons)
- Germany (258.4 tons)
- Belgium (246.7 tons)
- Poland (173.0 tons)
- Italy (132.1 tons)
- Portugal (60.1 tons)
- Netherlands (37.7 tons)
- Hungary (33.8 tons)
Exports of Frozen Cuts and Edible Offal of Domestic Ducks in Spain
In 2022, exports of frozen cuts and edible offal of domestic duckses from Spain skyrocketed to 245 tons, surging by 79% on 2021. In general, exports saw a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of frozen cuts and edible offal of domestic duckses reduced markedly to $1.7M in 2022. Over the period under review, exports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by 58%.
| Export of Frozen Cuts and Edible Offal of Domestic Ducks in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 388 | 411 | 885 | 950 | 34.8% |
| Hong Kong SAR | 226 | 186 | 503 | 167 | -9.6% |
| Cabo Verde | 95.6 | 4.5 | 10.9 | 103 | 2.5% |
| Portugal | 71.3 | 35.3 | 40.0 | 95.9 | 10.4% |
| Japan | 1,437 | 392 | 111 | 24.6 | -74.2% |
| Bulgaria | N/A | N/A | N/A | 24.5 | 0% |
| Netherlands | 1.4 | 47.2 | N/A | 22.5 | 152.4% |
| Haiti | 6.9 | N/A | N/A | N/A | 0% |
| Mozambique | N/A | 23.1 | N/A | N/A | 0% |
| Others | 331 | 197 | 499 | 339 | 0.8% |
| Total | 2,557 | 1,295 | 2,049 | 1,726 | -12.3% |
Top Export Markets for Frozen Cuts and Edible Offal of Domestic Ducks from Spain in 2022:
- France (171.3 tons)
- Bulgaria (20.5 tons)
- Netherlands (9.6 tons)
- Cabo Verde (8.8 tons)
- Portugal (8.1 tons)
- Hong Kong SAR (7.8 tons)
- Japan (1.0 tons)
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