Australia - Poultry - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPoultry Price in Australia - 2023
Contents:
- Poultry Price in Australia (FOB) - 2022
- Poultry Price in Australia (CIF) - 2022
- Poultry Exports in Australia
- Poultry Imports in Australia
Poultry Price in Australia (FOB) - 2022
The average poultry export price stood at $1,492 per ton in 2022, increasing by 6.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2020 an increase of 28% against the previous year. As a result, the export price reached the peak level of $1,606 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($4,118 per ton), while the average price for exports to South Africa ($672 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.
Poultry Price in Australia (CIF) - 2022
In 2022, the average poultry import price amounted to $3,464 per ton, growing by 188% against the previous year. Overall, the import price recorded a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($13,898 per ton), while the price for Sri Lanka ($1,840 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+36.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Poultry Exports in Australia
In 2022, poultry exports from Australia expanded significantly to 51K tons, increasing by 7.8% against the year before. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 37% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, poultry exports rose remarkably to $76M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.5% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 20%. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Poultry in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Papua New Guinea | 18.1 | 16.2 | 22.8 | 29.1 | 17.1% |
| Philippines | 1.2 | 0.7 | 3.9 | 16.1 | 137.6% |
| Solomon Islands | 5.5 | 6.3 | 8.6 | 7.0 | 8.4% |
| Vanuatu | 4.2 | 4.5 | 6.8 | 6.7 | 16.8% |
| Kiribati | 2.9 | 4.4 | 3.8 | 3.4 | 5.4% |
| Hong Kong SAR | 5.9 | 6.8 | 4.9 | 3.2 | -18.4% |
| South Africa | 1.0 | 1.7 | 4.1 | 1.6 | 17.0% |
| South Korea | 2.8 | 1.2 | 0.5 | 1.3 | -22.6% |
| Ghana | 0.6 | 0.3 | 2.3 | 1.2 | 26.0% |
| Vietnam | 0.6 | 0.5 | 0.9 | 1.0 | 18.6% |
| Gabon | 0.6 | 0.5 | 1.6 | 0.2 | -30.7% |
| Others | 3.8 | 12.3 | 6.2 | 5.5 | 13.1% |
| Total | 47.2 | 55.3 | 66.3 | 76.2 | 17.3% |
Top Export Markets for Poultry from Australia in 2022:
- Papua New Guinea (21.7K tons)
- Philippines (12.7K tons)
- Solomon Islands (3.4K tons)
- Vanuatu (3.3K tons)
- South Africa (2.4K tons)
- Kiribati (1.6K tons)
- South Korea (1.2K tons)
- Ghana (0.9K tons)
- Hong Kong SAR (0.8K tons)
- Vietnam (0.7K tons)
- Gabon (0.2K tons)
Poultry Imports in Australia
In 2022, approx. 110 tons of poultry were imported into Australia; waning by -90.6% against the year before. In general, imports continue to indicate a sharp reduction. The growth pace was the most rapid in 2021 with an increase of 41%.
In value terms, poultry imports fell rapidly to $382K in 2022. Over the period under review, imports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2021 when imports increased by 18%.
| Import of Poultry in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 2,144 | 944 | 883 | 279 | -49.3% |
| Netherlands | 0.7 | 0.5 | N/A | 23.3 | 221.7% |
| Sri Lanka | N/A | N/A | N/A | 16.8 | 0% |
| United States | 62.1 | 64.4 | 79.2 | 2.8 | -64.4% |
| Namibia | N/A | N/A | 368 | N/A | 0% |
| Turkey | 5.2 | 35.7 | N/A | N/A | 586.5% |
| Others | 105 | 142 | 71.1 | 59.5 | -17.2% |
| Total | 2,317 | 1,186 | 1,401 | 382 | -45.2% |
Top Suppliers of Poultry to Australia in 2022:
- New Zealand (83.1 tons)
- Sri Lanka (9.2 tons)
- Netherlands (7.3 tons)
- United States (0.2 tons)
This report provides an in-depth analysis of the poultry market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1058 - Chicken meat
- FCL 1059 - Offals and liver of chickens
- FCL 1069 - Duck meat
- FCL 1073 - Goose meat
- FCL 1074 - Offals and liver of geese
- FCL 1075 - Offals and liver of ducks
- FCL 1080 - Turkey meat
- FCL 1081 - Offals and liver of turkey
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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