Price for Frozen Cuts and Edible Offal of Domestic Ducks in Sri Lanka - 2022
Contents:
- Price for Frozen Cuts and Edible Offal of Domestic Ducks in Sri Lanka (FOB) - 2022
- Price for Frozen Cuts and Edible Offal of Domestic Ducks in Sri Lanka (CIF) - 2022
- Exports of Frozen Cuts and Edible Offal of Domestic Ducks in Sri Lanka
- Imports of Frozen Cuts and Edible Offal of Domestic Ducks in Sri Lanka
Price for Frozen Cuts and Edible Offal of Domestic Ducks in Sri Lanka (FOB) - 2022
The average export price for frozen cuts and edible offal of domestic duckses stood at $9,508 per ton in 2022, declining by -3.5% against the previous year. Overall, the export price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2017 an increase of 125%. The export price peaked at $34,928 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($9,541 per ton), while the average price for exports to Hong Kong SAR stood at $7,719 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+20.2%).
Price for Frozen Cuts and Edible Offal of Domestic Ducks in Sri Lanka (CIF) - 2022
In 2022, the average import price for frozen cuts and edible offal of domestic duckses amounted to $1,134 per ton, declining by -70.6% against the previous year. In general, the import price continues to indicate a precipitous slump. The pace of growth was the most pronounced in 2016 when the average import price increased by 9.3%. Over the period under review, average import prices reached the peak figure at $18,545 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +240.5% per year.
Exports of Frozen Cuts and Edible Offal of Domestic Ducks in Sri Lanka
In 2022, exports of frozen cuts and edible offal of domestic duckses from Sri Lanka skyrocketed to 1.8 tons, increasing by 685% against 2021 figures. In general, exports showed significant growth. 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 surged to $17K in 2022. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Frozen Cuts and Edible Offal of Domestic Ducks in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 2.1 | 1.1 | 2.0 | 16.5 | 98.8% |
| Hong Kong SAR | N/A | N/A | 0.2 | 0.2 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.1 | 1.1 | 2.2 | 16.7 | 99.6% |
Top Export Markets for Frozen Cuts and Edible Offal of Domestic Ducks from Sri Lanka in 2022:
- Maldives (1726.0 kg)
- Hong Kong SAR (32.0 kg)
Imports of Frozen Cuts and Edible Offal of Domestic Ducks in Sri Lanka
For the third consecutive year, Sri Lanka recorded decline in overseas purchases of frozen cuts and edible offal of domestic duckses, which decreased by -80.5% to 142 kg in 2022. In general, imports faced a sharp curtailment. The smallest decline of -34.9% was in 2021.
In value terms, imports of frozen cuts and edible offal of domestic duckses declined significantly to $161 in 2022. Overall, imports continue to indicate a dramatic downturn. The smallest decline of -40.9% was in 2021.
| Import of Frozen Cuts and Edible Offal of Domestic Ducks in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 0.2 | 0% |
| Netherlands | 2.4 | 1.1 | 0.4 | N/A | -59.2% |
| United States | 0.8 | 0.3 | 0.1 | N/A | -64.6% |
| Singapore | 4.5 | 2.6 | 0.8 | N/A | -57.8% |
| Australia | 1.2 | 0.4 | 0.1 | N/A | -71.1% |
| Others | 2.5 | 0.3 | 1.3 | N/A | -27.9% |
| Total | 11.4 | 4.8 | 2.8 | 0.2 | -74.0% |
Top Suppliers of Frozen Cuts and Edible Offal of Domestic Ducks to Sri Lanka in 2022:
- China (142.0 kg)
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