Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Spain - 2023

Contents:

1. Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Spain (FOB) - 2023
2. Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Spain (CIF) - 2023
3. Exports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Spain
4. Imports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Spain

Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Spain (FOB) - 2023

In October 2023, the average export price for poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat amounted to $4.5 per unit, surging by 9.7% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 204% against the previous month. As a result, the export price attained the peak level of $11.8 per unit. From January 2023 to October 2023, the the average export prices remained at a lower figure.

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

From October 2022 to October 2023, the rate of growth in terms of prices for Portugal amounted to +0.7% per month.

Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Spain (CIF) - 2023

In September 2023, the average import price for poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat amounted to $6.0 per unit, growing by 2.7% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 63% against the previous month. The import price peaked at $6.4 per unit in October 2022; however, from November 2022 to September 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was France ($18.1 per unit), while the price for Portugal amounted to $5.8 per unit.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by France (+0.2%).

Exports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Spain

In 2022, after two years of decline, there was growth in shipments abroad of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat, when their volume increased by 3% to 863K units. Over the period under review, exports, however, continue to indicate a dramatic shrinkage. Over the period under review, the exports of poultry; live, fowls of species gallus domesticus, weighing more than 185g meat attained the maximum at 2.3M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat reached $7.4M in 2022. The total export value increased at an average annual rate of +6.3% 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 2021 with an increase of 22%. Over the period under review, the exports of poultry; live, fowls of species gallus domesticus, weighing more than 185g meat attained the peak figure in 2022 and are likely to continue growth in years to come.

Top Export Markets for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g from Spain in 2022:

1. Portugal (743.7K units)
2. France (64.5K units)
3. Italy (44.6K units)

Imports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Spain

After three years of growth, supplies from abroad of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat decreased by -16.7% to 1.6M units in 2022. Overall, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 180% against the previous year. Over the period under review, imports of poultry; live, fowls of species gallus domesticus, weighing more than 185g meat attained the maximum at 1.9M units in 2021, and then fell sharply in the following year.

In value terms, imports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat rose to $5.9M in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 163%. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g to Spain in 2022:

1. Portugal (1561.4K units)

Source: IndexBox Market Intelligence Platform