Price for Frozen Cuts and Edible Offal of Domestic Ducks in Finland - 2023
Contents:
- Price for Frozen Cuts and Edible Offal of Domestic Ducks in Finland (CIF) - 2023
- Price for Frozen Cuts and Edible Offal of Domestic Ducks in Finland (FOB) - 2022
- Imports of Frozen Cuts and Edible Offal of Domestic Ducks in Finland
- Exports of Frozen Cuts and Edible Offal of Domestic Ducks in Finland
Price for Frozen Cuts and Edible Offal of Domestic Ducks in Finland (CIF) - 2023
The average import price for frozen cuts and edible offal of domestic duckses stood at $12,354 per ton in August 2023, which is down by -2.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.4%. The most prominent rate of growth was recorded in February 2023 an increase of 32% against the previous month. Over the period under review, average import prices hit record highs at $12,613 per ton in July 2023, and then reduced in the following month.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Sweden ($15,892 per ton), while the price for the Netherlands ($9,857 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Denmark (+13.2%), 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 Finland (FOB) - 2022
The average export price for frozen cuts and edible offal of domestic duckses stood at $13,224 per ton in 2022, growing by 6.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2018 when the average export price increased by 10% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Sweden.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +3.3% per year.
Imports of Frozen Cuts and Edible Offal of Domestic Ducks in Finland
In 2022, the amount of frozen cuts and edible offal of domestic duckses imported into Finland expanded sharply to 126 tons, picking up by 15% on the year before. The total import volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of frozen cuts and edible offal of domestic duckses surged to $1.2M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Frozen Cuts and Edible Offal of Domestic Ducks in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 838 | 533 | 679 | 502 | -15.7% |
| Netherlands | 51.3 | 140 | 144 | 415 | 100.7% |
| Denmark | N/A | 84.3 | 109 | 122 | 20.3% |
| Sweden | 3.9 | 21.8 | 17.8 | 96.1 | 191.0% |
| Belgium | N/A | 5.1 | 92.8 | 70.5 | 271.8% |
| Estonia | N/A | 0.2 | 21.0 | 29.8 | 1120.7% |
| Others | 48.7 | 5.8 | 20.0 | 11.4 | -38.4% |
| Total | 942 | 789 | 1,083 | 1,248 | 9.8% |
Top Suppliers of Frozen Cuts and Edible Offal of Domestic Ducks to Finland in 2022:
- Netherlands (48.9 tons)
- France (45.8 tons)
- Denmark (12.1 tons)
- Sweden (9.4 tons)
- Belgium (5.2 tons)
- Estonia (2.9 tons)
Exports of Frozen Cuts and Edible Offal of Domestic Ducks in Finland
In 2022, overseas shipments of frozen cuts and edible offal of domestic duckses decreased by -36.9% to 2.4 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a deep slump. The pace of growth appeared the most rapid in 2020 when exports increased by 25%. As a result, the exports reached the peak of 4.3 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of frozen cuts and edible offal of domestic duckses shrank markedly to $32K in 2022. Over the period under review, exports showed a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 26%. As a result, the exports reached the peak of $53K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Frozen Cuts and Edible Offal of Domestic Ducks in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 42.2 | 53.3 | 47.9 | 32.3 | -8.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 42.2 | 53.3 | 47.9 | 32.3 | -8.5% |
Top Export Markets for Frozen Cuts and Edible Offal of Domestic Ducks from Finland in 2022:
- Sweden (2.4 tons)
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