Price for Poultry; Live, Weighing Not More than 185g, Turkeys in Myanmar - 2023

Contents:

1. Price for Poultry; Live, Weighing Not More than 185g, Turkeys in Myanmar (CIF) - 2022
2. Imports of Poultry; Live, Weighing Not More than 185g, Turkeys in Myanmar

Price for Poultry; Live, Weighing Not More than 185g, Turkeys in Myanmar (CIF) - 2022

In 2022, the average import price for poultry; live, weighing not more than 185g, turkeys meat amounted to $3 per unit, dropping by -6.5% against the previous year. Over the period under review, the import price recorded a noticeable contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 51%. Over the period under review, average import prices attained the peak figure at $4.1 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($3.6 per unit), while the price for Malaysia amounted to $3 per unit.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Australia (-1.6%), while the prices for the other major suppliers experienced a decline.

Imports of Poultry; Live, Weighing Not More than 185g, Turkeys in Myanmar

In 2022, overseas purchases of poultry; live, weighing not more than 185g, turkeys meat decreased by -51.5% to 101K units, falling for the second consecutive year after two years of growth. In general, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 539%. As a result, imports reached the peak of 276K units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of poultry; live, weighing not more than 185g, turkeys meat contracted remarkably to $304K in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 477%. Over the period under review, imports of reached the peak figure at $672K in 2021, and then contracted sharply in the following year.

Top Suppliers of Poultry; Live, Weighing Not More than 185g, Turkeys to Myanmar in 2022:

1. Malaysia (97.6K units)
2. Australia (3.0K units)

Source: IndexBox Market Intelligence Platform