Price for Frozen Cuts and Edible Offal of Domestic Ducks in Vietnam - 2022
Contents:
- Price for Frozen Cuts and Edible Offal of Domestic Ducks in Vietnam (CIF) - 2022
- Price for Frozen Cuts and Edible Offal of Domestic Ducks in Vietnam (FOB) - 2022
- Imports of Frozen Cuts and Edible Offal of Domestic Ducks in Vietnam
- Exports of Frozen Cuts and Edible Offal of Domestic Ducks in Vietnam
Price for Frozen Cuts and Edible Offal of Domestic Ducks in Vietnam (CIF) - 2022
In 2022, the average import price for frozen cuts and edible offal of domestic duckses amounted to $7,666 per ton, rising by 14% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 21%. As a result, import price reached the peak level of $8,533 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were France ($7,666 per ton) and Hungary ($7,666 per ton), while the price for Poland ($7,665 per ton) and South Korea ($7,666 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+0.3%), 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 Vietnam (FOB) - 2022
In 2022, the average export price for frozen cuts and edible offal of domestic duckses amounted to $8,813 per ton, picking up by 36% against the previous year. Over the period from 2013 to 2022, it increased at an average annual rate of +2.6%. The growth pace was the most rapid in 2014 an increase of 37%. As a result, the export price attained the peak level of $9,584 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for South Korea.
From 2013 to 2022, the rate of growth in terms of prices for South Korea amounted to +35.7% per year.
Imports of Frozen Cuts and Edible Offal of Domestic Ducks in Vietnam
In 2022, supplies from abroad of frozen cuts and edible offal of domestic duckses decreased by -72.2% to 144 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a sharp downturn. The pace of growth was the most pronounced in 2020 with an increase of 95%. As a result, imports reached the peak of 787 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of frozen cuts and edible offal of domestic duckses shrank significantly to $1.1M in 2022. Overall, imports saw a precipitous curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 79%. As a result, imports attained the peak of $5.5M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Frozen Cuts and Edible Offal of Domestic Ducks in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,743 | 861 | 1,217 | 827 | -22.0% |
| Hungary | 106 | 53.3 | N/A | 92.2 | -4.5% |
| South Korea | 934 | 4,158 | 2,011 | 80.2 | -55.9% |
| Poland | 22.6 | N/A | N/A | 46.9 | 27.6% |
| United Kingdom | 109 | 144 | 245 | 33.6 | -32.4% |
| Others | 142 | 258 | 19.3 | 22.9 | -45.6% |
| Total | 3,057 | 5,474 | 3,491 | 1,103 | -28.8% |
Top Suppliers of Frozen Cuts and Edible Offal of Domestic Ducks to Vietnam in 2022:
- France (107.9 tons)
- Hungary (12.0 tons)
- South Korea (10.5 tons)
- Poland (6.1 tons)
- United Kingdom (4.4 tons)
Exports of Frozen Cuts and Edible Offal of Domestic Ducks in Vietnam
In 2022, shipments abroad of frozen cuts and edible offal of domestic duckses decreased by -99.6% to 1 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a sharp curtailment. The growth pace was the most rapid in 2020 when exports increased by 375% against the previous year. As a result, the exports reached the peak of 613 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of frozen cuts and edible offal of domestic duckses dropped significantly to $9.2K in 2022. In general, exports saw a sharp decline. The pace of growth appeared the most rapid in 2020 with an increase of 388% against the previous year. As a result, the exports attained the peak of $4.1M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Frozen Cuts and Edible Offal of Domestic Ducks in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | 885 | 9.2 | -99.0% |
| Hong Kong SAR | N/A | 3,880 | 621 | N/A | -84.0% |
| China | 814 | 190 | 138 | N/A | -58.8% |
| Others | 19.9 | N/A | N/A | N/A | 0% |
| Total | 834 | 4,070 | 1,644 | 9.2 | -77.7% |
Top Export Markets for Frozen Cuts and Edible Offal of Domestic Ducks from Vietnam in 2022:
- South Korea (1.0 tons)
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