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

Contents:

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

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

In August 2023, the average import price for poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat amounted to $2.5 per unit, with a decrease of -9.7% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 46% against the previous month. Over the period under review, average import prices attained the maximum at $2.8 per unit in April 2023; however, from May 2023 to August 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($3.0 per unit), while the price for Germany ($385 per thousand units) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+1.3%), while the prices for the other major suppliers experienced a decline.

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

In September 2023, the average export price for poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat amounted to $3.6 per unit, growing by 1.6% against the previous month. Over the last eleven-month period, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in February 2023 an increase of 22% m-o-m. The export price peaked at $4.3 per unit in May 2023; however, from June 2023 to September 2023, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In September 2023, the country with the highest price was the Netherlands ($3.6 per unit), while the average price for exports to France totaled $2.7 per unit.

From October 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.8%).

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

For the third consecutive year, Belgium recorded decline in overseas purchases of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat, which decreased by -1.1% to 84M units in 2022. In general, imports showed a abrupt slump. Imports peaked at 100M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat surged to $221M in 2022. The total import value increased at an average annual rate of +10.1% from 2019 to 2022; the trend pattern indicated some 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.

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

1. France (59.7M units)
2. Netherlands (22.4M units)
3. Germany (1.7M units)

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

For the third consecutive year, Belgium recorded decline in overseas shipments of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat, which decreased by -7% to 43M units in 2022. Overall, exports continue to indicate a deep reduction. The smallest decline of -4.7% was in 2020. Over the period under review, the exports of poultry; live, fowls of species gallus domesticus, weighing more than 185g meat attained the maximum at 52M 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 rose remarkably to $137M in 2022. The total export value increased at an average annual rate of +6.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 16%. Over the period under review, the exports of poultry; live, fowls of species gallus domesticus, weighing more than 185g meat hit record highs in 2022 and are expected to retain growth in years to come.

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

1. Netherlands (41.8M units)
2. France (1.1M units)

Source: IndexBox Market Intelligence Platform