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

Contents:

1. Price for Poultry; Live, Weighing Not More than 185g, Turkeys in Slovakia (CIF) - 2023
2. Price for Poultry; Live, Weighing Not More than 185g, Turkeys in Slovakia (FOB) - 2023
3. Imports of Poultry; Live, Weighing Not More than 185g, Turkeys in Slovakia
4. Exports of Poultry; Live, Weighing Not More than 185g, Turkeys in Slovakia

Price for Poultry; Live, Weighing Not More than 185g, Turkeys in Slovakia (CIF) - 2023

The average import price for poultry; live, weighing not more than 185g, turkeys meat stood at $7.3 per unit in October 2023, declining by -6% against the previous month. In general, the import price, however, continues to indicate a resilient increase. The pace of growth was the most pronounced in August 2023 when the average import price increased by 792% m-o-m. As a result, import price reached the peak level of $14.0 per unit. From September 2023 to October 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was France ($9.6 per unit), while the price for Germany totaled $1.6 per unit.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Poultry; Live, Weighing Not More than 185g, Turkeys in Slovakia (FOB) - 2023

In November 2023, the average export price for poultry; live, weighing not more than 185g, turkeys meat amounted to $2.0 per unit, falling by -18.7% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 88% m-o-m. As a result, the export price reached the peak level of $3.5 per unit. From January 2023 to November 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Belarus ($2.5 per unit), while the average price for exports to Hungary ($1.6 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports of poultry; live, weighing not more than 185g, turkeys meat into Slovakia dropped to 489K units in 2022, which is down by -5.4% on the previous year's figure. In general, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 154% against the previous year. As a result, imports attained the peak of 517K units, and then reduced in the following year.

In value terms, imports of poultry; live, weighing not more than 185g, turkeys meat fell slightly to $2.7M in 2022. Overall, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 311%. Imports peaked at $2.7M in 2021, and then fell modestly in the following year.

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

1. France (234.9K units)
2. Germany (184.4K units)
3. Czech Republic (65.1K units)

Exports of Poultry; Live, Weighing Not More than 185g, Turkeys in Slovakia

In 2022, overseas shipments of poultry; live, weighing not more than 185g, turkeys meat decreased by -20.2% to 585K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 112% against the previous year. The exports peaked at 733K units in 2021, and then fell rapidly in the following year.

In value terms, exports of poultry; live, weighing not more than 185g, turkeys meat plummeted to $1.5M in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 169%. The exports peaked at $2.1M in 2021, and then contracted significantly in the following year.

Top Export Markets for Poultry; Live, Weighing Not More than 185g, Turkeys from Slovakia in 2022:

1. Czech Republic (171.7K units)
2. Romania (146.4K units)
3. Poland (146.3K units)
4. Hungary (91.0K units)
5. Belarus (15.9K units)

Source: IndexBox Market Intelligence Platform