IndexBox has just published a new report: ‘World – Duck And Goose Meat – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.
In 2020, global duck and goose meat imports increased by +3.3% y-o-y to 268K tonnes and reached $1.1B in value terms. Germany and Hong Kong constitute the largest importers of these products worldwide. In 2020, Spain, Denmark, Belgium and the Netherlands saw the highest spikes in imports in physical terms. Over the last year, the average duck and goose meat import price rose by +6.5% y-o-y. Hungary, China, Poland and France are the key suppliers worldwide, with a combined 66%-share of the global export volume.
Global Duck and Goose Meat Imports
In 2020, approx. 268K tonnes of duck and goose meat were imported worldwide; picking up by +3.3% against the year before. In value terms, duck and goose meat imports expanded markedly to $1.1B (IndexBox estimates) in 2020.
Germany (67K tonnes) and Hong Kong SAR (46K tonnes) represented the major importers of duck and goose meat in 2020, finishing at near 25% and 17% of total imports, respectively. France (22K tonnes) took the next position in the ranking, followed by the UK (14K tonnes) and the Czech Republic (13K tonnes). All these countries together held approx. 18% share of total imports. The following importers – Belgium (9.9K tonnes), Spain (9.2K tonnes), Denmark (7.3K tonnes), Japan (7.1K tonnes), Austria (5.9K tonnes), Slovakia (4.5K tonnes) and the Netherlands (4.5K tonnes) – together made up 18% of total imports.
In 2020, Spain saw the highest spike (+25% y-o-y) in imports. Denmark (+19%y-o-y), Belgium (+10% y-o-y), the Netherlands (+5% y-o-y) moderately increased their purchases from abroad.
In value terms, Germany ($291M), France ($146M) and Hong Kong SAR ($103M) constituted the countries with the highest levels of imports in 2020, together accounting for 47% of global imports. These countries were followed by Belgium, Japan, the UK, Spain, the Czech Republic, Denmark, the Netherlands, Austria and Slovakia, which together accounted for a further 32%.
The average duck and goose meat import price stood at $4,257 per tonne in 2020, rising by +6.5% against the previous year. In 2020, the most notable rate of growth in terms of prices was attained by France, while the other global leaders experienced more modest paces of growth.
Major Suppliers of Duck and Goose Meat Worldwide
In 2020, Hungary (65K tonnes), China (47K tonnes), Poland (42K tonnes) and France (38K tonnes) was the key exporter of duck and goose meat in the world, mixing up 66% of total export. It was distantly followed by Germany (14K tonnes), making up a 4.7% share of total exports. The Netherlands (13K tonnes), Bulgaria (12K tonnes), the UK (8.1K tonnes), Thailand (5.4K tonnes), Belgium (5K tonnes) and the U.S. (4.9K tonnes) held a little share of total exports.
In value terms, the largest duck and goose meat supplying countries worldwide were Hungary ($283M), France ($262M) and Poland ($147M), together accounting for 58% of global exports. China, Bulgaria, Belgium, Germany, the Netherlands, Thailand, the UK and the U.S. lagged somewhat behind, together accounting for a further 33%.
Source: IndexBox Platform