
U.S. - Poultry - Market Analysis, Forecast, Size, Trends and Insights
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U.S. Poultry Market Posted Solid Gains for the Fourth Consecutive Year, Driven by Chicken Segment
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IndexBox has just published a new report: 'U.S. - Poultry - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.
The revenue of the poultry market in the U.S. amounted to $X in 2018, remaining stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2008 when the market value increased by X% y-o-y. Poultry consumption peaked at $X in 2017, and then declined slightly in the following year.
Production in the U.S.
In 2018, the amount of poultry produced in the U.S. amounted to X tonnes, approximately reflecting the previous year. The total output volume increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period.
Exports from the U.S.
In 2018, exports of poultry from the U.S. stood at X tonnes, lowering by -X% against the previous year. In general, poultry exports continue to indicate an abrupt decline. In value terms, poultry exports amounted to $X (IndexBox estimates) in 2018.
Exports by Country
Mexico (X tonnes) was the main destination for poultry exports from the U.S., accounting for a X% share of total exports. Moreover, poultry exports to Mexico exceeded the volume sent to the second major destination, China, Hong Kong SAR (X tonnes), threefold. Angola (X tonnes) ranked third in terms of total exports with a X% share.
From 2007 to 2018, the average annual growth rate of volume to Mexico stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China, Hong Kong SAR (+X% per year) and Angola (+X% per year).
In value terms, Mexico ($X) remains the key foreign market for poultry exports from the U.S., comprising X% of total poultry exports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of total exports. It was followed by Canada, with a X% share.
Export Prices by Country
The average poultry export price stood at $X per tonne in 2018, falling by -X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. Export prices varied noticeably by the country of destination; the country with the highest export price was Canada ($X per tonne), while the average price for exports to South Korea ($X per tonne) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to Russia, while the export prices for the other major destinations experienced more modest paces of growth.
Imports into the U.S.
In 2018, approx. X tonnes of poultry were imported into the U.S.; growing by X% against the previous year. Over the period under review, the total imports indicated a prominent expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the poultry imports decreased by -X% against 2015 indices. In value terms, poultry imports stood at $X (IndexBox estimates) in 2018.
Imports by Country
Chile (X tonnes) and Canada (X tonnes) were the main suppliers of poultry imports to the U.S., together accounting for X% of total imports.
From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Chile.
In value terms, the largest poultry suppliers to the U.S. were Chile ($X) and Canada ($X), with a combined X% share of total imports.
Import Prices by Country
In 2018, the average poultry import price amounted to $X per tonne, growing by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. Average import prices varied somewhat amongst the major supplying countries. In 2018, the country with the highest import price was Canada ($X per tonne), while the price for Chile totaled $X per tonne.
From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Canada.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the poultry market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Webinar: Global Animal Feed Market - Global Outlook & Insights
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Thursday, February 11th, 2021 @ 10:00 am ET
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