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U.S. - Frozen Whole Chickens - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: Aug 9, 2023

May 2023 Sees a Modest Increase in Frozen Whole Chicken Exports From the United States, Reaching $2.1M.

U.S. Frozen Whole Chicken Exports

Frozen whole chicken exports from the United States rose notably to 1.3K tons in May 2023, picking up by 6.3% against April 2023 figures. In general, exports, however, saw a perceptible setback. The most prominent rate of growth was recorded in March 2023 with an increase of 58% month-to-month.

In value terms, frozen whole chicken exports rose remarkably to $2.1M (IndexBox estimates) in May 2023. Overall, exports, however, recorded a perceptible descent. The pace of growth appeared the most rapid in August 2022 when exports increased by 64% against the previous month. As a result, the exports attained the peak of $3.3M. From September 2022 to May 2023, the growth of the exports failed to regain momentum.

COUNTRY	Export Value of Frozen Whole Chicken in U.S. (thousand USD)
COUNTRY	May 2022	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023	Apr 2023	May 2023
Cuba	N/A	N/A	N/A	N/A	104	19.9	N/A	14.8	137	78.0	59.0	424	633
Canada	36.6	48.2	N/A	36.6	61.9	23.6	451	171	157	325	349	444	451
Nicaragua	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	15.1	62.9	N/A	161
Mexico	N/A	53.0	N/A	N/A	16.0	63.4	39.4	100	41.8	210	312	230	141
Taiwan (Chinese)	136	N/A	212	98.0	41.9	55.4	32.9	N/A	264	543	317	82.8	109
Bangladesh	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	92.2
Bahamas	513	591	419	630	734	673	693	676	718	199	326	179	78.9
Colombia	N/A	3.4	N/A	N/A	N/A	N/A	N/A	N/A	4.2	6.7	14.5	22.9	51.6
China	87.8	N/A	N/A	N/A	N/A	N/A	N/A	N/A	10.1	233	703	237	42.8
Angola	145	85.2	80.2	N/A	430	72.8	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Philippines	783	1,222	523	980	746	1,556	180	N/A	237	66.6	64.3	N/A	N/A
Democratic Republic of the Congo	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	415	N/A	N/A
Others	1,341	730	765	1,536	784	802	612	722	348	305	431	387	355
Total	3,042	2,733	2,000	3,281	2,918	3,267	2,008	1,684	1,916	1,982	3,054	2,006	2,116

Exports by Country

Cuba (608 tons) was the main destination for frozen whole chicken exports from the United States, accounting for a 48% share of total exports. Moreover, frozen whole chicken exports to Cuba exceeded the volume sent to the second major destination, Canada (207 tons), threefold. Taiwan (Chinese) (77 tons) ranked third in terms of total exports with a 6.1% share.

From May 2022 to May 2023, the average monthly growth rate of volume to Cuba totaled +31.6%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Canada (+22.7% per month) and Taiwan (Chinese) (+0.9% per month).

In value terms, the largest markets for frozen whole chicken exported from the United States were Cuba ($633K), Canada ($451K) and Nicaragua ($161K), with a combined 59% share of total exports.

Nicaragua, with a CAGR of +120.0%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In May 2023, the frozen whole chicken price stood at $1,684 per ton (FOB, US), approximately equating the previous month. Over the period under review, the export price, however, continues to indicate a modest increase. The most prominent rate of growth was recorded in June 2022 an increase of 16% m-o-m. The export price peaked at $2,249 per ton in December 2022; however, from January 2023 to May 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Bahamas ($3,386 per ton), while the average price for exports to Cuba ($1,041 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the frozen whole chicken 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.

Product coverage:

Prodcom 10122013 - Frozen whole chickens

Country coverage:

United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the U.S.
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023

U.S. - Frozen Whole Chickens - Market Analysis, Forecast, Size, Trends And Insights

May 2023 Sees a Modest Increase in Frozen Whole Chicken Exports From the United States, Reaching $2.1M.

U.S. Frozen Whole Chicken Exports

Exports by Country

Export Prices by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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