Chicken Meat Market

Chicken meat market: enjoy newly released statistics provided by an Ai-driven market intelligence platform. Facts and figures include companies, market prices, consumption, trade, production, market size, exports, and imports. Here is a breakdown by country, including Latin America, EU, Russia, the U.K., Africa, the Middle East, China, and the U.S. Market dynamics and forecast to 2030 are also featured in the reports.

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Chicken Meat - World's Largest Markets

In value terms, China led the market, alone. The second position in the ranking was occupied by Brazil. It was followed by the United States.

In China, the chicken meat market remained relatively stable over the period from 2019-2021. In the other countries, the average annual rates were as follows: Brazil (+3.4% per year) and the United States (-0.6% per year).

Chicken Meat Prices

Chicken Meat - Top Importers

In value terms, China ($2.7B) constitutes the largest market for imported chicken meat worldwide, comprising 12% of global imports. The second position in the ranking was occupied by Saudi Arabia ($1.2B), with a 5.2% share of global imports. It was followed by Germany, with a 5.2% share.

From 2019 to 2021, the average annual rate of growth in terms of value in China amounted to +17.2%. In the other countries, the average annual rates were as follows: Saudi Arabia (-3.4% per year) and Germany (-0.4% per year).

Chicken Meat - Top Exporters

In value terms, the largest chicken meat supplying countries worldwide were Brazil ($5.7B), the United States ($4.2B) and the Netherlands ($2.7B), together comprising 53% of global exports. Poland, Belgium, Thailand, Germany, Ukraine, Russia, France, Turkey and the UK lagged somewhat behind, together comprising a further 29%.

In terms of the main exporting countries, Russia recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Chicken Meat - Market Forecast

Driven by rising demand for chicken meat worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Chicken Meat - Product Coverage

• HS 020711 - Meat and edible offal; of the poultry of heading no. 0105, of fowls of the species gallus domesticus, (not cut in pieces), fresh or chilled
• HS 020712 - Meat and edible offal; of the poultry of heading no. 0105, of fowls of the species gallus domesticus, (not cut in pieces), frozen
• HS 020713 - Meat and edible offal; of the poultry of heading no. 0105, of fowls of the species gallus domesticus, cuts and offal, fresh or chilled
• HS 020714 - Meat and edible offal; of the poultry of heading no. 0105, of fowls of the species gallus domesticus, cuts and offal, frozen

Source: IndexBox Market Intelligence Platform