U.S. - Frozen Cuts Of Chicken - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingFrozen Chicken Cut Price in the United States - 2023
Contents:
- Frozen Chicken Cut Price in the United States (FOB) - 2023
- Frozen Chicken Cut Price in the United States (CIF) - 2023
- Frozen Chicken Cut Exports in the United States
- Frozen Chicken Cut Imports in the United States
Frozen Chicken Cut Price in the United States (FOB) - 2023
The average frozen chicken cut export price stood at $1,225 per ton in September 2023, approximately reflecting the previous month. In general, the export price continues to indicate a slight decline. The pace of growth appeared the most rapid in April 2023 an increase of 5.7% month-to-month. The export price peaked at $1,401 per ton in September 2022; however, from October 2022 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($1,790 per ton), while the average price for exports to Congo ($867 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Chicken Cut Price in the United States (CIF) - 2023
The average frozen chicken cut import price stood at $3,736 per ton in September 2023, picking up by 4.1% against the previous month. In general, the import price, however, continues to indicate a slight reduction. The growth pace was the most rapid in March 2023 when the average import price increased by 11% m-o-m. The import price peaked at $4,421 per ton in September 2022; however, from October 2022 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Canada ($6,989 per ton), while the price for Chile amounted to $3,521 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Canada (+6.8%).
Frozen Chicken Cut Exports in the United States
For the fourth consecutive year, the United States recorded growth in overseas shipments of frozen cuts of chicken, which increased by 7% to 3.1M tons in 2022. The total export volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, frozen chicken cut exports soared to $4B in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 21%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Frozen Chicken Cut in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.9 | 724 | 871 | 1,078 | 727.9% |
| Cuba | 189 | 143 | 283 | 294 | 15.9% |
| Taiwan (Chinese) | 184 | 219 | 163 | 282 | 15.3% |
| Angola | 150 | 80.3 | 126 | 231 | 15.5% |
| Philippines | 94.6 | 57.6 | 138 | 206 | 29.6% |
| Mexico | 227 | 193 | 199 | 175 | -8.3% |
| Guatemala | 105 | 85.3 | 144 | 148 | 12.1% |
| Vietnam | 135 | 121 | 92.2 | 122 | -3.3% |
| Congo | 39.3 | 40.0 | 57.6 | 86.4 | 30.0% |
| Colombia | 93.8 | 74.6 | 91.6 | 83.4 | -3.8% |
| Haiti | 44.7 | 55.3 | 95.4 | 82.6 | 22.7% |
| Georgia | 88.2 | 77.2 | 39.0 | 68.1 | -8.3% |
| South Africa | 76.7 | 59.9 | 63.6 | 54.2 | -10.9% |
| Others | 1,231 | 853 | 1,019 | 1,110 | -3.4% |
| Total | 2,660 | 2,784 | 3,381 | 4,020 | 14.8% |
Top Export Markets for Frozen Chicken Cut from the United States in 2022:
- China (615.9K tons)
- Cuba (276.6K tons)
- Taiwan (Chinese) (234.7K tons)
- Angola (178.5K tons)
- Philippines (176.7K tons)
- Mexico (136.1K tons)
- Vietnam (116.5K tons)
- Guatemala (116.3K tons)
- Congo (83.8K tons)
- Georgia (79.0K tons)
- Haiti (70.6K tons)
- Colombia (60.4K tons)
- South Africa (54.9K tons)
Frozen Chicken Cut Imports in the United States
In 2022, the amount of frozen cuts of chicken imported into the United States surged to 67K tons, increasing by 15% on 2021. The total import volume increased at an average annual rate of +12.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, frozen chicken cut imports surged to $324M in 2022. Over the period under review, imports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 56%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Frozen Chicken Cut in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 122 | 146 | 235 | 304 | 35.6% |
| Canada | 22.1 | 22.2 | 24.5 | 19.2 | -4.6% |
| Others | 2.2 | N/A | 2.5 | 1.1 | -20.6% |
| Total | 146 | 168 | 262 | 324 | 30.4% |
Top Suppliers of Frozen Chicken Cut to the United States in 2022:
- Chile (62.1K tons)
- Canada (4.6K tons)
This report provides an in-depth analysis of the frozen chicken cut 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 10122053 - Frozen cuts of chicken
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
651
This report provides an in-depth analysis of the frozen chicken cut market in the U.S..
543
This report provides an in-depth analysis of the frozen poultry liver market in the U.S..
765
This report provides an in-depth analysis of the chicken meat market in the U.S..
435
This report provides an in-depth analysis of the poultry offal market in the USA.
397
This report provides an in-depth analysis of the market for frozen whole geese and ducks in the USA.
404
This report provides an in-depth analysis of the frozen whole turkey market in the U.S..
1073
This report provides an in-depth analysis of the duck meat market in the USA.
480
This report provides an in-depth analysis of the frozen whole chicken market in the U.S..
432
This report provides an in-depth analysis of the frozen turkey cut market in the U.S..
421
This report provides an in-depth analysis of the market for frozen ducks and geese cuts in the USA.
696
In August 2022, the chicken meat price per ton amounted to $1,471, remaining constant against the previous month.
2181
In June 2022, the chicken meat price per ton amounted to $1,507 per ton, picking up by 18% against the previous month.
250
In February 2023, the price of a frozen whole turkey (FOB, US) was $1,971 per ton, a decrease of 33% compared to the previous month.
189
In December 2022, the frozen whole turkey price amounted to $3,233 per ton (FOB, US), falling by -3.8% against the previous month.
413
The export value of Frozen Whole Chicken increased significantly to $2.1 million in May 2023.
416
In value terms, fresh chicken cut exports declined to $67M in April 2023.
392
Discover the top import markets for frozen chicken cut worldwide, including China, Japan, the Netherlands, UAE, Philippines, Ghana, Saudi Arabia, South Korea, France, and Germany. Explore key statistics and market trends driving the demand for this popular poultry product. Stay informed with IndexBox market intelligence to seize potential opportunities.
489
Chicken meat is one of the most widely consumed and versatile meats in the world. This article explores the top import markets for chicken meat based on import value data. China leads as the largest importer, followed by the United Kingdom, France, Germany, Japan, the Netherlands, Saudi Arabia, the United Arab Emirates, Mexico, and Hong Kong SAR. These markets are driven by factors such as changing consumption patterns, increasing population, growing tourism, and thriving foodservice industries.
516
The global chicken meat market is projected to reach $262 billion by 2030, growing at a CAGR of 3.4%.
1824
In December 2021, the chicken price peaked at $2.74 per kg, gaining 17% from a month earlier. The average annual figure is forecast to rise from $2.26 per kg last year to $2.30 per kg in 2022.
