Frozen Whole Chicken Market
Frozen whole chicken market: download recently published information powered by an Ai-driven market intelligence tool. Datasets cover imports, production, companies, market prices, consumption, trade, exports, and market size. Here is a split by region, including Latin America, EU, China, Russia, the Middle East, the U.S., Africa, and the U.K. Market insights and forecast to 2030 are also provided in the snapshots.
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Frozen Whole Chicken - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | India |
3 | Saudi Arabia |
4 | United States |
5 | Russia |
In value terms, China led the market, alone. The second position in the ranking was occupied by India. It was followed by Saudi Arabia.
From 2019 to 2021, the average annual rate of growth in terms of value in China was relatively modest. The remaining consuming countries recorded the following average annual rates of market growth: India (-0.5% per year) and Saudi Arabia (-1.4% per year).
Frozen Whole Chicken Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
USD per ton | ||||
South Korea | 991 | 1092 | 1044 | 2.6% |
United States | 1237 | 1064 | 1128 | -4.5% |
Turkey | 1258 | 1067 | 1161 | -3.9% |
Spain | 1152 | 1174 | 1163 | 0.5% |
Argentina | 1216 | 1115 | 1179 | -1.5% |
Poland | 1289 | 1282 | 1286 | -0.1% |
Brazil | 1402 | 1268 | 1336 | -2.4% |
Ukraine | 1410 | 1334 | 1368 | -1.5% |
France | 1531 | 1506 | 1519 | -0.4% |
Average | 1387 | 1274 | 1331 | -2.0% |
Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in France ($1,519 per ton) and Ukraine ($1,368 per ton), while South Korea ($1,044 per ton) and the United States ($1,128 per ton) were amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by South Korea, while the other global leaders experienced mixed trends in the export price figures.
Highest Prices - CIF - Top Importers
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
USD per ton | ||||
Kuwait | 1792 | 1714 | 1753 | -1.1% |
Saudi Arabia | 1695 | 1617 | 1657 | -1.1% |
Qatar | 1680 | 1572 | 1624 | -1.7% |
Oman | 1461 | 1332 | 1403 | -2.0% |
United Arab Emirates | 1401 | 1303 | 1355 | -1.7% |
Yemen | 1390 | 1259 | 1325 | -2.4% |
Egypt | 1356 | 1266 | 1311 | -1.7% |
Libya | 1306 | 1185 | 1239 | -2.6% |
Iraq | 1339 | 1094 | 1226 | -4.3% |
Democratic Republic of the Congo | 1195 | 1104 | 1140 | -2.3% |
Angola | 1145 | 1086 | 1125 | -0.9% |
Congo | 951 | 983 | 967 | 0.8% |
South Africa | 502 | 460 | 481 | -2.1% |
Average | 1362 | 1278 | 1321 | -1.5% |
There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Kuwait ($1,753 per ton), while South Africa ($481 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Congo, while the other global leaders experienced a decline in the import price figures.
Frozen Whole Chicken - Top Importers
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
billion USD | ||||
Saudi Arabia | 0.7 | 0.7 | 0.7 | -1.7% |
United Arab Emirates | 0.3 | 0.2 | 0.3 | -5.0% |
Iraq | 0.3 | 0.2 | 0.3 | -7.8% |
Yemen | 0.2 | 0.2 | 0.2 | -2.6% |
Kuwait | 0.2 | 0.2 | 0.2 | -0.7% |
In value terms, Saudi Arabia ($695M) constitutes the largest market for imported frozen whole chickens worldwide, comprising 24% of global imports. The second position in the ranking was occupied by the United Arab Emirates ($278M), with a 9.6% share of global imports. It was followed by Iraq, with a 8.8% share.
In Saudi Arabia, frozen whole chicken imports declined by an average annual rate of -1.7% over the period from 2019-2021. In the other countries, the average annual rates were as follows: the United Arab Emirates (-5.0% per year) and Iraq (-7.8% per year).
Frozen Whole Chicken - Top Exporters
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
billion USD | ||||
Brazil | 1.6 | 1.4 | 1.5 | -3.3% |
Turkey | 0.3 | 0.3 | 0.3 | -3.3% |
Ukraine | 0.2 | 0.2 | 0.2 | 4.2% |
France | 0.2 | 0.2 | 0.2 | -0.4% |
Poland | 0.09 | 0.09 | 0.09 | 0.9% |
In value terms, Brazil ($1.5B) remains the largest frozen whole chicken supplier worldwide, comprising 54% of global exports. The second position in the ranking was occupied by Turkey ($299M), with a 11% share of global exports. It was followed by Ukraine, with a 6.5% share.
From 2019 to 2021, the average annual growth rate of value in Brazil totaled -3.3%. In the other countries, the average annual rates were as follows: Turkey (-3.3% per year) and Ukraine (+4.2% per year).
Frozen Whole Chicken - Market Forecast
Driven by rising demand for frozen whole chicken 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.
Frozen Whole Chicken - Product Coverage
- 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
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