Australia - Frozen Whole Chickens - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Whole Chicken Price in Australia - 2023
Contents:
- Frozen Whole Chicken Price in Australia (FOB) - 2023
- Frozen Whole Chicken Price in Australia (CIF) - 2022
- Frozen Whole Chicken Exports in Australia
- Frozen Whole Chicken Imports in Australia
Frozen Whole Chicken Price in Australia (FOB) - 2023
In September 2023, the average frozen whole chicken export price amounted to $2,360 per ton, surging by 30% against the previous month. Over the period under review, export price indicated perceptible growth from September 2022 to September 2023: its price increased at an average monthly rate of +3.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, frozen whole chicken export price increased by +113.5% against May 2023 indices. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 57% against the previous month. Over the period under review, the average export prices reached the maximum in September 2023.
Average prices varied somewhat for the major foreign markets. In September 2023, the countries with the highest prices were Bahrain ($2,677 per ton) and Vanuatu ($2,533 per ton), while the average price for exports to Solomon Islands ($2,108 per ton) and Tonga ($2,150 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Whole Chicken Price in Australia (CIF) - 2022
In 2022, the average frozen whole chicken import price amounted to $1,693 per ton, which is down by -25.1% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 22%. As a result, import price attained the peak level of $2,261 per ton, and then contracted sharply in the following year.
As there is only one major supplying country, the average price level is determined by prices for New Zealand.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +0.9% per year.
Frozen Whole Chicken Exports in Australia
In 2022, overseas shipments of frozen whole chickens were finally on the rise to reach 4.3K tons for the first time since 2019, thus ending a two-year declining trend. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some 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 whole chicken exports skyrocketed to $6.3M in 2022. Overall, exports recorded a significant expansion.
| Export of Frozen Whole Chicken in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Papua New Guinea | 1,414 | 1,092 | 1,089 | 3,353 | 33.4% |
| Philippines | 202 | N/A | 510 | 1,085 | 75.1% |
| Vanuatu | 61.8 | 107 | 256 | 616 | 115.2% |
| Solomon Islands | 105 | 257 | 416 | 583 | 77.1% |
| Hong Kong SAR | 1,136 | 981 | 310 | 247 | -39.9% |
| South Korea | 39.9 | N/A | N/A | 115 | 42.3% |
| Nauru | 228 | 201 | 153 | 45.7 | -41.5% |
| Singapore | 31.5 | 4,212 | 7.7 | 38.0 | 6.5% |
| Others | 319 | 263 | 166 | 194 | -15.3% |
| Total | 3,537 | 7,113 | 2,909 | 6,276 | 21.1% |
Top Export Markets for Frozen Whole Chicken from Australia in 2022:
- Papua New Guinea (2357.6 tons)
- Philippines (1073.0 tons)
- Vanuatu (314.6 tons)
- Solomon Islands (277.7 tons)
- South Korea (98.4 tons)
- Hong Kong SAR (82.8 tons)
- Nauru (21.3 tons)
- Singapore (4.4 tons)
Frozen Whole Chicken Imports in Australia
For the third consecutive year, Australia recorded decline in overseas purchases of frozen whole chickens, which decreased by -47.4% to 13 tons in 2022. Overall, imports showed a dramatic shrinkage. The smallest decline of -37.5% was in 2020.
In value terms, frozen whole chicken imports reduced markedly to $22K in 2022. Over the period under review, imports faced a significant contraction. The smallest decline of -43.3% was in 2020.
| Import of Frozen Whole Chicken in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 953 | 470 | 4.5 | 22.4 | -71.4% |
| Singapore | 0.6 | 103 | 24.6 | N/A | 540.3% |
| Others | 65.6 | 4.7 | 27.7 | N/A | -35.0% |
| Total | 1,019 | 578 | 56.8 | 22.4 | -72.0% |
Top Suppliers of Frozen Whole Chicken to Australia in 2022:
- New Zealand (13.2 tons)
This report provides an in-depth analysis of the frozen whole chicken market in Australia. 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:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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.
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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
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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
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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
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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
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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
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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
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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
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