U.S. - Frozen Whole Chickens - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Whole Chicken Price in the United States - 2023
Contents:
- Frozen Whole Chicken Price in the United States (FOB) - 2022
- Frozen Whole Chicken Price in the United States (CIF) - 2022
- Frozen Whole Chicken Exports in the United States
- Frozen Whole Chicken Imports in the United States
Frozen Whole Chicken Price in the United States (FOB) - 2022
The average frozen whole chicken export price stood at $1,720 per ton in 2022, with an increase of 19% against the previous year. In general, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen whole chicken export price increased by +61.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 36% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bahamas ($2,748 per ton), while the average price for exports to Haiti ($1,091 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Whole Chicken Price in the United States (CIF) - 2022
In 2022, the average frozen whole chicken import price amounted to $4,168 per ton, almost unchanged from the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 45% against the previous year. The import price peaked at $4,755 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to -0.5% per year.
Frozen Whole Chicken Exports in the United States
In 2022, shipments abroad of frozen whole chickens decreased by -28.9% to 19K tons, falling for the second year in a row after two years of growth. Overall, exports recorded a drastic downturn. The growth pace was the most rapid in 2020 with an increase of 69% against the previous year. As a result, the exports attained the peak of 39K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, frozen whole chicken exports dropped notably to $33M in 2022. The total export value increased at an average annual rate of +5.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 46%. As a result, the exports attained the peak of $41M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Frozen Whole Chicken in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 0.1 | 0.2 | 0.5 | 7.9 | 329.1% |
| Bahamas | 3.1 | 4.5 | 5.6 | 6.7 | 29.3% |
| Haiti | 2.8 | 6.0 | 7.8 | 3.6 | 8.7% |
| China | N/A | 9.9 | 7.5 | 1.5 | -61.1% |
| Angola | 0.2 | 0.3 | N/A | 1.0 | 71.0% |
| Nicaragua | 0.3 | 1.3 | 0.9 | 1.0 | 49.4% |
| Canada | 0.5 | 0.3 | 0.2 | 0.9 | 21.6% |
| Trinidad and Tobago | 0.6 | 0.5 | 0.4 | 0.8 | 10.1% |
| Taiwan (Chinese) | 0.4 | 0.9 | 0.7 | 0.7 | 20.5% |
| Mexico | 8.2 | 8.4 | 3.8 | 0.6 | -58.2% |
| Guatemala | 4.1 | 1.3 | 0.5 | 0.1 | -71.0% |
| Others | 7.9 | 7.6 | 11.5 | 8.4 | 2.1% |
| Total | 28.2 | 41.1 | 39.4 | 33.2 | 5.6% |
Top Export Markets for Frozen Whole Chicken from the United States in 2022:
- Guatemala (undefinedK tons)
- Philippines (5.8K tons)
- Haiti (3.3K tons)
- Bahamas (2.5K tons)
- China (1.3K tons)
- Angola (0.8K tons)
- Nicaragua (0.5K tons)
- Canada (0.4K tons)
- Taiwan (Chinese) (0.4K tons)
- Mexico (0.4K tons)
- Trinidad and Tobago (0.3K tons)
Frozen Whole Chicken Imports in the United States
In 2022, purchases abroad of frozen whole chickens decreased by -25.8% to 1.3K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a slight decrease. The pace of growth was the most pronounced in 2021 with an increase of 16%. As a result, imports attained the peak of 1.8K tons, and then contracted notably in the following year.
In value terms, frozen whole chicken imports fell rapidly to $5.4M in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 19% against the previous year. As a result, imports attained the peak of $7.4M, and then contracted dramatically in the following year.
| Import of Frozen Whole Chicken in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 5.5 | 6.2 | 7.4 | 5.4 | -0.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.5 | 6.2 | 7.4 | 5.4 | -0.6% |
Top Suppliers of Frozen Whole Chicken to the United States in 2022:
- Canada (1.3K tons)
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.
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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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