Asia: Frozen Whole Chicken Market 2022

Frozen Whole Chicken Market Size in Asia

The Asian frozen whole chicken market rose sharply to $X in 2021, increasing by X% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Frozen Whole Chicken Production in Asia

In value terms, frozen whole chicken production expanded sharply to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

The country with the largest volume of frozen whole chicken production was China (X tons), accounting for X% of total volume. Moreover, frozen whole chicken production in China exceeded the figures recorded by the second-largest producer, India (X tons), twofold. The third position in this ranking was taken by Turkey (X tons), with an X% share.

From 2012 to 2021, the average annual growth rate of volume in China amounted to -X%. In the other countries, the average annual rates were as follows: India (-X% per year) and Turkey (+X% per year).

Frozen Whole Chicken Exports

Exports in Asia

In 2021, frozen whole chicken exports in Asia soared to X tons, growing by X% against the previous year. Total exports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2016 indices. 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 surged to $X in 2021. Total exports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey prevails in exports structure, reaching X tons, which was approx. X% of total exports in 2021. South Korea (X tons) held the second position in the ranking, followed by the United Arab Emirates (X tons). All these countries together took near X% share of total exports. Oman (X tons) followed a long way behind the leaders.

Exports from Turkey increased at an average annual rate of +X% from 2012 to 2021. At the same time, the United Arab Emirates (+X%), South Korea (+X%) and Oman (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2012-2021. While the share of the United Arab Emirates (+X p.p.), South Korea (+X p.p.) and Oman (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest frozen whole chicken supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

In Turkey, frozen whole chicken exports increased at an average annual rate of +X% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (+X% per year) and South Korea (+X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2021, jumping by X% against the previous year. Overall, the export price, however, showed a noticeable decline. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Oman ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (-X%), while the other leaders experienced a decline in the export price figures.

Frozen Whole Chicken Imports

Imports in Asia

In 2021, imports of frozen whole chickens in Asia totaled X tons, growing by X% on the year before. Overall, imports, however, showed a mild shrinkage. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, frozen whole chicken imports amounted to $X in 2021. In general, imports, however, recorded a noticeable decrease. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Saudi Arabia (X tons) represented the key importer of frozen whole chickens, making up X% of total imports. Iraq (X tons) ranks second in terms of the total imports with a X% share, followed by the United Arab Emirates (X%), Yemen (X%), Kuwait (X%) and Oman (X%). Qatar (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to frozen whole chicken imports into Saudi Arabia stood at -X%. At the same time, Yemen (+X%), the United Arab Emirates (+X%) and Qatar (+X%) displayed positive paces of growth. Moreover, Yemen emerged as the fastest-growing importer imported in Asia, with a CAGR of +X% from 2012-2021. Oman, Kuwait and Iraq experienced a relatively flat trend pattern. From 2012 to 2021, the share of Yemen and the United Arab Emirates increased by +X and +X percentage points, respectively. Saudi Arabia (-X p.p.) saw their shares reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported frozen whole chickens in Asia, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Iraq, with a X% share.

In Saudi Arabia, frozen whole chicken imports decreased by an average annual rate of -X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the United Arab Emirates (-X% per year) and Iraq (-X% per year).

Import Prices by Country

In 2021, the import price in Asia amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Kuwait ($X per ton) and Saudi Arabia ($X per ton), while Iraq ($X per ton) and Yemen ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kuwait (+X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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