Asia: Frozen Whole Chicken Market Overview 2021

Frozen Whole Chicken Market Size in Asia

In 2019, the Asian frozen whole chicken market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2013; afterwards, it flattened through to 2019.

Frozen Whole Chicken Production in Asia

In value terms, frozen whole chicken production skyrocketed to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

China (X tonnes) constituted the country with the largest volume of frozen whole chicken production, comprising approx. X% of total volume. Moreover, frozen whole chicken production in China exceeded the figures recorded by the second-largest producer, India (X tonnes), threefold. The third position in this ranking was occupied by Turkey (X tonnes), with a X% share.

In China, frozen whole chicken production remained relatively stable over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: India (+X% per year) and Turkey (+X% per year).

Production By Country in Asia

China (X tonnes) remains the largest frozen whole chicken producing country in Asia, comprising approx. X% of total volume. Moreover, frozen whole chicken production in China exceeded the figures recorded by the second-largest producer, India (X tonnes), threefold. Turkey (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2019, the average annual growth rate of volume in China was relatively modest. 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 2019, overseas shipments of frozen whole chickens increased by X% to X tonnes, rising for the fourth consecutive year after two years of decline. Overall, exports showed prominent growth. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. The volume of export peaked in 2019 and is likely to continue growth in the near future.

In value terms, frozen whole chicken exports amounted to $X in 2019. In general, exports continue to indicate a strong increase. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. The level of export peaked at $X in 2013; however, from 2014 to 2019, exports failed to regain the momentum.

Exports by Country

Turkey represented the main exporting country with an export of around X tonnes, which reached X% of total exports. The United Arab Emirates (X tonnes) ranks second in terms of the total exports with a X% share, followed by South Korea (X%). The following exporters - Saudi Arabia (X tonnes) and Thailand (X tonnes) - each amounted to a X% share of total exports.

Exports from Turkey increased at an average annual rate of +X% from 2007 to 2019. At the same time, South Korea (+X%), Thailand (+X%) and the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2007-2019. By contrast, Saudi Arabia (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of Turkey, South Korea, the United Arab Emirates and Thailand increased by +X%, +X%, +X% and +X% percentage points, while Saudi Arabia (-X p.p.) saw their share reduced.

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

In Turkey, frozen whole chicken exports expanded at an average annual rate of +X% over the period from 2007-2019. 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 frozen whole chicken export price in Asia stood at $X per tonne in 2019, surging by X% against the previous year. In general, the export price, however, recorded a mild reduction. The pace of growth was the most pronounced in 2009 an increase of X% against the previous year. The level of export peaked at $X per tonne in 2011; however, from 2012 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Saudi Arabia ($X per tonne), while Thailand ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Saudi Arabia, while the other leaders experienced a decline in the export price figures.

Frozen Whole Chicken Imports

Imports in Asia

In 2019, the amount of frozen whole chickens imported in Asia fell slightly to X tonnes, which is down by -X% against the year before. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2009 with an increase of X% year-to-year. The volume of import peaked at X tonnes in 2013; however, from 2014 to 2019, imports stood at a somewhat lower figure.

In value terms, frozen whole chicken imports fell slightly to $X in 2019. Total imports indicated measured growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2013 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. The level of import peaked at $X in 2013; however, from 2014 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Saudi Arabia (X tonnes), distantly followed by Iraq (X tonnes), the United Arab Emirates (X tonnes), Yemen (X tonnes), Kuwait (X tonnes), Oman (X tonnes) and Qatar (X tonnes) were the largest importers of frozen whole chickens, together mixing up X% of total imports.

From 2007 to 2019, the biggest increases were in Iraq, while purchases for the other leaders experienced more modest paces of growth.

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

In Saudi Arabia, frozen whole chicken imports remained relatively stable over the period from 2007-2019. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (+X% per year) and Iraq (+X% per year).

Import Prices by Country

In 2019, the frozen whole chicken import price in Asia amounted to $X per tonne, remaining relatively unchanged against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per tonne in 2013; however, from 2014 to 2019, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major importing countries. In 2019, major importing countries recorded the following prices: in Kuwait ($X per tonne) and Qatar ($X per tonne), while Iraq ($X per tonne) and Yemen ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the United Arab Emirates, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen whole chickens in Asia?

+

China (908K tonnes) remains the largest frozen whole chicken consuming country in Asia, comprising approx. 26% of total volume. Moreover, frozen whole chicken consumption in China exceeded the figures recorded by the second-largest consumer, Saudi Arabia (398K tonnes), twofold. The third position in this ranking was occupied by India (359K tonnes), with a 10% share.

What are the largest producers of frozen whole chickens in Asia?

+

China (910K tonnes) remains the largest frozen whole chicken producing country in Asia, accounting for 37% of total volume. Moreover, frozen whole chicken production in China exceeded the figures recorded by the second-largest producer, India (361K tonnes), threefold. Turkey (324K tonnes) ranked third in terms of total production with a 13% share.

What are the leading exporters of frozen whole chickens in Asia?

+

In value terms, Turkey ($319M) remains the largest frozen whole chicken supplier in Asia, comprising 67% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($61M), with a 13% share of total exports. It was followed by South Korea, with a 6.1% share.

What are the leading importers of frozen whole chickens in Asia?

+

In value terms, Saudi Arabia ($590M) constitutes the largest market for imported frozen whole chickens in Asia, comprising 29% of total imports. The second position in the ranking was occupied by the United Arab Emirates ($287M), with a 14% share of total imports. It was followed by Iraq, with a 14% share.

What is the average export price for frozen whole chickens in Asia?

+

The frozen whole chicken export price in Asia stood at $1,329 per tonne in 2019, rising by 2.8% against the previous year.

What is the average import price for frozen whole chickens in Asia?

+

The frozen whole chicken import price in Asia stood at $1,456 per tonne in 2019, leveling off at the previous year.