Asia-Pacific: Frozen Poultry Liver Market 2024

Frozen Poultry Liver Market Size in Asia-Pacific

The Asia-Pacific frozen poultry liver market expanded remarkably to $X in 2022, surging by X% against the previous year. The total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2012 indices. The pace of growth appeared the most rapid in 2019 with an increase of X%. The level of consumption peaked in 2022 and is likely to see steady growth in the near future.

Frozen Poultry Liver Production in Asia-Pacific

In value terms, frozen poultry liver production declined to $X in 2022 estimated in export price. The total production indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Frozen Poultry Liver Exports

Exports in Asia-Pacific

In 2022, shipments abroad of frozen poultry livers and offal increased by X% to X tons, rising for the second year in a row after three years of decline. In general, exports, however, continue to indicate a noticeable shrinkage. The growth pace was the most rapid in 2014 when exports increased by X%. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, frozen poultry liver exports soared to $X in 2022. Total exports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand was the key exporting country with an export of about X tons, which recorded X% of total exports. China (X tons) ranks second in terms of the total exports with a X% share, followed by Australia (X%), Hong Kong SAR (X%) and Singapore (X%). South Korea (X tons) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to frozen poultry liver exports from Thailand stood at X%. At the same time, Singapore (X%), China (X%) and Australia (X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. South Korea experienced a relatively flat trend pattern. By contrast, Hong Kong SAR (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand, China, Singapore and Australia increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest frozen poultry liver supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by China ($X), with an X% share of total exports. It was followed by Australia, with a X% share.

In Thailand, frozen poultry liver exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: China (X% per year) and Australia (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, increasing by X% against the previous year. Export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen poultry liver export price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced more modest paces of growth.

Frozen Poultry Liver Imports

Imports in Asia-Pacific

In 2022, purchases abroad of frozen poultry livers and offal decreased by X% to X tons, falling for the second year in a row after three years of growth. Total imports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, frozen poultry liver imports skyrocketed to $X in 2022. Total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2014 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China represented the key importer of frozen poultry livers and offal in Asia-Pacific, with the volume of imports reaching X tons, which was near X% of total imports in 2022. Japan (X tons) took the second position in the ranking, followed by the Philippines (X tons), Taiwan (Chinese) (X tons), South Korea (X tons), Malaysia (X tons) and Singapore (X tons). All these countries together held approx. X% share of total imports.

Imports into China increased at an average annual rate of X% from 2012 to 2022. At the same time, Malaysia (X%), the Philippines (X%), South Korea (X%), Singapore (X%) and Japan (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Taiwan (Chinese) (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, the Philippines and Malaysia increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported frozen poultry livers and offal in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with an X% share of total imports. It was followed by the Philippines, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at X%. In the other countries, the average annual rates were as follows: Japan (X% per year) and the Philippines (X% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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