Canada: Frozen Whole Chicken Market 2022

Frozen Whole Chicken Market Size in Canada

The Canadian frozen whole chicken market dropped modestly to $X in 2021, which is down by -X% against the previous year. Overall, the total consumption indicated modest growth from 2012 to 2021: its value 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, consumption increased by +X% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Frozen Whole Chicken Production in Canada

In value terms, frozen whole chicken production contracted to $X in 2021 estimated in export price. Over the period under review, the total production indicated a measured expansion from 2012 to 2021: its value 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, production increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Frozen whole chicken production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Frozen Whole Chicken Exports

Exports from Canada

In 2021, shipments abroad of frozen whole chickens decreased by -X% to X tons, falling for the third consecutive year after three years of growth. In general, exports, however, saw measured growth. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, frozen whole chicken exports stood at $X in 2021. Overall, exports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

The United States (X tons) was the main destination for frozen whole chicken exports from Canada, accounting for a X% share of total exports. Moreover, frozen whole chicken exports to the United States exceeded the volume sent to the second major destination, Togo (X tons), more than tenfold. Hong Kong SAR (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Togo (+X% per year) and Hong Kong SAR (+X% per year).

In value terms, the United States ($X) remains the key foreign market for frozen whole chicken exports from Canada, comprising X% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a X% share of total exports. It was followed by Togo, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+X% per year) and Togo (+X% per year).

Export Prices by Country

In 2021, the average frozen whole chicken export price amounted to $X per ton, with an increase of X% against the previous year. In general, export price indicated prominent growth from 2012 to 2021: its price 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, frozen whole chicken export price increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. The export price peaked in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Cuba ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Whole Chicken Imports

Imports into Canada

In 2021, overseas purchases of frozen whole chickens decreased by -X% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, imports saw a deep downturn. The most prominent rate of growth was recorded in 2019 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, frozen whole chicken imports shrank remarkably to $X in 2021. Over the period under review, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) was the main supplier of frozen whole chicken to Canada, with a approx. X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States totaled -X%.

In value terms, the United States ($X) constituted the largest supplier of frozen whole chicken to Canada.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at -X%.

Import Prices by Country

The average frozen whole chicken import price stood at $X per ton in 2021, growing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced slump. The pace of growth was the most pronounced in 2018 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :