CIS: Frozen Chicken Cut Market Overview 2021

Frozen Chicken Cut Market Size in CIS

The CIS frozen chicken cut market dropped to $X in 2020, which is down by -X% against the previous year. Overall, consumption enjoyed a resilient increase. The growth pace was the most rapid in 2011 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2019, and then contracted in the following year.

Frozen Chicken Cut Production in CIS

In value terms, frozen chicken cut production rose significantly to $X in 2020 estimated in export prices. Over the period under review, production enjoyed resilient growth. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, production hit record highs in 2020 and is likely to continue growth in years to come.

The country with the largest volume of frozen chicken cut production was Russia (X tonnes), comprising approx. X% of total volume. Moreover, frozen chicken cut production in Russia exceeded the figures recorded by the second-largest producer, Belarus (X tonnes), more than tenfold. Uzbekistan (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual growth rate of volume in Russia amounted to +X%. In the other countries, the average annual rates were as follows: Belarus (+X% per year) and Uzbekistan (-X% per year).

Production By Country in CIS

Russia (X tonnes) remains the largest frozen chicken cut producing country in the CIS, comprising approx. X% of total volume. Moreover, frozen chicken cut production in Russia exceeded the figures recorded by the second-largest producer, Belarus (X tonnes), more than tenfold. Uzbekistan (X tonnes) ranked third in terms of total production with a X% share.

In Russia, frozen chicken cut production increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Belarus (+X% per year) and Uzbekistan (-X% per year).

Frozen Chicken Cut Exports

Exports in CIS

In 2020, approx. X tonnes of frozen cuts of chicken were exported in the CIS; rising by X% on the previous year's figure. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The volume of export peaked in 2020 and is expected to retain growth in the immediate term.

In value terms, frozen chicken cut exports soared to $X in 2020. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2017 when exports increased by X% year-to-year. The level of export peaked in 2020 and is expected to retain growth in the near future.

Exports by Country

In 2020, Russia (X tonnes) represented the key exporter of frozen cuts of chicken, committing X% of total exports. It was distantly followed by Belarus (X tonnes), achieving an X% share of total exports.

Russia was also the fastest-growing in terms of the frozen cuts of chicken exports, with a CAGR of +X% from 2007 to 2020. At the same time, Belarus (+X%) displayed positive paces of growth. While the share of Russia (+X p.p.) and Belarus (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest frozen chicken cut supplier in the CIS, comprising X% of total exports. The second position in the ranking was occupied by Belarus ($X), with a X% share of total exports.

In Russia, frozen chicken cut exports increased at an average annual rate of +X% over the period from 2007-2020.

Export Prices by Country

The frozen chicken cut export price in the CIS stood at $X per tonne in 2020, falling by -X% against the previous year. Export price indicated a slight increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, frozen chicken cut export price increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2019 an increase of X% year-to-year. Over the period under review, export prices reached the peak figure at $X per tonne in 2009; however, from 2010 to 2020, export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2020, the country with the highest price was Belarus ($X per tonne), while Russia amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Russia.

Frozen Chicken Cut Imports

Imports in CIS

In 2020, the amount of frozen cuts of chicken imported in the CIS dropped significantly to X tonnes, falling by -X% compared with the previous year. Over the period under review, imports showed a deep slump. The most prominent rate of growth was recorded in 2019 when imports increased by X% year-to-year. The volume of import peaked at X tonnes in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

In value terms, frozen chicken cut imports reduced dramatically to $X in 2020. In general, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2012 when imports increased by X% y-o-y. The level of import peaked at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

Imports by Country

Russia was the major importing country with an import of about X tonnes, which amounted to X% of total imports. Kazakhstan (X tonnes) occupied the second position in the ranking, distantly followed by Armenia (X tonnes), Uzbekistan (X tonnes), Kyrgyzstan (X tonnes), Belarus (X tonnes), Tajikistan (X tonnes), Azerbaijan (X tonnes) and Moldova (X tonnes). All these countries together held near X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Uzbekistan, while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported frozen cuts of chicken in the CIS, comprising X% of total imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of total imports. It was followed by Belarus, with a X% share.

In Russia, frozen chicken cut imports decreased by an average annual rate of -X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Kazakhstan (+X% per year) and Belarus (+X% per year).

Import Prices by Country

The frozen chicken cut import price in the CIS stood at $X per tonne in 2020, reducing by -X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 when the import price increased by X% y-o-y. The level of import peaked at $X per tonne in 2014; however, from 2015 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Belarus ($X per tonne), while Uzbekistan ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Belarus, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform