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Eastern Asia - Frozen Cuts Of Chicken - Market Analysis, Forecast, Size, Trends And Insights
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Eastern Asia: Frozen Chicken Cut Market Overview 2021

Frozen Chicken Cut Market Size in Eastern Asia

In 2020, the East Asian frozen chicken cut market increased by X% to $X, rising for the fourth year in a row after two years of decline. The market value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2011 when the market value increased by X% against the previous year. The level of consumption peaked in 2020 and is expected to retain growth in the near future.

Frozen Chicken Cut Production in Eastern Asia

In value terms, frozen chicken cut production shrank to $X in 2020 estimated in export prices. The total production indicated a pronounced expansion from 2007 to 2020: its value 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. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. The level of production peaked at $X in 2019, and then reduced in the following year.

China (X tonnes) constituted the country with the largest volume of frozen chicken cut production, comprising approx. X% of total volume. It was followed by Democratic People's Republic of Korea (X tonnes), with a X% share of total production.

In China, frozen chicken cut production expanded at an average annual rate of +X% over the period from 2007-2020.

Production By Country in Eastern Asia

The country with the largest volume of frozen chicken cut production was China (X tonnes), accounting for X% of total volume. It was followed by Democratic People's Republic of Korea (X tonnes), with a X% share of total production.

From 2007 to 2020, the average annual growth rate of volume in China stood at +X%.

Frozen Chicken Cut Exports

Exports in Eastern Asia

In 2020, approx. X tonnes of frozen cuts of chicken were exported in Eastern Asia; shrinking by -X% against the previous year's figure. Overall, exports recorded a deep slump. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The volume of export peaked at X tonnes in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

In value terms, frozen chicken cut exports dropped markedly to $X in 2020. In general, exports saw a perceptible slump. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2011; however, from 2012 to 2020, exports remained at a lower figure.

Exports by Country

China (X tonnes) and Hong Kong SAR (X tonnes) dominates frozen chicken cut exports structure, together committing X% of total exports. It was distantly followed by South Korea (X tonnes) and Japan (X tonnes), together generating a X% share of total exports.

From 2007 to 2020, the biggest increases were in South Korea, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen chicken cut supplying countries in Eastern Asia were China ($X), Hong Kong SAR ($X) and South Korea ($X), together accounting for X% of total exports. These countries were followed by Japan, which accounted for a further X saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the frozen chicken cut export price in Eastern Asia amounted to $X per tonne, increasing by X% against the previous year. Export price indicated a temperate expansion 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 decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. Over the period under review, export prices reached the peak figure at $X per tonne in 2015; however, from 2016 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per tonne), while South Korea ($X per tonne) was amongst the lowest.

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

Frozen Chicken Cut Imports

Imports in Eastern Asia

In 2020, the amount of frozen cuts of chicken imported in Eastern Asia rose markedly to X tonnes, growing by X% compared with the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2008 when imports increased by X% y-o-y. The volume of import peaked at X tonnes in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

In value terms, frozen chicken cut imports skyrocketed to $X in 2020. Total imports indicated strong growth from 2007 to 2020: its value 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, imports increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. The level of import peaked in 2020 and is expected to retain growth in the near future.

Imports by Country

In 2020, China (X tonnes) was the largest importer of frozen cuts of chicken, making up X% of total imports. Japan (X tonnes) took the second position in the ranking, followed by Hong Kong SAR (X tonnes) and South Korea (X tonnes). All these countries together held near X% share of total imports.

From 2007 to 2020, average annual rates of growth with regard to frozen chicken cut imports into China stood at +X%. At the same time, South Korea (+X%) and Japan (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +X% from 2007-2020. By contrast, Hong Kong SAR (-X%) illustrated a downward trend over the same period. China (+X p.p.) and South Korea (+X p.p.) significantly strengthened its position in terms of the total imports, while Hong Kong SAR saw its share reduced by -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported frozen cuts of chicken in Eastern Asia, comprising X% of total imports. The second position in the ranking was occupied by Japan ($X), with a X% share of total imports. It was followed by Hong Kong SAR, with a X% share.

From 2007 to 2020, 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 Hong Kong SAR (-X% per year).

Import Prices by Country

The frozen chicken cut import price in Eastern Asia stood at $X per tonne in 2020, picking up by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2020 and is likely to continue growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in China ($X per tonne) and Japan ($X per tonne), while Hong Kong SAR ($X per tonne) and South Korea ($X per tonne) were amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen cuts of chicken in Eastern Asia?
+
China (4.8M tonnes) constituted the country with the largest volume of frozen chicken cut consumption, comprising approx. 81% of total volume. Moreover, frozen chicken cut consumption in China exceeded the figures recorded by the second-largest consumer, Japan (561K tonnes), ninefold. Hong Kong SAR (291K tonnes) ranked third in terms of total consumption with a 4.9% share.
What are the largest producers of frozen cuts of chicken in Eastern Asia?
+
The country with the largest volume of frozen chicken cut production was China (3.3M tonnes), comprising approx. 95% of total volume. It was followed by Democratic People's Republic of Korea (109K tonnes), with a 3.1% share of total production.
What are the leading exporters of frozen cuts of chicken in Eastern Asia?
+
In value terms, the largest frozen chicken cut supplying countries in Eastern Asia were China ($173M), Hong Kong SAR ($130M) and South Korea ($19M), with a combined 95% share of total exports. These countries were followed by Japan, which accounted for a further 5.4%.
What are the leading importers of frozen cuts of chicken in Eastern Asia?
+
In value terms, China ($3.4B) constitutes the largest market for imported frozen cuts of chicken in Eastern Asia, comprising 63% of total imports. The second position in the ranking was occupied by Japan ($1.1B), with a 20% share of total imports. It was followed by Hong Kong SAR, with a 12% share.
What is the average export price for frozen cuts of chicken in Eastern Asia?
+
In 2020, the frozen chicken cut export price in Eastern Asia amounted to $1,732 per tonne, with an increase of 13% against the previous year.
What is the average import price for frozen cuts of chicken in Eastern Asia?
+
The frozen chicken cut import price in Eastern Asia stood at $2,096 per tonne in 2020, increasing by 6.4% against the previous year.

Product coverage:
• Prodcom 10122053 - Frozen cuts of chicken

This report provides an in-depth analysis of the frozen chicken cut market in Eastern Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Democratic People's Republic of Korea
• Macao SAR
• Taiwan (Chinese)

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Eastern Asia, split by region and country
• Trade (exports and imports) in Eastern Asia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
PRODUCING ANIMALS AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• China
• Hong Kong SAR
• Macao SAR
• Japan
• South Korea
• Taiwan (Chinese)
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Producing Animals, By Country, 2007–2020
Table 7:
Yield, By Country, 2007–2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Producing Animals, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Producing Animals, By Country, 2020
Figure 24:
Producing Animals, By Country, 2007–2020
Figure 25:
Yield, By Country, 2007–2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020

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