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Latin America and the Caribbean - Frozen Cuts Of Chicken - Market Analysis, Forecast, Size, Trends And Insights
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Latin America and the Caribbean: Frozen Chicken Cut Market Overview 2021

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Frozen Chicken Cut Market Size in Latin America and the Caribbean

In 2019, the Latin American frozen chicken cut market increased by X% to $X, rising for the third consecutive year after three years of decline. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. The level of consumption peaked in 2019 and is likely to see steady growth in years to come.

Frozen Chicken Cut Production in Latin America and the Caribbean

In value terms, frozen chicken cut production expanded notably 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 remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, production reached the peak level in 2019 and is expected to retain growth in the immediate term.

Brazil (X tonnes) remains the largest frozen chicken cut producing country in Latin America and the Caribbean, comprising approx. X% of total volume. Moreover, frozen chicken cut production in Brazil exceeded the figures recorded by the second-largest producer, Argentina (X tonnes), tenfold. The third position in this ranking was occupied by Mexico (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume in Brazil totaled +X%. The remaining producing countries recorded the following average annual rates of production growth: Argentina (+X% per year) and Mexico (-X% per year).

Production By Country in Latin America and the Caribbean

Brazil (X tonnes) constituted the country with the largest volume of frozen chicken cut production, comprising approx. X% of total volume. Moreover, frozen chicken cut production in Brazil exceeded the figures recorded by the second-largest producer, Argentina (X tonnes), tenfold. The third position in this ranking was occupied by Mexico (X tonnes), with a X% share.

In Brazil, frozen chicken cut production increased at an average annual rate of +X% over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: Argentina (+X% per year) and Mexico (-X% per year).

Frozen Chicken Cut Exports

Exports in Latin America and the Caribbean

Frozen chicken cut exports expanded notably to X tonnes in 2019, increasing by X% on 2018 figures. The total export volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. The volume of export peaked in 2019 and is expected to retain growth in the immediate term.

In value terms, frozen chicken cut exports rose rapidly to $X in 2019. Total exports indicated a resilient expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure in 2019 and are likely to continue growth in years to come.

Exports by Country

Brazil dominates frozen chicken cut exports structure, accounting for X tonnes, which was approx. X% of total exports in 2019. It was distantly followed by Argentina (X tonnes), committing a X% share of total exports. Chile (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, average annual rates of growth with regard to frozen chicken cut exports from Brazil stood at +X%. At the same time, Chile (+X%) and Argentina (+X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2019. Chile (+X p.p.) significantly strengthened its position in terms of the total exports, while Brazil saw its share reduced by -X% from 2007 to 2019, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest frozen chicken cut supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was occupied by Chile ($X), with a X% share of total exports.

In Brazil, frozen chicken cut exports expanded at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Chile (+X% per year) and Argentina (+X% per year).

Export Prices by Country

In 2019, the frozen chicken cut export price in Latin America and the Caribbean amounted to $X per tonne, picking up by X% against the previous year. Over the period from 2007 to 2019, 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, export prices reached the peak figure at $X per tonne in 2011; however, from 2012 to 2019, export prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Argentina, while the other leaders experienced mixed trends in the export price figures.

Frozen Chicken Cut Imports

Imports in Latin America and the Caribbean

For the sixth consecutive year, LatAmerica and the Caribbean recorded growth in purchases abroad of frozen cuts of chicken, which increased by X% to X tonnes in 2019. Overall, imports showed a strong expansion. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. The volume of import peaked in 2019 and is likely to continue growth in the immediate term.

In value terms, frozen chicken cut imports rose rapidly to $X in 2019. In general, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2019 and are likely to see steady growth in the near future.

Imports by Country

Mexico (X tonnes) and Cuba (X tonnes) represented roughly X% of total imports of frozen cuts of chicken in 2019. Guatemala (X tonnes) held a X% share (based on tonnes) of total imports, which put it in second place, followed by Chile (X%), Colombia (X%) and Haiti (X%). Peru (X tonnes), the Dominican Republic (X tonnes), Jamaica (X tonnes) and Trinidad and Tobago (X tonnes) occupied a little share of total imports.

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

In value terms, the largest frozen chicken cut importing markets in Latin America and the Caribbean were Mexico ($X), Cuba ($X) and Chile ($X), with a combined X% share of total imports. Guatemala, Colombia, Haiti, Peru, the Dominican Republic, Trinidad and Tobago and Jamaica lagged somewhat behind, together accounting for a further X saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the frozen chicken cut import price in Latin America and the Caribbean amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. 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 2013; however, from 2014 to 2019, import prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Peru, 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 cuts of chicken in LatAmerica and the Caribbean?
+
The countries with the highest volumes of frozen chicken cut consumption in 2019 were Brazil (626K tonnes), Mexico (501K tonnes) and Cuba (277K tonnes), with a combined 53% share of total consumption. Argentina, Colombia, Guatemala, Venezuela, Peru, Haiti, Chile and Ecuador lagged somewhat behind, together comprising a further 34%.
What are the largest producers of frozen cuts of chicken in LatAmerica and the Caribbean?
+
Brazil (3.5M tonnes) remains the largest frozen chicken cut producing country in Latin America and the Caribbean, comprising approx. 77% of total volume. Moreover, frozen chicken cut production in Brazil exceeded the figures recorded by the second-largest producer, Argentina (346K tonnes), tenfold. Mexico (177K tonnes) ranked third in terms of total production with a 3.9% share.
What are the leading suppliers of frozen cuts of chicken in LatAmerica and the Caribbean?
+
In value terms, Brazil ($4.9B) remains the largest frozen chicken cut supplier in Latin America and the Caribbean, comprising 89% of total exports. The second position in the ranking was occupied by Chile ($319M), with a 5.8% share of total exports.
What are the leading importers of frozen cuts of chicken in LatAmerica and the Caribbean?
+
In value terms, the largest frozen chicken cut importing markets in Latin America and the Caribbean were Mexico ($437M), Cuba ($261M) and Chile ($166M), with a combined 57% share of total imports. These countries were followed by Guatemala, Colombia, Haiti, Peru, the Dominican Republic, Trinidad and Tobago and Jamaica, which together accounted for a further 27%.
What is the average export price for frozen cuts of chicken in LatAmerica and the Caribbean?
+
In 2019, the frozen chicken cut export price in Latin America and the Caribbean amounted to $1,741 per tonne, rising by 5.6% against the previous year.
What is the average import price for frozen cuts of chicken in LatAmerica and the Caribbean?
+
In 2019, the frozen chicken cut import price in Latin America and the Caribbean amounted to $1,162 per tonne, increasing by 4.8% 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 Latin America and the Caribbean. 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:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Curacao
• Dominica
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Saint Kitts and Nevis
• Saint Lucia
• Saint Maarten (Dutch part)
• Saint Vincent and the Grenadines
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2007–2019
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 2007–2019
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

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Producing Animals, By Country, 2007–2019
Table 7:
Yield, By Country, 2007–2019
Table 8:
Imports, In Physical Terms, By Country, 2007–2019
Table 9:
Imports, In Value Terms, By Country, 2007–2019
Table 10:
Import Prices, By Country Of Destination, 2007–2019
Table 11:
Exports, In Physical Terms, By Country, 2007–2019
Table 12:
Exports, In Value Terms, By Country, 2007–2019
Table 13:
Export Prices, By Country Of Origin, 2007–2019
Table 14:
Producer Prices, By Major Producing Country, 2019
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
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, 2007–2019
Figure 18:
Production, In Value Terms, 2007–2019
Figure 19:
Producing Animals, 2007–2019
Figure 20:
Yield, 2007–2019
Figure 21:
Production, By Country, 2019
Figure 22:
Production, In Physical Terms, By Country, 2007–2019
Figure 23:
Producing Animals, By Country, 2019
Figure 24:
Producing Animals, By Country, 2007–2019
Figure 25:
Yield, By Country, 2007–2019
Figure 26:
Imports, In Physical Terms, 2007–2019
Figure 27:
Imports, In Value Terms, 2007–2019
Figure 28:
Imports, In Physical Terms, By Country, 2019
Figure 29:
Imports, In Physical Terms, By Country, 2007–2019
Figure 30:
Imports, In Value Terms, By Country, 2007–2019
Figure 31:
Import Prices, By Country, 2007–2019
Figure 32:
Exports, In Physical Terms, 2007–2019
Figure 33:
Exports, In Value Terms, 2007–2019
Figure 34:
Exports, In Physical Terms, By Country, 2019
Figure 35:
Exports, In Physical Terms, By Country, 2007–2019
Figure 36:
Exports, In Value Terms, By Country, 2007–2019
Figure 37:
Export Prices, 2007–2019

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