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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

Frozen Chicken Cut Market Size in Latin America and the Caribbean

In 2020, the Latin American frozen chicken cut market decreased by -X% to $X for the first time since 2016, thus ending a three-year rising trend. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the market value increased by X% y-o-y. The level of consumption peaked at $X in 2019, and then dropped in the following year.

Frozen Chicken Cut Production in Latin America and the Caribbean

In value terms, frozen chicken cut production fell to $X in 2020 estimated in export prices. The total output 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 most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2019, and then reduced in the following year.

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, Mexico (X tonnes), more than tenfold. The third position in this ranking was occupied by Argentina (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume in Brazil amounted to +X%. The remaining producing countries recorded the following average annual rates of production growth: Mexico (+X% per year) and Argentina (+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, Mexico (X tonnes), more than tenfold. Argentina (X tonnes) ranked third in terms of total production with a X% share.

In Brazil, frozen chicken cut production increased at an average annual rate of +X% over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: Mexico (+X% per year) and Argentina (+X% per year).

Frozen Chicken Cut Exports

Exports in Latin America and the Caribbean

In 2020, after four years of growth, there was decline in overseas shipments of frozen cuts of chicken, when their volume decreased by -X% to X tonnes. Total exports indicated a notable expansion from 2007 to 2020: its volume 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, exports increased by +X% against 2013 indices. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at X tonnes in 2019, and then shrank modestly in the following year.

In value terms, frozen chicken cut exports fell dramatically to $X in 2020. Total exports indicated a temperate 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 pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2019, and then reduced remarkably in the following year.

Exports by Country

Brazil dominates frozen chicken cut exports structure, reaching X tonnes, which was near X% of total exports in 2020. It was distantly followed by Argentina (X tonnes), mixing up a X% share of total exports. Chile (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, 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 2007-2020. The shares of the largest exporters 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 2007-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (+X% per year) and Argentina (+X% per year).

Export Prices by Country

The frozen chicken cut export price in Latin America and the Caribbean stood at $X per tonne in 2020, which is down by -X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the export price increased by X% against the previous year. The level of export peaked at $X per tonne in 2011; however, from 2012 to 2020, export prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Argentina, while the other leaders experienced a decline in the export price figures.

Frozen Chicken Cut Imports

Imports in Latin America and the Caribbean

After six years of growth, purchases abroad of frozen cuts of chicken decreased by -X% to X tonnes in 2020. Over the period under review, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tonnes in 2019, and then declined in the following year.

In value terms, frozen chicken cut imports shrank rapidly to $X in 2020. Overall, imports, however, showed a strong increase. The pace of growth was the most pronounced in 2008 when imports increased by X% y-o-y. The level of import peaked at $X in 2019, and then reduced dramatically in the following year.

Imports by Country

In 2020, Cuba (X tonnes), Mexico (X tonnes), Guatemala (X tonnes) and Chile (X tonnes) represented the largest importer of frozen cuts of chicken in Latin America and the Caribbean, making up X% of total import. It was distantly followed by Colombia (X tonnes), mixing up a X% share of total imports. The following importers - Peru (X tonnes), the Dominican Republic (X tonnes), Haiti (X tonnes), Bahamas (X tonnes), Jamaica (X tonnes), Trinidad and Tobago (X tonnes), Falkland Islands (Malvinas) (X tonnes) and Anguilla (X tonnes) - together made up X% of total imports.

From 2007 to 2020, the biggest increases were in Falkland Islands (Malvinas) (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Cuba ($X), Mexico ($X) and Chile ($X) were the countries with the highest levels of imports in 2020, together accounting for X% of total imports. These countries were followed by Guatemala, Colombia, the Dominican Republic, Peru, Bahamas, Falkland Islands (Malvinas), Anguilla, Haiti, Trinidad and Tobago and Jamaica, which together accounted for a further X Islands (Malvinas) (+X% per year) recorded the highest rates of growth with regard to 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 2020, the frozen chicken cut import price in Latin America and the Caribbean amounted to $X per tonne, dropping by -X% against the previous year. Over the period under review, the import price saw 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 2020, import prices stood at a somewhat lower figure.

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

From 2007 to 2020, 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 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 2020 were Brazil (742K tonnes), Mexico (489K tonnes) and Cuba (254K tonnes), together accounting for 53% of total consumption. Argentina, Colombia, Guatemala, Venezuela, Peru, Chile, Ecuador and the Dominican Republic lagged somewhat behind, together comprising a further 31%.
What are the largest producers of frozen cuts of chicken in LatAmerica and the Caribbean?
+
The country with the largest volume of frozen chicken cut production was Brazil (3.5M tonnes), comprising approx. 76% of total volume. Moreover, frozen chicken cut production in Brazil exceeded the figures recorded by the second-largest producer, Mexico (313K tonnes), more than tenfold. The third position in this ranking was occupied by Argentina (312K tonnes), with a 6.7% share.
What are the leading suppliers of frozen cuts of chicken in LatAmerica and the Caribbean?
+
In value terms, Brazil ($4.1B) remains the largest frozen chicken cut supplier in Latin America and the Caribbean, comprising 90% of total exports. The second position in the ranking was occupied by Chile ($258M), with a 5.6% 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 Cuba ($244M), Mexico ($183M) and Chile ($122M), together comprising 47% of total imports. Guatemala, Colombia, the Dominican Republic, Peru, Bahamas, Falkland Islands (Malvinas), Anguilla, Haiti, Trinidad and Tobago and Jamaica lagged somewhat behind, together comprising a further 33%.
What is the average export price for frozen cuts of chicken in LatAmerica and the Caribbean?
+
In 2020, the frozen chicken cut export price in Latin America and the Caribbean amounted to $1,520 per tonne, falling by -12.7% against the previous year.
What is the average import price for frozen cuts of chicken in LatAmerica and the Caribbean?
+
In 2020, the frozen chicken cut import price in Latin America and the Caribbean amounted to $1,025 per tonne, reducing by -11.7% 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
• 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

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

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• 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 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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