Report Update Apr 1, 2024

Peru - Fresh or Chilled Cuts of Chicken - Market Analysis, Forecast, Size, Trends and Insights

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Peru: Fresh Chicken Cut Market 2024

Fresh Chicken Cut Market Size in Peru

In 2021, after two years of growth, there was decline in the Peruvian fresh chicken cut market, when its value decreased by -3.4% to $X. Over the period under review, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -5.2% against 2017 indices. Fresh chicken cut consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Fresh Chicken Cut Production in Peru

In value terms, fresh chicken cut production shrank slightly to $X in 2021 estimated in export price. Overall, the total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +12.9% against 2018 indices. The pace of growth was the most pronounced in 2013 with an increase of 30% against the previous year. Fresh chicken cut production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Fresh Chicken Cut Exports

Exports from Peru

In 2021, shipments abroad of fresh or chilled cuts of chicken decreased by -26.1% to X tons, falling for the third year in a row after four years of decline. In general, exports saw a pronounced decline. The pace of growth was the most pronounced in 2014 with an increase of 286% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, fresh chicken cut exports fell to $X in 2021. Over the period under review, exports showed a noticeable descent. The growth pace was the most rapid in 2014 when exports increased by 246% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Hungary (X kg) was the main destination for fresh chicken cut exports from Peru, accounting for a approx. 0.2% share of total exports.

From 2013 to 2021, the average annual rate of growth in terms of volume to Hungary amounted to +41.4%.

In value terms, Hungary ($X) also remains the key foreign market for fresh or chilled cuts of chicken exports from Peru.

From 2013 to 2021, the average annual growth rate of value to Hungary totaled +58.1%.

Export Prices by Country

In 2021, the average fresh chicken cut export price amounted to $X per ton, jumping by 30% against the previous year. Overall, the export price recorded a mild expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Hungary.

From 2013 to 2021, the rate of growth in terms of prices for Hungary amounted to +7.5% per year.

Fresh Chicken Cut Imports

Imports into Peru

Fresh chicken cut imports into Peru soared to X tons in 2021, with an increase of 26% compared with the year before. In general, imports posted a significant increase. The pace of growth appeared the most rapid in 2016 when imports increased by 4,156%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, fresh chicken cut imports skyrocketed to $X in 2021. Over the period under review, imports posted a significant expansion. The growth pace was the most rapid in 2016 when imports increased by 3,969%. Imports peaked in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X tons) was the main fresh chicken cut supplier to Peru, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States amounted to +53.7%.

In value terms, the United States ($X) constituted the largest supplier of fresh or chilled cuts of chicken to Peru.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at +62.4%.

Import Prices by Country

The average fresh chicken cut import price stood at $X per ton in 2021, with an increase of 25% against the previous year. Overall, the import price recorded a prominent expansion. The most prominent rate of growth was recorded in 2018 an increase of 120%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average 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 Spain amounted to +8.2% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fresh or chilled cuts of chicken in the world?

The country with the largest volume of fresh chicken cut consumption was China, comprising approx. 13% of total volume. Moreover, fresh chicken cut consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was held by India, with a 4.6% share.

What are the largest producers of fresh or chilled cuts of chicken in the world?

The countries with the highest volumes of production in 2021 were China, the United States and India, with a combined 25% share of global production.

What are the leading suppliers of fresh or chilled cuts of chicken to Peru?

In value terms, the United States constituted the largest supplier of fresh or chilled cuts of chicken to Peru.

What are the leading importers of fresh or chilled cuts of chicken from Peru?

In value terms, Hungary $10) remains the key foreign market for fresh or chilled cuts of chicken exports from Peru.

What is the average export price for fresh or chilled cuts of chicken in Peru?

The average fresh chicken cut export price stood at $3,825 per ton in 2021, with an increase of 30% against the previous year.

What is the average import price for fresh or chilled cuts of chicken in Peru?

In 2021, the average fresh chicken cut import price amounted to $1,839 per ton, rising by 25% against the previous year.

This report provides an in-depth analysis of the fresh chicken cut market in Peru. 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 2030.

Product coverage:

Prodcom 10121050 - Fresh or chilled cuts of chicken

Country coverage:

Peru

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Peru
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023