Latest Report Update: Apr 13, 2021

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

Frozen Chicken Cut Market Size in Peru

In 2019, after three years of growth, there was decline in the Peruvian frozen chicken cut market, when its value decreased by -X% to $X. The market value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2009; however, from 2010 to 2019, consumption remained at a lower figure.

Frozen Chicken Cut Production in Peru

In value terms, frozen chicken cut production shrank to $X in 2019 estimated in export prices. Over the period under review, production continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Frozen chicken cut production peaked at $X in 2009; however, from 2010 to 2019, production stood at a somewhat lower figure.

In 2019, the average yield of frozen cuts of chicken in Peru amounted to X kg per head, stabilizing at the year before. Over the period under review, the yield continues to indicate a relatively flat trend pattern.

In 2019, the number of animals slaughtered for frozen chicken cut production in Peru was estimated at X head, flattening at the previous year. Overall, the number of producing animals continues to indicate a relatively flat trend pattern.

Frozen Chicken Cut Exports

Exports from Peru

In 2019, overseas shipments of frozen cuts of chicken decreased by -X% to X tonnes, falling for the eighth consecutive year after two years of growth. Overall, exports continue to indicate a dramatic contraction. The pace of growth appeared the most rapid in 2010 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2011; however, from 2012 to 2019, exports failed to regain the momentum.

In value terms, frozen chicken cut exports dropped rapidly to $X in 2019. Over the period under review, exports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. As a result, exports attained the peak of $X. From 2009 to 2019, the growth exports failed to regain the momentum.

Exports by Country

The Netherlands (X tonnes) was the main destination for frozen chicken cut exports from Peru, with a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to the Netherlands amounted to +X%.

In value terms, the Netherlands ($X) also remains the key foreign market for frozen chicken cut exports from Peru.

From 2007 to 2019, the average annual rate of growth in terms of value to the Netherlands totaled +X%.

Export Prices by Country

In 2019, the average frozen chicken cut export price amounted to $X per tonne, declining by -X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. The export price peaked at $X per tonne in 2009; however, from 2010 to 2019, export prices remained at a lower figure.

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

From 2007 to 2019, the rate of growth in terms of prices for the Netherlands amounted to -X% per year.

Frozen Chicken Cut Imports

Imports into Peru

For the eighth year in a row, Peru recorded growth in overseas purchases of frozen cuts of chicken, which increased by X% to X tonnes in 2019. Overall, imports saw significant growth. The pace of growth was the most pronounced in 2008 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2019 and are likely to see steady growth in years to come.

In value terms, frozen chicken cut imports reached $X in 2019. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum in 2019 and are expected to retain growth in the near future.

Imports by Country

The U.S. (X tonnes), Brazil (X tonnes) and Chile (X tonnes) were the main suppliers of frozen chicken cut imports to Peru, with a combined X% share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil, while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), the U.S. ($X) and Chile ($X) constituted the largest frozen chicken cut suppliers to Peru, with a combined X% share of total imports.

Brazil (+X% per year) recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average frozen chicken cut import price amounted to $X per tonne, flattening at the previous year. Over the period under review, import price indicated a perceptible increase from 2007 to 2019: its price 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, frozen chicken cut import price increased by +X% against 2015 indices. The growth pace was the most rapid in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2019 and is expected to retain growth in years to come.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Brazil, while the prices for the other major suppliers 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 the world?
+
China (3.9M tonnes) remains the largest frozen chicken cut consuming country worldwide, accounting for 16% of total volume. Moreover, frozen chicken cut consumption in China exceeded the figures recorded by the second-largest consumer, India (1.5M tonnes), threefold. The U.S. (1.3M tonnes) ranked third in terms of total consumption with a 5.4% share.
What are the largest producers of frozen cuts of chicken in the world?
+
The countries with the highest volumes of frozen chicken cut production in 2019 were the U.S. (4M tonnes), China (3.5M tonnes) and Brazil (3.5M tonnes), together comprising 47% of global production. India, Russia, Indonesia, Thailand, Poland, Bangladesh, Turkey, Nigeria and Pakistan lagged somewhat behind, together accounting for a further 24%.
What are the leading suppliers of frozen cuts of chicken to Peru?
+
In value terms, the largest frozen chicken cut suppliers to Peru were Brazil ($27M), the U.S. ($21M) and Chile ($664K), with a combined 100% share of total imports.
What are the leading importers of frozen cuts of chicken from Peru?
+
In value terms, the Netherlands ($983) remains the key foreign market for frozen chicken cut exports from Peru.
What is the average export price for frozen cuts of chicken in Peru?
+
The average frozen chicken cut export price stood at $851 per tonne in 2019, declining by -9.5% against the previous year.
What is the average import price for frozen cuts of chicken in Peru?
+
In 2019, the average frozen chicken cut import price amounted to $1,097 per tonne, flattening at 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 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 2025.


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:
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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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, PRODUCING ANIMALS AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

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

The Largest Destinations for Exports

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

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 In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Producing Animals Slaughtered, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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