Southern Asia: Fresh Whole Chicken Market 2024

Fresh Whole Chicken Market Size in Southern Asia

The South Asian fresh whole chicken market amounted to $X in 2021, therefore, remained relatively stable against the previous year. The total consumption indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +3.7% 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 -0.0% against 2019 indices. The level of consumption peaked at $X in 2019; afterwards, it flattened through to 2021.

Fresh Whole Chicken Production in Southern Asia

In value terms, fresh whole chicken production amounted to $X in 2021 estimated in export price. The total production indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -2.1% against 2018 indices. The most prominent rate of growth was recorded in 2017 with an increase of 37% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

India (X tons) constituted the country with the largest volume of fresh whole chicken production, comprising approx. 48% of total volume. Moreover, fresh whole chicken production in India exceeded the figures recorded by the second-largest producer, Pakistan (X tons), twofold. The third position in this ranking was held by Bangladesh (X tons), with a 21% share.

From 2012 to 2021, the average annual rate of growth in terms of volume in India totaled +3.5%. In the other countries, the average annual rates were as follows: Pakistan (+1.5% per year) and Bangladesh (+2.0% per year).

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Fresh Whole Chicken Exports

Exports in Southern Asia

In 2021, fresh whole chicken exports in Southern Asia soared to X tons, surging by 105% against the previous year's figure. Overall, exports, however, faced a deep contraction. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, fresh whole chicken exports surged to $X in 2021. Over the period under review, exports, however, faced a deep downturn. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Pakistan (X tons) and Sri Lanka (X tons) prevails in exports structure, together comprising 97% of total exports. India (X kg) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Pakistan (with a CAGR of -3.8%), while the other leaders experienced a decline in the exports figures.

In value terms, the largest fresh whole chicken supplying countries in Southern Asia were Pakistan ($X), Sri Lanka ($X) and India ($X).

Among the main exporting countries, Pakistan, with a CAGR of -0.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, waning by -9.1% against the previous year. Export price indicated a modest increase from 2012 to 2021: its price increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, fresh whole chicken export price decreased by -23.1% against 2017 indices. The pace of growth appeared the most rapid in 2016 when the export price increased by 58% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Sri Lanka ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+3.8%), while the other leaders experienced more modest paces of growth.

Fresh Whole Chicken Imports

Imports in Southern Asia

In 2021, after four years of decline, there was significant growth in overseas purchases of fresh or chilled whole chickens, when their volume increased by 7.4% to X tons. In general, imports, however, continue to indicate a significant curtailment. The growth pace was the most rapid in 2015 when imports increased by 281% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, fresh whole chicken imports rose to $X in 2021. Over the period under review, imports, however, continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2015 with an increase of 173%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Bhutan represented the key importer of fresh or chilled whole chickens in Southern Asia, with the volume of imports amounting to X tons, which was near 65% of total imports in 2021. Pakistan (X tons) held the second position in the ranking, followed by Afghanistan (X tons). All these countries together held approx. 32% share of total imports. Maldives (X tons) held a relatively small share of total imports.

Bhutan was also the fastest-growing in terms of the fresh or chilled whole chickens imports, with a CAGR of +17.5% from 2012 to 2021. At the same time, Maldives (+13.5%) displayed positive paces of growth. By contrast, Pakistan (-2.7%) and Afghanistan (-42.3%) illustrated a downward trend over the same period. While the share of Bhutan (+64 p.p.), Pakistan (+18 p.p.) and Maldives (+2.6 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Afghanistan (-84.7 p.p.) displayed negative dynamics.

In value terms, Bhutan ($X) constitutes the largest market for imported fresh or chilled whole chickens in Southern Asia, comprising 65% of total imports. The second position in the ranking was taken by Afghanistan ($X), with a 20% share of total imports. It was followed by Pakistan, with an 11% share.

In Bhutan, fresh whole chicken imports increased at an average annual rate of +13.5% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Afghanistan (-40.4% per year) and Pakistan (-5.9% per year).

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, declining by -5.2% against the previous year. Overall, the import price continues to indicate a slight decrease. The pace of growth was the most pronounced in 2014 when the import price increased by 34% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Afghanistan ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Afghanistan (+3.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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