U.S.: Chicken Meat Market 2024

Chicken Meat Market Size in the U.S.

The U.S. chicken meat market dropped slightly to $X in 2022, stabilizing at the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Chicken Meat Production in the U.S.

In value terms, chicken meat production reached $X in 2022. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Chicken meat production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

In 2022, the average chicken meat yield in the United States stood at X kg per head, stabilizing at 2021 figures. Overall, the yield showed slight growth. The pace of growth was the most pronounced in 2015 when the yield increased by X% against the previous year. The chicken meat yield peaked in 2022 and is likely to continue growth in years to come.

In 2022, number of animals slaughtered for chicken meat production in the United States totaled X heads, standing approx. at the previous year. Overall, the number of producing animals continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, this number attained the peak level at X heads in 2020; afterwards, it flattened through to 2022.

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Chicken Meat Exports

Exports from the U.S.

In 2022, exports of chicken meat from the United States rose significantly to X tons, increasing by X% on 2021 figures. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, chicken meat exports soared to $X in 2022. Over the period under review, total exports indicated slight growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Mexico (X tons), China (X tons) and Cuba (X tons) were the main destinations of chicken meat exports from the United States, with a combined X% share of total exports. Taiwan (Chinese), the Philippines, Angola, Canada, Vietnam, Guatemala, Congo, Georgia, Haiti and Colombia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Mexico ($X) and Canada ($X) constituted the largest markets for chicken meat exported from the United States worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average chicken meat export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Georgia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Chicken Meat Imports

Imports into the U.S.

In 2022, approx. X tons of chicken meat were imported into the United States; jumping by X% on 2021 figures. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, chicken meat imports skyrocketed to $X in 2022. Over the period under review, imports saw a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Chile (X tons) constituted the largest supplier of chicken meat to the United States, accounting for a X% share of total imports. Moreover, chicken meat imports from Chile exceeded the figures recorded by the second-largest supplier, Canada (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Chile stood at X%.

In value terms, Chile ($X) constituted the largest supplier of chicken meat to the United States, comprising X% of total imports. The second position in the ranking was taken by Canada ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Chile amounted to X%.

Import Prices by Country

The average chicken meat import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per ton), while the price for Canada totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (X%).

Source: IndexBox Platform

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