United Arab Emirates: Frozen Chicken Cut Market 2024

Frozen Chicken Cut Market Size in the United Arab Emirates

The frozen chicken cut market in the United Arab Emirates skyrocketed to $X in 2022, surging by 27% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +94.4% against 2020 indices. Frozen chicken cut consumption peaked in 2022 and is likely to see gradual growth in years to come.

Frozen Chicken Cut Exports

Exports from the United Arab Emirates

In 2022, overseas shipments of frozen cuts of chicken were finally on the rise to reach X tons after four years of decline. In general, exports recorded a remarkable increase. The most prominent rate of growth was recorded in 2014 when exports increased by 113%. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, frozen chicken cut exports soared to $X in 2022. Over the period under review, exports posted a resilient increase. The pace of growth was the most pronounced in 2017 with an increase of 75% against the previous year. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Kuwait (X tons) was the main destination for frozen chicken cut exports from the United Arab Emirates, with a 44% share of total exports. Moreover, frozen chicken cut exports to Kuwait exceeded the volume sent to the second major destination, Brazil (X tons), fourfold. The third position in this ranking was held by Saudi Arabia (X tons), with an 8% share.

From 2012 to 2022, the average annual growth rate of volume to Kuwait amounted to +18.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (0.0% per year) and Saudi Arabia (-4.5% per year).

In value terms, Kuwait ($X) remains the key foreign market for frozen cuts of chicken exports from the United Arab Emirates, comprising 48% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 14% share of total exports. It was followed by Brazil, with a 6.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Kuwait amounted to +16.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-1.8% per year) and Brazil (0.0% per year).

Export Prices by Country

The average frozen chicken cut export price stood at $X per ton in 2022, surging by 47% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Brazil ($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 Yemen (+29.7%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Chicken Cut Imports

Imports into the United Arab Emirates

In 2022, approx. X tons of frozen cuts of chicken were imported into the United Arab Emirates; growing by 5.7% compared with 2021 figures. The total import volume increased at an average annual rate of +4.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, frozen chicken cut imports surged to $X in 2022. Overall, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +97.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Brazil (X tons) constituted the largest frozen chicken cut supplier to the United Arab Emirates, with a 72% share of total imports. Moreover, frozen chicken cut imports from Brazil exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold. The third position in this ranking was held by Turkey (X tons), with a 2.6% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil amounted to +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-4.1% per year) and Turkey (+81.2% per year).

In value terms, Brazil ($X) constituted the largest supplier of frozen cuts of chicken to the United Arab Emirates, comprising 83% of total imports. The second position in the ranking was taken by the United States ($X), with a 9.1% share of total imports. It was followed by Russia, with a 1.9% share.

From 2012 to 2022, the average annual growth rate of value from Brazil amounted to +10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-5.1% per year) and Russia (+487.6% per year).

Import Prices by Country

In 2022, the average frozen chicken cut import price amounted to $X per ton, rising by 25% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2021 an increase of 27% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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