Global Poultry Market 2023

Poultry Market Size

After ten years of growth, the global poultry market decreased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Global consumption peaked at $X in 2021, and then shrank in the following year.

Poultry Production

In value terms, poultry production totaled $X in 2022 estimated in export price. In general, the total production 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Global production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

The countries with the highest volumes of production in 2022 were China (X tons), the United States (X tons) and Brazil (X tons), together comprising X% of global production. Russia, India, Indonesia, Mexico, Poland, Japan, Argentina, Turkey, Iran and Egypt lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Egypt (with a CAGR of X%), while production for the other global leaders experienced more modest paces of growth.

The global average poultry yield was estimated at X kg per head in 2022, remaining constant against the previous year's figure. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the yield increased by X%. Over the period under review, the average poultry yield reached the maximum level at X kg per head in 2020; afterwards, it flattened through to 2022.

In 2022, global number of animals slaughtered for poultry production reduced modestly to X heads, approximately reflecting 2021. This number increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, this number reached the peak level at X heads in 2021, and then fell in the following year.

Poultry Exports

Exports

In 2022, global exports of poultry totaled X tons, stabilizing at 2021 figures. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, the global exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, poultry exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the global exports reached the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Brazil (X tons) and the United States (X tons) represented roughly X% of total exports in 2022. Poland (X tons) held the next position in the ranking, followed by the Netherlands (X tons). All these countries together took near X% share of total exports. The following exporters - Turkey (X tons), Germany (X tons), Belgium (X tons), Ukraine (X tons), Russia (X tons), Thailand (X tons), France (X tons) and China (X tons) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest poultry supplying countries worldwide were Brazil ($X), the United States ($X) and Poland ($X), together accounting for X% of global exports. The Netherlands, Germany, Belgium, Thailand, Turkey, France, Ukraine, China and Russia lagged somewhat behind, together comprising a further X%.

Russia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average poultry export price amounted to $X per ton, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Thailand ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other global leaders experienced more modest paces of growth.

Poultry Imports

Imports

For the fifth consecutive year, the global market recorded growth in purchases abroad of poultry, which increased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, global imports attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, poultry imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons), followed by Mexico (X tons) and the Netherlands (X tons) represented the largest importers of poultry, together achieving X% of total imports. The following importers - Germany (X tons), the United Arab Emirates (X tons), Saudi Arabia (X tons), Japan (X tons), France (X tons), Ghana (X tons), the UK (X tons), the Philippines (X tons), Iraq (X tons) and South Africa (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and the UK ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of global imports. France, Japan, the Netherlands, the United Arab Emirates, Mexico, Saudi Arabia, Ghana, the Philippines, Iraq and South Africa lagged somewhat behind, together accounting for a further X%.

The Philippines, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average poultry import price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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