U.S. - Poultry - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingAmerica's Poultry Export Decreases to $379M in Feb 2023
U.S. Poultry Exports
Poultry exports from the United States declined slightly to 309K tons in February 2023, which is down by -3% against January 2023. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2022 with an increase of 14% month-to-month.
In value terms, poultry exports declined slightly to $379M (IndexBox estimates) in February 2023. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2022 with an increase of 12% m-o-m.
| COUNTRY | Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Export Value of Poultry in U.S. (million USD) | |||||||||||||
| Mexico | 83.1 | 89.0 | 72.2 | 89.8 | 94.4 | 86.4 | 91.9 | 84.0 | 86.5 | 78.3 | 75.0 | 73.0 | 77.0 |
| China | 92.4 | 100 | 90.9 | 97.4 | 105 | 89.5 | 106 | 86.3 | 90.6 | 79.1 | 63.6 | 65.6 | 62.0 |
| Canada | 29.2 | 36.4 | 33.6 | 37.6 | 42.3 | 44.0 | 43.2 | 39.9 | 35.1 | 27.7 | 26.3 | 28.5 | 27.8 |
| Taiwan (Chinese) | 22.5 | 19.8 | 20.9 | 41.8 | 36.2 | 28.9 | 20.0 | 20.9 | 19.4 | 16.5 | 20.5 | 22.0 | 26.3 |
| Cuba | 27.3 | 25.6 | 18.0 | 14.3 | 22.6 | 23.0 | 26.4 | 31.1 | 20.5 | 31.9 | 33.1 | 27.3 | 23.4 |
| Guatemala | 14.7 | 14.5 | 11.9 | 10.8 | 12.5 | 14.4 | 16.7 | 15.9 | 15.6 | 10.7 | 8.1 | 12.2 | 11.9 |
| Vietnam | 5.5 | 10.1 | 8.7 | 8.1 | 11.4 | 11.6 | 17.5 | 16.5 | 18.6 | 8.8 | 5.2 | 6.9 | 8.8 |
| Congo | 5.7 | 6.2 | 5.2 | 4.3 | 5.6 | 6.9 | 8.6 | 13.0 | 10.9 | 7.8 | 7.3 | 7.4 | 8.7 |
| Angola | 13.8 | 9.9 | 5.8 | 7.3 | 35.3 | 13.8 | 19.2 | 26.0 | 36.9 | 31.9 | 19.6 | 15.5 | 8.3 |
| Dominican Republic | 6.1 | 7.6 | 5.8 | 7.8 | 3.7 | 4.0 | 4.7 | 4.3 | 4.8 | 5.4 | 3.3 | 3.9 | 7.5 |
| Philippines | 11.6 | 15.5 | 18.1 | 21.1 | 19.8 | 21.6 | 21.8 | 27.2 | 25.3 | 16.1 | 9.8 | 7.8 | 7.3 |
| South Africa | 7.2 | 11.7 | 7.1 | 5.3 | 2.6 | 1.6 | 1.0 | 2.4 | 4.2 | 6.9 | 3.0 | 5.2 | 7.2 |
| Haiti | 8.8 | 8.6 | 8.3 | 10.7 | 10.2 | 10.3 | 6.6 | 3.2 | 1.4 | 3.3 | 6.4 | 9.0 | 7.1 |
| Others | 88.4 | 96.8 | 117 | 116 | 110 | 108 | 107 | 99.5 | 116 | 106 | 105 | 98.1 | 95.7 |
| Total | 416 | 452 | 423 | 472 | 511 | 464 | 491 | 470 | 486 | 430 | 387 | 383 | 379 |
Exports by Country
Mexico (65K tons), China (38K tons) and Cuba (23K tons) were the main destinations of poultry exports from the United States, together accounting for 41% of total exports. Taiwan (Chinese), Guatemala, Canada, Vietnam, Congo, Haiti, Angola, the Philippines, the Dominican Republic and South Africa lagged somewhat behind, together accounting for a further 32%.
From February 2022 to February 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Dominican Republic (with a CAGR of +6.2%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for poultry exported from the United States were Mexico ($77M), China ($62M) and Canada ($28M), together comprising 44% of total exports. Taiwan (Chinese), Cuba, Guatemala, Vietnam, Congo, Angola, the Dominican Republic, the Philippines, South Africa and Haiti lagged somewhat behind, together comprising a further 31%.
Vietnam, with a CAGR of +4.0%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Exports by Type
Chicken meat (300K tons) was the largest type of poultry exported from the United States, accounting for a 97% share of total exports. It was followed by turkey meat (8.6K tons), with a 2.8% share of total exports.
From February 2022 to February 2023, the average monthly growth rate of the volume of export of chicken meat was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: turkey meat (-2.6% per month) and duck and goose meat (+3.1% per month).
In value terms, chicken meat ($354M) remains the largest type of poultry exported from the United States, comprising 93% of total exports. The second position in the ranking was held by turkey meat ($23M), with a 6.1% share of total exports.
From February 2022 to February 2023, the average monthly rate of growth in terms of the export volume of chicken meat was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: turkey meat (-4.0% per month) and duck and goose meat (+4.3% per month).
Export Prices by Country
In February 2023, the poultry price stood at $1,227 per ton (FOB, US), growing by 2.1% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in June 2022 an increase of 16% month-to-month. As a result, the export price reached the peak level of $1,561 per ton. From July 2022 to February 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($2,818 per ton), while the average price for exports to Haiti ($894 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the poultry market in the U.S.. 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 2030.
Product coverage:
- FCL 1058 - Chicken meat
- FCL 1059 - Offals and liver of chickens
- FCL 1069 - Duck meat
- FCL 1073 - Goose meat
- FCL 1074 - Offals and liver of geese
- FCL 1075 - Offals and liver of ducks
- FCL 1080 - Turkey meat
- FCL 1081 - Offals and liver of turkey
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Producing Animals Slaughtered, 2012–2024
- Yield, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
