U.S. - Meat And 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 PricingMeat And Poultry Prices in the United States
U.S. Meat And Poultry Export Price per Ton in August 2022
In August 2022, the meat and poultry price per ton amounted to $3.2K (FOB, US), falling by -1.7% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in March 2022 an increase of 6.8% m-o-m. Over the period under review, the average export prices hit record highs at $3.3K per ton in July 2022, and then contracted slightly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($6.9K per ton), while the average price for exports to Cuba ($1.3K per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
U.S. Meat And Poultry Export Prices by Type
Prices varied noticeably by the product type; the product with the highest price was beef (cattle meat) ($8.6K per ton), while the average price for exports of chicken meat ($1.5K per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for the following types: duck and goose meat (+5.8%), while the prices for the other products experienced more modest paces of growth.
U.S. Meat And Poultry Exports
In August 2022, overseas shipments of meat and poultry were finally on the rise to reach 581K tons after two months of decline. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2022 when exports increased by 9.4% against the previous month. As a result, the exports reached the peak of 622K tons. From June 2022 to August 2022, the growth of the exports failed to regain momentum.
In value terms, meat and poultry exports rose modestly to $1.9B (IndexBox estimates) in August 2022. The total export value increased at an average monthly rate of +1.1% over the period from January 2022 to August 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in March 2022 when exports increased by 14% against the previous month.
U.S. Meat And Poultry Exports by Type
Chicken meat (308K tons), pork (156K tons) and beef (cattle meat) (105K tons) were the main products of meat and poultry exports from the United States, with a combined 98% share of total exports. Turkey meat, duck and goose meat, lamb and sheep meat, meat of camels and other animals, rabbit or hare meat and goat meat lagged somewhat behind, together comprising a further 2%.
From January 2022 to August 2022, the most notable rate of growth in terms of shipments, amongst the major product types, was attained by goat meat (with a CAGR of +82.3%), while the other products experienced more modest paces of growth.
In value terms, beef (cattle meat) ($910M), pork ($461M) and chicken meat ($453M) appeared to be the most exported types of meat and poultry from the United States worldwide, with a combined 98% share of total exports. Turkey meat, duck and goose meat, lamb and sheep meat, meat of camels and other animals, goat meat and rabbit or hare meat lagged somewhat behind, together comprising a further 2.1%.
Among the main product categories, goat meat, with a CAGR of +47.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other products experienced more modest paces of growth.
U.S. Meat And Poultry Exports by Country
Mexico (143K tons), China (106K tons) and Japan (43K tons) were the main destinations of meat and poultry exports from the United States, together comprising 50% of total exports. South Korea, Canada, the Philippines, Cuba, Taiwan (Chinese), Vietnam, Angola, Colombia, Guatemala and the Dominican Republic lagged somewhat behind, together accounting for a further 33%.
From January 2022 to August 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Vietnam (with a CAGR of +19.3%), while the other leaders experienced more modest paces of growth.
In value terms, China ($378M), Mexico ($323M) and South Korea ($255M) appeared to be the largest markets for meat and poultry exported from the United States worldwide, together accounting for 51% of total exports. These countries were followed by Japan, Canada, Taiwan (Chinese), the Philippines, Colombia, the Dominican Republic, Cuba, Vietnam, Guatemala and Angola, which together accounted for a further 35%.
the Philippines, with a CAGR of +16.8%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the meat and 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 1108 - Meat of asses
- FCL 1089 - Meat of pigeons and other birds nes
- FCL 947 - Buffalo meat
- FCL 1127 - Meat of camels
- FCL 867 - Meat of cattle
- FCL 870 - Meat of cattle, boneless
- FCL 1058 - Chicken meat
- FCL 1069 - Duck meat
- FCL 1017 - Goat meat
- FCL 1073 - Goose meat
- FCL 1097 - Horse meat
- FCL 1111 - Meat of mules
- FCL 1158 - Meat of other domestic camelids
- FCL 1151 - Meat of other domestic rodents
- FCL 1035 - Pig meat
- FCL 1141 - Rabbit meat
- FCL 977 - Meat of sheep
- FCL 1080 - Turkey meat
Country coverage:
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
656
This report provides an in-depth analysis of the meat and poultry market in the U.S..
1899
This report provides an in-depth analysis of the beef market in the U.S..
788
This report provides an in-depth analysis of the meat market in the U.S..
384
This report provides an in-depth analysis of the fresh beef carcase market in the U.S..
309
This report provides an in-depth analysis of the fresh beef cut market in the USA.
1955
This report provides an in-depth analysis of the global meat and poultry market.
3517
This report provides an in-depth analysis of the global beef market.
2084
This report provides an in-depth analysis of the global meat market.
513
This report provides an in-depth analysis of the global fresh beef carcase market.
330
Global Fresh Beef Cut Market Report 2018. This report provides an in-depth analysis of the global fresh beef cut market.
954
In January 2022, U.S. meat prices grew tangibly compared to January 2021: beef prices soared by 30%, pork by 11%, turkey gained 18%, and broiler prices skyrocketed by 62%. Prices are set to accelerate due to rising feed costs, spurred by low hay stocks.
180
The US beef market in 2024 showcases growth in consumption and stable production, with evolving trade dynamics indicating a resilient and promising outlook.
93
Challenges persist for restaurant leaders as beef prices increase, prompting strategic responses despite a slowdown in food inflation.
235
Cattle futures reach record highs amid harsh weather and supply challenges in the US beef market.
117
Discover the challenges facing the US beef industry and why Trump's return is unlikely to boost it amidst cattle shortages and economic pressures.
409
Cargill Inc. is set to cut thousands of jobs globally as part of its 2030 strategy, following a sharp decline in profits. The company faces challenges due to decreased crop prices and a reduced US cattle herd.
82
Tyson Foods reveals plans to close its Emporia, Kansas meat plant affecting 809 jobs, as company tackles beef industry challenges and focuses on cost reduction.
2555
Discover the largest companies in the beef industry in the United States and their success strategies, including vertical integration, diversification, innovation, efficiency, sustainability, and customer-centricity.
722
In June 2022, the beef price per ton stood at $9,099 per ton in June 2022, approximately reflecting the previous month.
882
Despite prices remaining consistent in the first half of 2021, an increase is expected in the immediate term. The projected 2% fall in the American cattle population by 2022 threatens to increase the price of beef by near 5%. Investment into the alternative protein sector has dramatically increased; and the emerging food inflation mitigates income growth from counter-covid support measures, which all may restrict the beef market growth.
