Asia-Pacific: Chicken Meat Market 2025

Chicken Meat Market Size in Asia-Pacific

In 2021, the Asia-Pacific chicken meat market decreased by -1% to $X for the first time since 2016, thus ending a four-year rising trend. The market value increased at an average annual rate of +2.7% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The level of consumption peaked at $X in 2020, and then reduced slightly in the following year.

Chicken Meat Production in Asia-Pacific

In value terms, chicken meat production declined to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.0% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by 20%. The level of production peaked at $X in 2020, and then dropped slightly in the following year.

China (X tons) remains the largest chicken meat producing country in Asia-Pacific, comprising approx. 39% of total volume. Moreover, chicken meat production in China exceeded the figures recorded by the second-largest producer, Indonesia (X tons), fourfold. The third position in this ranking was taken by India (X tons), with a 9.8% share.

In China, chicken meat production increased at an average annual rate of +1.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Indonesia (+9.2% per year) and India (+3.5% per year).

The average chicken meat yield dropped to X kg per head in 2021, stabilizing at the year before. Over the period under review, the yield, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the yield increased by 3.9% against the previous year. The level of yield peaked at X kg per head in 2016; however, from 2017 to 2021, the yield remained at a lower figure.

In 2021, approx. X heads of animals slaughtered for chicken meat production in Asia-Pacific; surging by 1.9% against the previous year's figure. This number increased at an average annual rate of +3.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the number of producing animals increased by 10% against the previous year. The level of producing animals peaked in 2021 and is likely to see steady growth in the immediate term.

Chicken Meat Exports

Exports in Asia-Pacific

In 2021, shipments abroad of chicken meat was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, recorded a pronounced slump. The growth pace was the most rapid in 2014 when exports increased by 41%. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, chicken meat exports expanded notably to $X in 2021. The total export value increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of 28%. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Thailand was the major exporter of chicken meat in Asia-Pacific, with the volume of exports finishing at X tons, which was near 47% of total exports in 2021. China (X tons) ranks second in terms of the total exports with a 24% share, followed by Hong Kong SAR (6.6%), Australia (6.1%) and Singapore (4.6%). South Korea (X tons) and New Zealand (X tons) took a little share of total exports.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +16.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), China ($X) and Singapore ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 85% share of total exports.

In terms of the main exporting countries, Thailand, with a CAGR of +18.8%, saw 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 2021, the export price in Asia-Pacific amounted to $X per ton, remaining constant against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.7%. The most prominent rate of growth was recorded in 2020 an increase of 32%. Over the period under review, the export prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+2.3%), while the other leaders experienced more modest paces of growth.

Chicken Meat Imports

Imports in Asia-Pacific

In 2021, after three years of growth, there was significant decline in purchases abroad of chicken meat, when their volume decreased by -5.5% to X tons. The total import volume increased at an average annual rate of +3.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when imports increased by 13%. The volume of import peaked at X tons in 2020, and then contracted in the following year.

In value terms, chicken meat imports reached $X in 2021. The total import value increased at an average annual rate of +3.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of 15% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in years to come.

Imports by Country

In 2021, China (X tons) represented the major importer of chicken meat, committing 38% of total imports. Japan (X tons) took a 16% share (based on physical terms) of total imports, which put it in second place, followed by the Philippines (10%), Hong Kong SAR (7.7%), Vietnam (7.1%) and Taiwan (Chinese) (4.6%). South Korea (X tons) followed a long way behind the leaders.

Imports into China increased at an average annual rate of +13.3% from 2012 to 2021. At the same time, the Philippines (+14.9%), Japan (+3.8%) and South Korea (+2.9%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +14.9% from 2012-2021. By contrast, Vietnam (-2.7%), Taiwan (Chinese) (-3.1%) and Hong Kong SAR (-11.3%) illustrated a downward trend over the same period. While the share of China (+22 p.p.) and the Philippines (+6.4 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Taiwan (Chinese) (-3.4 p.p.), Vietnam (-4.9 p.p.) and Hong Kong SAR (-21.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported chicken meat in Asia-Pacific, comprising 47% of total imports. The second position in the ranking was held by Japan ($X), with a 16% share of total imports. It was followed by Hong Kong SAR, with a 9.1% share.

From 2012 to 2021, the average annual growth rate of value in China stood at +16.5%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (+0.1% per year) and Hong Kong SAR (-7.1% per year).

Import Prices by Country

In 2021, the import price in Asia-Pacific amounted to $X per ton, with an increase of 6.6% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 14%. Over the period under review, import prices attained the maximum in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+4.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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