Benelux: Chicken Meat Market 2024

Chicken Meat Market Size in Benelux

The Benelux chicken meat market skyrocketed to $X in 2021, rising by 52% against the previous year. The market value increased at an average annual rate of +2.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Chicken Meat Production in Benelux

In value terms, chicken meat production amounted to $X in 2021 estimated in export price. Over the period under review, production recorded a mild curtailment. The pace of growth was the most pronounced in 2018 when the production volume increased by 8.4%. The level of production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

The countries with the highest volumes of production in 2021 were the Netherlands (X tons) and Belgium (X tons).

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +1.2%).

In 2021, the average yield of chicken meat in Benelux reduced slightly to X kg per head, leveling off at the previous year's figure. Over the period under review, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the yield increased by 3%. The level of yield peaked at X kg per head in 2017; afterwards, it flattened through to 2021.

The global number of animals slaughtered for chicken meat production shrank to X heads in 2021, waning by -8% on 2020 figures. Overall, the number of producing animals recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 3.9% against the previous year. As a result, the number of animals produced reached the peak level of X heads. From 2017 to 2021, the growth of this number remained at a somewhat lower figure.

Chicken Meat Exports

Exports in Benelux

In 2021, shipments abroad of chicken meat decreased by -6.7% to X tons, falling for the second consecutive year after four years of growth. The total export volume increased at an average annual rate of +1.1% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 6.7%. The volume of export peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, chicken meat exports rose sharply to $X in 2021. Over the period under review, exports, however, recorded a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands represented the main exporter of chicken meat in Benelux, with the volume of exports recording X tons, which was near 71% of total exports in 2021. It was distantly followed by Belgium (X tons), generating a 29% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to chicken meat exports from the Netherlands stood at +1.0%. At the same time, Belgium (+1.3%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +1.3% from 2012-2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest chicken meat supplier in Benelux, comprising 73% of total exports. The second position in the ranking was held by Belgium ($X), with a 27% share of total exports.

In the Netherlands, chicken meat exports remained relatively stable over the period from 2012-2021.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, growing by 21% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while Belgium stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.6%).

Chicken Meat Imports

Imports in Benelux

In 2021, approx. X tons of chicken meat were imported in Benelux; increasing by 18% against the year before. The total import volume increased at an average annual rate of +2.9% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, chicken meat imports soared to $X in 2021. The total import value increased at an average annual rate of +3.2% over the period from 2012 to 2021; 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

The Netherlands was the largest importing country with an import of about X tons, which accounted for 72% of total imports. It was distantly followed by Belgium (X tons), committing a 27% share of total imports.

Imports into the Netherlands increased at an average annual rate of +2.5% from 2012 to 2021. At the same time, Belgium (+4.2%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing importer imported in Benelux, with a CAGR of +4.2% from 2012-2021. While the share of Belgium (+2.8 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of the Netherlands (-2.9 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) constitutes the largest market for imported chicken meat in Benelux, comprising 70% of total imports. The second position in the ranking was taken by Belgium ($X), with a 28% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in the Netherlands totaled +3.2%.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, rising by 6.4% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 10% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was Belgium ($X per ton), while the Netherlands amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.7%).

Source: IndexBox Platform