Colombia: Chicken Meat Market 2025

Chicken Meat Market Size in Colombia

In 2021, after nine years of growth, there was significant decline in the Colombian chicken meat market, when its value decreased by -8.9% to $X. Overall, the total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +86.1% against 2012 indices. As a result, consumption attained the peak level of $X, and then dropped in the following year.

Chicken Meat Production in Colombia

In value terms, chicken meat production contracted to $X in 2021 estimated in export price. Over the period under review, the total production indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +7.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +91.3% against 2012 indices. The pace of growth was the most pronounced in 2020 with an increase of 30%. As a result, production attained the peak level of $X, and then shrank in the following year.

In 2021, the average chicken meat yield in Colombia amounted to X kg per head, flattening at the previous year's figure. In general, the yield showed a perceptible slump. The most prominent rate of growth was recorded in 2017 with an increase of 5.3%. The chicken meat yield peaked at X kg per head in 2012; however, from 2013 to 2021, the yield stood at a somewhat lower figure.

In 2021, number of animals slaughtered for chicken meat production in Colombia amounted to X heads, with an increase of 4.3% against the previous year. Overall, the total number of producing animals indicated a strong increase from 2012 to 2021: its figure increased at an average annual rate of +8.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, number of animals slaughtered for chicken meat production increased by +107.6% against 2012 indices. The pace of growth was the most pronounced in 2013 when the number of producing animals increased by 30%. The number of animals slaughtered for chicken meat production peaked in 2021 and is likely to see steady growth in the near future.

Chicken Meat Exports

Exports from Colombia

In 2021, after two years of growth, there was significant decline in shipments abroad of chicken meat, when their volume decreased by -22.2% to X tons. Over the period under review, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 16%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, chicken meat exports shrank sharply to $X in 2021. In general, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 56% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Curacao (X tons), Vietnam (X tons) and Guatemala (X tons) were the main destinations of chicken meat exports from Colombia, with a combined 87% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Curacao (with a CAGR of +29.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for chicken meat exported from Colombia were Curacao ($X), Vietnam ($X) and Guatemala ($X), with a combined 87% share of total exports.

Among the main countries of destination, Curacao, with a CAGR of +28.6%, saw the highest growth rate of 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

The average chicken meat export price stood at $X per ton in 2021, which is down by -12.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2020 an increase of 34% against the previous year. As a result, the export price reached the peak level of $X per ton, and then declined in the following year.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Chicken Meat Imports

Imports into Colombia

In 2021, chicken meat imports into Colombia totaled X tons, picking up by 4.4% compared with the previous year. Overall, imports posted prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 85% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, chicken meat imports skyrocketed to $X in 2021. In general, imports recorded a prominent expansion. The growth pace was the most rapid in 2016 with an increase of 68%. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, the United States (X tons) was the main supplier of chicken meat to Colombia, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at +13.2%.

In value terms, the United States ($X) constituted the largest supplier of chicken meat to Colombia.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to +18.1%.

Import Prices by Country

The average chicken meat import price stood at $X per ton in 2021, surging by 32% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.5%. The most prominent rate of growth was recorded in 2013 an increase of 32% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +4.3% per year.

Source: IndexBox Platform

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