Italy: Fresh Chicken Cut Market 2024

Fresh Chicken Cut Market Size in Italy

The Italian fresh chicken cut market soared to $X in 2021, surging by 27% against the previous year. The market value increased at an average annual rate of +3.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Fresh Chicken Cut Production in Italy

In value terms, fresh chicken cut production skyrocketed to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Fresh Chicken Cut Exports

Exports from Italy

In 2021, the amount of fresh or chilled cuts of chicken exported from Italy rose notably to X tons, with an increase of 13% against the year before. Over the period under review, total exports indicated notable growth from 2012 to 2021: its volume increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +24.4% against 2018 indices. The most prominent rate of growth was recorded in 2016 with an increase of 37%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, fresh chicken cut exports surged to $X in 2021. In general, total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +34.3% against 2016 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for fresh chicken cut exports from Italy, accounting for a 55% share of total exports. Moreover, fresh chicken cut exports to Germany exceeded the volume sent to the second major destination, Greece (X tons), fourfold. The third position in this ranking was held by Austria (X tons), with a 6% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +13.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+4.9% per year) and Austria (-1.1% per year).

In value terms, Germany ($X) remains the key foreign market for fresh or chilled cuts of chicken exports from Italy, comprising 70% of total exports. The second position in the ranking was held by Austria ($X), with an 8.5% share of total exports. It was followed by Greece, with a 6.6% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +15.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+0.6% per year) and Greece (-3.9% per year).

Export Prices by Country

The average fresh chicken cut export price stood at $X per ton in 2021, surging by 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.2%. The growth pace was the most rapid in 2018 when the average export price increased by 17%. The export price peaked in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Austria ($X per ton), while the average price for exports to Hong Kong SAR ($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 Ghana (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Fresh Chicken Cut Imports

Imports into Italy

In 2021, purchases abroad of fresh or chilled cuts of chicken increased by 27% to X tons for the first time since 2017, thus ending a three-year declining trend. The total import volume increased at an average annual rate of +6.3% from 2012 to 2021; however, 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.

In value terms, fresh chicken cut imports surged to $X in 2021. The total import value increased at an average annual rate of +4.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest fresh chicken cut supplier to Italy, accounting for a 68% share of total imports. Moreover, fresh chicken cut imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), sevenfold. The third position in this ranking was taken by the Netherlands (X tons), with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+33.5% per year) and the Netherlands (+11.8% per year).

In value terms, Germany ($X) constituted the largest supplier of fresh or chilled cuts of chicken to Italy, comprising 63% of total imports. The second position in the ranking was held by Poland ($X), with a 12% share of total imports. It was followed by the Netherlands, with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+34.9% per year) and the Netherlands (+17.2% per year).

Import Prices by Country

The average fresh chicken cut import price stood at $X per ton in 2021, surging by 13% against the previous year. Overall, the import price, however, recorded a slight descent. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Slovakia ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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