Northern America: Fresh Chicken Cut Market 2024

Fresh Chicken Cut Market Size in Northern America

The North American fresh chicken cut market reduced to $X in 2022, with a decrease of -11.7% against the previous year. The total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +7.7% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Fresh Chicken Cut Production in Northern America

In value terms, fresh chicken cut production fell to $X in 2022 estimated in export price. The total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +29.9% against 2020 indices. The growth pace was the most rapid in 2016 when the production volume increased by 49% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

The United States (X tons) remains the largest fresh chicken cut producing country in Northern America, accounting for 67% of total volume. Moreover, fresh chicken cut production in the United States exceeded the figures recorded by the second-largest producer, Canada (X tons), twofold.

In the United States, fresh chicken cut production remained relatively stable over the period from 2012-2022.

Fresh Chicken Cut Exports

Exports in Northern America

Fresh chicken cut exports expanded to X tons in 2022, picking up by 4.5% on 2021 figures. The total export volume increased at an average annual rate of +2.9% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 13% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, fresh chicken cut exports soared to $X in 2022. Total exports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.5% against 2018 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 33%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The United States dominates exports structure, resulting at X tons, which was approx. 98% of total exports in 2022. Canada (X tons) held a little share of total exports.

The United States was also the fastest-growing in terms of the fresh or chilled cuts of chicken exports, with a CAGR of +3.1% from 2012 to 2022. Canada (-5.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States increased by +2.2 percentage points.

In value terms, the United States ($X) remains the largest fresh chicken cut supplier in Northern America, comprising 94% of total exports. The second position in the ranking was taken by Canada ($X), with a 5.9% share of total exports.

In the United States, fresh chicken cut exports expanded at an average annual rate of +2.5% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, picking up by 12% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the export price increased by 35%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+6.6%).

Fresh Chicken Cut Imports

Imports in Northern America

In 2022, overseas purchases of fresh or chilled cuts of chicken decreased by -3.3% to X tons, falling for the second year in a row after two years of growth. Overall, imports recorded a mild downturn. The pace of growth was the most pronounced in 2020 with an increase of 22% against the previous year. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, fresh chicken cut imports surged to $X in 2022. Total imports indicated slight growth from 2012 to 2022: its value increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Canada dominates imports structure, accounting for X tons, which was approx. 91% of total imports in 2022. It was distantly followed by the United States (X tons), committing an 8.8% share of total imports.

Imports into Canada decreased at an average annual rate of -2.0% from 2012 to 2022. The United States experienced a relatively flat trend pattern. While the share of the United States (+2 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Canada (-2.5 p.p.) displayed negative dynamics.

In value terms, Canada ($X) constitutes the largest market for imported fresh or chilled cuts of chicken in Northern America, comprising 85% of total imports. The second position in the ranking was taken by the United States ($X), with a 14% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Canada was relatively modest.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, jumping by 56% against the previous year. Import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fresh chicken cut import price increased by +92.3% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.3%).

Source: IndexBox Platform

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