Peru: Chicken Meat Market 2025

Chicken Meat Market Size in Peru

In 2021, after three years of growth, there was decline in the Peruvian chicken meat market, when its value decreased by -2.6% to $X. Over the period under review, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +8.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +5.2% against 2016 indices. Chicken meat consumption peaked at $X in 2020, and then declined in the following year.

Chicken Meat Production in Peru

In value terms, chicken meat production fell modestly to $X in 2021 estimated in export price. In general, production saw a resilient increase. The pace of growth appeared the most rapid in 2013 when the production volume increased by 94% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

In 2021, the average yield of chicken meat in Peru was estimated at X kg per head, remaining relatively unchanged against 2020 figures. The yield figure increased at an average annual rate of +1.0% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 5% against the previous year. The chicken meat yield peaked in 2021 and is likely to see gradual growth in years to come.

The number of animals slaughtered for chicken meat production in Peru was estimated at X heads in 2021, surging by 3.1% against 2020 figures. This number increased at an average annual rate of +3.4% 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 2016 when the number of producing animals increased by 7.1% against the previous year. Over the period under review, this number hit record highs at X heads in 2019; however, from 2020 to 2021, producing animals stood at a somewhat lower figure.

Chicken Meat Exports

Exports from Peru

After three years of decline, shipments abroad of chicken meat increased by 187% to X tons in 2021. Over the period under review, exports saw buoyant growth. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, chicken meat exports skyrocketed to $X in 2021. In general, exports showed tangible growth. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for chicken meat exports from Peru, accounting for a approx. 70% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Saudi Arabia totaled +19.2%.

In value terms, Saudi Arabia ($X) also remains the key foreign market for chicken meat exports from Peru.

From 2012 to 2021, the average annual rate of growth in terms of value to Saudi Arabia stood at +14.5%.

Export Prices by Country

The average chicken meat export price stood at $X per ton in 2021, waning by -21.7% against the previous year. Overall, the export price continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2016 an increase of 95% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2021, the rate of growth in terms of prices for Saudi Arabia amounted to -3.9% per year.

Chicken Meat Imports

Imports into Peru

In 2021, the amount of chicken meat imported into Peru dropped to X tons, falling by -9.3% compared with the previous year's figure. In general, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 49% against the previous year. Imports peaked at X tons in 2020, and then reduced in the following year.

In value terms, chicken meat imports expanded notably to $X in 2021. Overall, imports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2017 with an increase of 34%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Brazil (X tons), the United States (X tons) and Argentina (X tons) were the main suppliers of chicken meat imports to Peru, together accounting for 91% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of +18.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constituted the largest supplier of chicken meat to Peru, comprising 61% of total imports. The second position in the ranking was held by the United States ($X), with a 22% share of total imports. It was followed by Argentina, with an 8.9% share.

From 2012 to 2021, the average annual growth rate of value from Brazil totaled +20.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+12.4% per year) and Argentina (+3.6% per year).

Import Prices by Country

In 2021, the average chicken meat import price amounted to $X per ton, picking up by 26% against the previous year. Overall, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Brazil ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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