Peru: Frozen Chicken Cut Market 2025

Frozen Chicken Cut Market Size in Peru

The Peruvian frozen chicken cut market fell rapidly to $X in 2022, shrinking by -18.6% against the previous year. In general, the total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +3.6% 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 +31.9% against 2020 indices. As a result, consumption attained the peak level of $X, and then contracted dramatically in the following year.

Frozen Chicken Cut Production in Peru

In value terms, frozen chicken cut production reached $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable reduction. The most prominent rate of growth was recorded in 2016 when the production volume increased by 50%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Frozen Chicken Cut Exports

Exports from Peru

In 2022, approx. X kg of frozen cuts of chicken were exported from Peru; stabilizing at the year before. In general, exports showed a sharp shrinkage. The smallest decline of -0.1% was in 2014. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, frozen chicken cut exports stood at $X in 2022. Over the period under review, exports faced a sharp decrease. The smallest decline of -4.9% was in 2015. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Chile (X kg) was the main destination for frozen chicken cut exports from Peru, accounting for a approx. 100% share of total exports.

From 2013 to 2022, the average annual growth rate of volume to Chile was relatively modest.

From 2013 to 2022, the average annual growth rate of value to Chile was relatively modest.

Export Prices by Country

The average frozen chicken cut export price stood at $X per ton in 2022, remaining stable against the previous year. In general, the export price recorded a pronounced expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 30% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

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

From 2013 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +2.4% per year.

Frozen Chicken Cut Imports

Imports into Peru

In 2022, after ten years of growth, there was significant decline in purchases abroad of frozen cuts of chicken, when their volume decreased by -16.1% to X tons. Over the period under review, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2016 when imports increased by 90%. Over the period under review, imports hit record highs at X tons in 2021, and then declined dramatically in the following year.

In value terms, frozen chicken cut imports declined significantly to $X in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of 102%. Over the period under review, imports hit record highs at $X in 2021, and then declined significantly in the following year.

Imports by Country

Brazil (X tons), the United States (X tons) and Chile (X tons) were the main suppliers of frozen chicken cut imports to Peru, together comprising 100% of total imports.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +30.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), the United States ($X) and Chile ($X) constituted the largest frozen chicken cut suppliers to Peru, together comprising 100% of total imports.

In terms of the main suppliers, Brazil, with a CAGR of +38.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average frozen chicken cut import price amounted to $X per ton, falling by -9.1% against the previous year. Overall, the import price, however, continues to indicate slight growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 30%. As a result, import price reached the peak level of $X per ton, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+5.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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