Philippines: Chicken Meat Market 2025

Chicken Meat Market Size in the Philippines

The Philippine chicken meat market expanded notably to $X in 2021, surging by 6.3% against the previous year. Over the period under review, the total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.3% 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 decreased by -0.8% against 2019 indices. Chicken meat consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Chicken Meat Production in the Philippines

In value terms, chicken meat production expanded modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2015 when the production volume increased by 8.3%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

The average yield of chicken meat in the Philippines stood at X kg per head in 2021, flattening at 2020. Over the period under review, the yield recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the yield increased by 9.1% against the previous year. The chicken meat yield peaked in 2021 and is expected to retain growth in the immediate term.

In 2021, number of animals slaughtered for chicken meat production in the Philippines reached X heads, stabilizing at 2020 figures. This number increased at an average annual rate of +2.9% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2015 when the number of producing animals increased by 8.5%. Over the period under review, this number reached the maximum level at X heads in 2019; however, from 2020 to 2021, producing animals failed to regain momentum.

Chicken Meat Exports

Exports from the Philippines

In 2021, approx. X tons of chicken meat were exported from the Philippines; surging by 11% compared with the previous year. In general, exports, however, recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 146%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, chicken meat exports stood at $X in 2021. Over the period under review, exports, however, continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2019 with an increase of 154%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Kuwait (X tons) and Japan (X tons) were the main destinations of chicken meat exports from the Philippines.

From 2012 to 2021, the biggest increases were recorded for Kuwait (with a CAGR of +19.1%).

In value terms, the largest markets for chicken meat exported from the Philippines were Japan ($X) and Kuwait ($X).

Kuwait, with a CAGR of +28.2%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2021, the average chicken meat export price amounted to $X per ton, reducing by -4.5% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 3.4% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2021, the country with the highest price was Japan ($X per ton), while the average price for exports to Kuwait amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+7.6%).

Chicken Meat Imports

Imports into the Philippines

In 2021, chicken meat imports into the Philippines skyrocketed to X tons, picking up by 17% against the previous year's figure. In general, imports saw strong growth. The pace of growth appeared the most rapid in 2014 when imports increased by 69%. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in the near future.

In value terms, chicken meat imports soared to $X in 2021. Overall, imports recorded resilient growth. The pace of growth appeared the most rapid in 2014 when imports increased by 69% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Brazil (X tons), the United States (X tons) and Belgium (X tons) were the main suppliers of chicken meat imports to the Philippines, together comprising 86% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +37.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest chicken meat suppliers to the Philippines were Brazil ($X), the United States ($X) and Belgium ($X), with a combined 87% share of total imports.

Belgium, with a CAGR of +41.1%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average chicken meat import price amounted to $X per ton, increasing by 19% against the previous year. Over the last nine years, it increased at an average annual rate of +1.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were Brazil ($X per ton) and Belgium ($X per ton), while the price for the Netherlands ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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