Report Update Nov 1, 2024

Puerto Rico - Frozen Cuts of Chicken - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Frozen Chicken Cut Market 2024

Frozen Chicken Cut Exports

Exports by Country

Brazil (X tons) and the United States (X tons) represented roughly 60% of total exports in 2021. The Netherlands (X tons) took a 6.3% share (based on physical terms) of total exports, which put it in second place, followed by Poland (5.6%). The following exporters - Thailand (X tons), Ukraine (X tons), Turkey (X tons), Russia (X tons), Belgium (X tons), Hong Kong SAR (X tons) and Germany (X tons) - together made up 14% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Russia (with a CAGR of +30.5%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), the United States ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 64% share of total exports. Thailand, Poland, Russia, Ukraine, Turkey, Belgium, Germany and Hong Kong SAR lagged somewhat behind, together comprising a further 21%.

In terms of the main exporting countries, Russia, with a CAGR of +38.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Frozen Chicken Cut Imports

Imports by Country

In 2021, China (X tons), distantly followed by Japan (X tons) were the key importers of frozen cuts of chicken, together constituting 22% of total imports. The following importers - the Philippines (X tons), Cuba (X tons), the United Arab Emirates (X tons), Vietnam (X tons), Iraq (X tons), Angola (X tons), South Africa (X tons), the Netherlands (X tons), Hong Kong SAR (X tons), Saudi Arabia (X tons) and Taiwan (Chinese) (X tons) - together made up 29% of total imports.

Imports into China increased at an average annual rate of +13.3% from 2012 to 2021. At the same time, the Philippines (+15.2%), Cuba (+8.0%), Iraq (+7.2%), the United Arab Emirates (+5.1%), Saudi Arabia (+3.9%) and Japan (+3.6%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in the world, with a CAGR of +15.2% from 2012-2021. South Africa and Angola experienced a relatively flat trend pattern. By contrast, the Netherlands (-2.6%), Taiwan (Chinese) (-3.1%), Vietnam (-3.4%) and Hong Kong SAR (-14.2%) illustrated a downward trend over the same period. China (+9.5 p.p.) and the Philippines (+2.8 p.p.) significantly strengthened its position in terms of the global imports, while Vietnam and Hong Kong SAR saw its share reduced by -1.9% and -8.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported frozen cuts of chicken into Puerto Rico, comprising 23% of global imports. The second position in the ranking was held by Japan ($X), with a 7.7% share of global imports. It was followed by the United Arab Emirates, with a 3% share.

From 2012 to 2021, the average annual growth rate of value in China totaled +16.6%. In the other countries, the average annual rates were as follows: Japan (-0.1% per year) and the United Arab Emirates (+5.0% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen cuts of chicken in the world?

China remains the largest frozen chicken cut consuming country worldwide, accounting for 19% of total volume. Moreover, frozen chicken cut consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the United States, with a 4.3% share.

What are the largest producers of frozen cuts of chicken in the world?

The countries with the highest volumes of in 2021 were the United States, Brazil and China, with a combined 44% share of global production. India, Russia, Poland, the Netherlands, Thailand, Indonesia, Turkey, Pakistan and Bangladesh lagged somewhat behind, together comprising a further 27%.

What are the leading suppliers of frozen cuts of chicken to Puerto Rico?

In value terms, China constitutes the largest market for imported frozen cuts of chicken into Puerto Rico, comprising 24% of global imports. The second position in the ranking was occupied by Japan, with an 8% share of global imports. It was followed by Saudi Arabia, with a 3.6% share.

What are the leading importers of frozen cuts of chicken from Puerto Rico?

In value terms, the largest frozen chicken cut supplying countries from Puerto Rico were Brazil, the United States and the Netherlands, with a combined 64% share of total exports. These countries were followed by Thailand, Poland, Russia, Ukraine, Turkey and Belgium, which together accounted for a further 19%.

What is the average export price for frozen cuts of chicken in Puerto Rico?

The export price in Puerto Rico stood at less than $0.1 per ton in 2021, remaining relatively unchanged against the previous year.

What is the average import price for frozen cuts of chicken in Puerto Rico?

The import price in Puerto Rico stood at less than $0.1 per ton in 2021, standing approx. at the previous year.

This report provides an in-depth analysis of the frozen chicken cut market in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10122053 - Frozen cuts of chicken

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023