Report Update May 1, 2025

Republic of Korea - Fresh or Chilled Cuts of Chicken - Market Analysis, Forecast, Size, Trends and Insights

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Republic of Korea: Fresh Chicken Cut Market 2025

Fresh Chicken Cut Market Size in Republic of Korea

The South Korean fresh chicken cut market contracted modestly to $X in 2021, falling by -3.2% against the previous year. In general, consumption showed a significant increase. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Fresh Chicken Cut Production in Republic of Korea

In value terms, fresh chicken cut production contracted modestly to $X in 2021 estimated in export price. Over the period under review, production posted a significant expansion. The growth pace was the most rapid in 2015 when the production volume increased by 66% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Fresh Chicken Cut Exports

Exports from Republic of Korea

In 2021, the amount of fresh or chilled cuts of chicken exported from South Korea reduced sharply to X tons, waning by -46.8% compared with the year before. Over the period under review, exports continue to indicate a precipitous contraction. The smallest decline of -24% was in 2017. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, fresh chicken cut exports fell remarkably to $X in 2021. Overall, exports continue to indicate a precipitous decline. The smallest decline of -20% was in 2017. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Hong Kong SAR (X tons) was the main destination for fresh chicken cut exports from South Korea, accounting for a 94% share of total exports. Moreover, fresh chicken cut exports to Hong Kong SAR exceeded the volume sent to the second major destination, the Philippines (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Hong Kong SAR amounted to -37.7%.

In value terms, Hong Kong SAR ($X) remains the key foreign market for fresh or chilled cuts of chicken exports from South Korea, comprising 93% of total exports. The second position in the ranking was taken by the Philippines ($X), with a 6.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Hong Kong SAR stood at -31.1%.

Export Prices by Country

In 2021, the average fresh chicken cut export price amounted to $X per ton, picking up by 20% against the previous year. Overall, the export price posted a prominent increase. The most prominent rate of growth was recorded in 2013 an increase of 25% against the previous year. The export price peaked in 2021 and is likely to see gradual growth in years to come.

Average prices varied noticeably for the major overseas markets. In 2021, the country with the highest price was the Philippines ($X per ton), while the average price for exports to Hong Kong SAR totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+47.5%).

Fresh Chicken Cut Imports

Imports into Republic of Korea

In 2021, overseas purchases of fresh or chilled cuts of chicken decreased by -87.7% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, imports, however, showed significant growth. The pace of growth was the most pronounced in 2013 when imports increased by 14,786%. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, fresh chicken cut imports contracted dramatically to $X in 2021. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 18,665% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) constituted the largest fresh chicken cut supplier to South Korea, accounting for a 86% share of total imports. Moreover, fresh chicken cut imports from the United States exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), sevenfold.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to +96.5%.

In value terms, the United States ($X) constituted the largest supplier of fresh or chilled cuts of chicken to South Korea, comprising 77% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 20% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to +50.5%.

Import Prices by Country

In 2021, the average fresh chicken cut import price amounted to $X per ton, surging by 20% against the previous year. In general, the import price, however, continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2016 when the average import price increased by 36%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+22.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fresh or chilled cuts of chicken in the world?

The country with the largest volume of fresh chicken cut consumption was China, comprising approx. 13% of total volume. Moreover, fresh chicken cut consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 4.5% share.

What are the largest producers of fresh or chilled cuts of chicken in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 24% share of global production. Indonesia, Nigeria, Pakistan, Brazil, Russia, Poland, Bangladesh, Japan, the Netherlands and Ethiopia lagged somewhat behind, together accounting for a further 25%.

What are the leading suppliers of fresh or chilled cuts of chicken to Republic of Korea?

In value terms, the United States constituted the largest supplier of fresh chicken cut to South Korea, comprising 78% of total imports. The second position in the ranking was occupied by the Netherlands, with a 21% share of total imports.

What is the average export price for fresh or chilled cuts of chicken in Republic of Korea?

In 2020, the average fresh chicken cut export price amounted to $690 per ton, leveling off at the previous year.

What is the average import price for fresh or chilled cuts of chicken in Republic of Korea?

In 2021, the average fresh chicken cut import price amounted to $934 per ton, dropping by -3.3% against the previous year.

This report provides an in-depth analysis of the fresh chicken cut market in Republic of Korea. 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 10121050 - Fresh or chilled cuts of chicken

Country coverage:

South Korea

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Republic of Korea
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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Producing Animals Slaughtered, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024