South-Eastern Asia: Frozen Whole Chicken Market 2022

Frozen Whole Chicken Market Size in South-Eastern Asia

The Southeast Asian frozen whole chicken market rose remarkably to $X in 2021, picking up by X% against the previous year. In general, consumption, however, recorded a noticeable contraction. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Frozen Whole Chicken Production in South-Eastern Asia

In value terms, frozen whole chicken production expanded remarkably to $X in 2021 estimated in export price. In general, production, however, saw a pronounced reduction. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. The level of production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Indonesia (X tons) constituted the country with the largest volume of frozen whole chicken production, comprising approx. X% of total volume. Moreover, frozen whole chicken production in Indonesia exceeded the figures recorded by the second-largest producer, Thailand (X tons), twofold. The third position in this ranking was held by Malaysia (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume in Indonesia stood at -X%. The remaining producing countries recorded the following average annual rates of production growth: Thailand (-X% per year) and Malaysia (-X% per year).

Frozen Whole Chicken Exports

Exports in South-Eastern Asia

After three years of growth, overseas shipments of frozen whole chickens decreased by -X% to X tons in 2021. Overall, exports, however, saw modest growth. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports attained the peak of X tons, and then fell modestly in the following year.

In value terms, frozen whole chicken exports reduced rapidly to $X in 2021. In general, exports showed a noticeable downturn. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Singapore (X tons) and Malaysia (X tons) were the key exporters of frozen whole chickens in South-Eastern Asia, together finishing at near X% of total exports. It was distantly followed by Thailand (X tons), generating a X% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Malaysia (with a CAGR of +X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest frozen whole chicken supplying countries in South-Eastern Asia were Singapore ($X), Malaysia ($X) and Thailand ($X), together comprising X% of total exports.

Malaysia, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2021, falling by -X% against the previous year. In general, the export price saw a pronounced reduction. The most prominent rate of growth was recorded in 2014 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Thailand ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (-X%), while the other leaders experienced a decline in the export price figures.

Frozen Whole Chicken Imports

Imports in South-Eastern Asia

Frozen whole chicken imports rose notably to X tons in 2021, growing by X% against the previous year. Total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in the near future.

In value terms, frozen whole chicken imports skyrocketed to $X in 2021. Total imports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Singapore (X tons) was the largest importer of frozen whole chickens, committing X% of total imports. It was distantly followed by Timor-Leste (X tons), comprising a X% share of total imports.

Singapore was also the fastest-growing in terms of the frozen whole chickens imports, with a CAGR of +X% from 2012 to 2021. At the same time, Timor-Leste (+X%) displayed positive paces of growth. Singapore (+X p.p.) significantly strengthened its position in terms of the total imports, while Timor-Leste saw its share reduced by -X% from 2012 to 2021, respectively.

In value terms, Singapore ($X) constitutes the largest market for imported frozen whole chickens in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Timor-Leste ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Singapore stood at +X%.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2021, rising by X% against the previous year. In general, the import price, however, continues to indicate a slight shrinkage. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was Singapore ($X per ton), while Timor-Leste totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (-X%).

Source: IndexBox Platform

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