Southern Asia: Frozen Whole Chicken Market 2022

Frozen Whole Chicken Market Size in Southern Asia

The South Asian frozen whole chicken market was finally on the rise to reach $X in 2021, after three years of decline. Overall, consumption, however, recorded a slight curtailment. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Frozen Whole Chicken Production in Southern Asia

In value terms, frozen whole chicken production rose rapidly to $X in 2021 estimated in export price. In general, production, however, recorded a slight contraction. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

India (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 India exceeded the figures recorded by the second-largest producer, Pakistan (X tons), fourfold. The third position in this ranking was taken by Bangladesh (X tons), with a X% share.

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

Frozen Whole Chicken Exports

Exports in Southern Asia

In 2021, shipments abroad of frozen whole chickens decreased by -X% to X tons, falling for the sixth year in a row after four years of growth. Overall, exports recorded a perceptible contraction. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, frozen whole chicken exports stood at $X in 2021. In general, exports continue to indicate a pronounced contraction. The growth pace was the most rapid in 2014 when exports increased by X%. The level of export peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from India (X tons), together finishing at X% of total export.

India was also the fastest-growing in terms of the frozen whole chickens exports, with a CAGR of -X% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest frozen whole chicken supplier in Southern Asia.

In India, frozen whole chicken exports declined by an average annual rate of -X% over the period from 2012-2021.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, rising by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for India amounted to +X% per year.

Frozen Whole Chicken Imports

Imports in Southern Asia

In 2021, after two years of decline, there was significant growth in purchases abroad of frozen whole chickens, when their volume increased by X% to X tons. Total imports indicated a buoyant increase from 2012 to 2021: its volume 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 decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, frozen whole chicken imports surged to $X in 2021. Total imports indicated strong growth from 2012 to 2021: its value 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 decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Afghanistan (X tons) and Maldives (X tons) dominates imports structure, together making up X% of total imports. It was distantly followed by Bhutan (X tons), comprising a X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Bhutan (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Afghanistan ($X), Maldives ($X) and Bhutan ($X) constituted the countries with the highest levels of imports in 2021, with a combined X% share of total imports.

Bhutan, with a CAGR of +X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, recorded a slight curtailment. The pace of growth appeared the most rapid in 2018 when the import price increased by X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was Bhutan ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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