U.S.: Meat And Poultry Market 2025

Meat And Poultry Market Size in the U.S.

The U.S. meat and poultry market declined to $X in 2022, remaining constant against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. Meat and poultry consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Meat And Poultry Production in the U.S.

In value terms, meat and poultry production declined modestly to $X in 2022. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average meat and poultry yield in the United States was estimated at X kg per head, leveling off at the previous year. In general, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the yield increased by X% against the previous year. Over the period under review, the average meat and poultry yield hit record highs in 2022 and is likely to continue growth in years to come.

In 2022, number of animals slaughtered for meat and poultry production in the United States was estimated at X heads, approximately reflecting 2021 figures. Overall, the number of producing animals continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, the amount of producing animals attained the peak level of X heads. From 2020 to 2022, the growth of this number remained at a lower figure.

Meat And Poultry Exports

Exports from the U.S.

In 2022, overseas shipments of meat and poultry decreased by X% to X tons, falling for the second year in a row after five years of growth. Overall, exports, however, saw a relatively flat trend pattern. 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. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, meat and poultry exports expanded notably to $X in 2022. Over the period under review, total exports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Mexico (X tons), China (X tons) and Japan (X tons) were the main destinations of meat and poultry exports from the United States, together comprising X% of total exports. South Korea, Canada, Taiwan (Chinese), Cuba, the Philippines, Angola, Colombia, Guatemala, Vietnam and the Dominican Republic lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Colombia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for meat and poultry exported from the United States were China ($X), Mexico ($X) and South Korea ($X), together comprising X% of total exports.

In terms of the main countries of destination, China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average meat and poultry export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Cuba ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Meat And Poultry Imports

Imports into the U.S.

In 2022, supplies from abroad of meat and poultry increased by X% to X tons, rising for the third consecutive year after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, meat and poultry imports rose significantly to $X in 2022. Overall, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Canada (X tons) constituted the largest meat and poultry supplier to the United States, with a X% share of total imports. Moreover, meat and poultry imports from Canada exceeded the figures recorded by the second-largest supplier, Mexico (X tons), twofold. Australia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Canada totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and Australia (X% per year).

In value terms, the largest meat and poultry suppliers to the United States were Canada ($X), Australia ($X) and Mexico ($X), together accounting for X% of total imports. New Zealand, Brazil, Chile, Nicaragua and Denmark lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Brazil, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average meat and poultry import price stood at $X per ton in 2022, approximately mirroring the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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