Uruguay: Frozen Whole Chicken Market 2022

Frozen Whole Chicken Market Size in Uruguay

In 2021, the Uruguayan frozen whole chicken market was finally on the rise to reach $X after three years of decline. Overall, consumption, however, saw a abrupt setback. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Frozen Whole Chicken Production in Uruguay

In value terms, frozen whole chicken production skyrocketed to $X in 2021 estimated in export price. In general, production, however, continues to indicate a abrupt descent. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Frozen Whole Chicken Exports

Exports from Uruguay

In 2021, after two years of decline, there was significant growth in overseas shipments of frozen whole chickens, when their volume increased by X% to X tons. Over the period under review, exports, however, saw a sharp decrease. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, frozen whole chicken exports surged to $X in 2021. Overall, exports, however, continue to indicate a precipitous shrinkage. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Iraq (X tons), Qatar (X tons) and Angola (X tons) were the main destinations of frozen whole chicken exports from Uruguay, with a combined X% share of total exports. These countries were followed by Congo, South Africa, Chile, Mauritania, Afghanistan, the United Arab Emirates, Oman, Bahrain, Democratic Republic of the Congo and Namibia, which together accounted for a further X 2012 to 2021, the biggest increases were in Chile (with a CAGR of -X%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for frozen whole chicken exported from Uruguay were Iraq ($X), Qatar ($X) and Angola ($X), with a combined X% share of total exports. Mauritania, Chile, Congo, Oman, Bahrain, the United Arab Emirates, Afghanistan, South Africa, Namibia and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further X terms of the main countries of destination, Mauritania, 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 a decline.

Export Prices by Country

The average frozen whole chicken export price stood at $X per ton in 2021, growing by X% against the previous year. Over the period under review, the export price, however, showed a noticeable curtailment. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Mauritania ($X per ton), while the average price for exports to South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+X%), while the prices for the other major destinations experienced a decline.

Frozen Whole Chicken Imports

Imports into Uruguay

In 2021, purchases abroad of frozen whole chickens decreased by -X% to X tons for the first time since 2016, thus ending a four-year rising trend. Overall, imports, however, recorded strong growth. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2020, and then shrank in the following year.

In value terms, frozen whole chicken imports dropped to $X in 2021. Over the period under review, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2020, and then shrank in the following year.

Imports by Country

In 2021, Argentina (X tons) constituted the largest frozen whole chicken supplier to Uruguay, with a X% share of total imports. Moreover, frozen whole chicken imports from Argentina exceeded the figures recorded by the second-largest supplier, Brazil (X tons), sixfold.

From 2012 to 2021, the average annual growth rate of volume from Argentina totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and the United States (-X% per year).

In value terms, Argentina ($X) constituted the largest supplier of frozen whole chicken to Uruguay, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Argentina amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and the United States (-X% per year).

Import Prices by Country

The average frozen whole chicken import price stood at $X per ton in 2021, increasing by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Brazil ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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