Trade Trends
Global exports of frozen chicken meat grew from $2.84B in 2019 to $3.56B in 2023, marking a 25.52% increase over the five-year period. The highest export value was recorded in 2022 at $3.84B, followed by a slight decline in 2023.
This growth reflects the rising global demand for poultry products, driven by affordability, versatility, and shifting dietary preferences. The decline in 2023 could be attributed to supply chain disruptions, fluctuating production costs, or market adjustments. USD$ figures indicate that while the market has expanded overall, challenges remain in maintaining consistent year-on-year growth.
Top Trading Countries
- Brazil dominated exports with $1.97B in 2023, up from $1.55B in 2019 but slightly declining to $1.85B in 2024. This represents a 26.62% increase from 2019 to 2023 and a 6.04% decrease from 2023 to 2024.
- Turkey exported $425.38M in 2023, up from $319.00M in 2019, but dropped to $328.30M in 2024. This reflects a 33.35% increase from 2019 to 2023 and a 22.82% decrease from 2023 to 2024.
- Ukraine grew from $163.06M in 2019 to $206.12M in 2023 and further to $247.58M in 2024. This marks a 26.41% increase from 2019 to 2023 and a 20.11% rise from 2023 to 2024.
- Poland expanded significantly from $86.16M in 2019 to $158.95M in 2023 and $199.02M in 2024. This reflects an 84.47% increase from 2019 to 2023 and a 25.21% rise from 2023 to 2024.
- France recorded $171.30M in 2023, up from $157.57M in 2019, and further increased to $179.66M in 2024. This represents an 8.71% increase from 2019 to 2023 and a 4.89% rise from 2023 to 2024.
On the Rise
- South Korea surged from $29.12M in 2019 to $54.34M in 2023 and $55.46M in 2024. This reflects an 86.63% increase from 2019 to 2023 and a 2.05% rise from 2023 to 2024.
- Saudi Arabia grew from $18.69M in 2019 to $29.08M in 2023 and $39.29M in 2024. This marks a 55.63% increase from 2019 to 2023 and a 35.1% rise from 2023 to 2024.
- Kazakhstan expanded from $5.84M in 2019 to $9.93M in 2023 and $13.93M in 2024. This reflects a 69.94% increase from 2019 to 2023 and a 40.33% rise from 2023 to 2024.
- India rose from $4.01M in 2019 to $5.55M in 2023 and $10.49M in 2024. This marks a 38.51% increase from 2019 to 2023 and an 88.87% rise from 2023 to 2024.
These rising countries highlight diversification in export markets and growing demand for frozen chicken meat in emerging economies.
Disclaimer
These insights are based on available trade data and may not represent the full market reality.