Saudi Arabia - Frozen Whole Chickens - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Whole Chicken Price in Saudi Arabia - 2021
Contents:
- Frozen Whole Chicken Price in Saudi Arabia (CIF) - 2022
- Frozen Whole Chicken Price in Saudi Arabia (FOB) - 2022
- Frozen Whole Chicken Imports in Saudi Arabia
- Frozen Whole Chicken Exports in Saudi Arabia
Frozen Whole Chicken Price in Saudi Arabia (CIF) - 2022
In 2022, the average frozen whole chicken import price amounted to $1,692 per ton, shrinking by -4.2% against the previous year. Over the period under review, the import price recorded a noticeable curtailment. The growth pace was the most rapid in 2018 when the average import price increased by 22% against the previous year. The import price peaked at $2,295 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Russia ($1,861 per ton) and Ukraine ($1,696 per ton), while the price for Argentina ($1,597 per ton) and France ($1,658 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Frozen Whole Chicken Price in Saudi Arabia (FOB) - 2022
In 2022, the average frozen whole chicken export price amounted to $1,743 per ton, falling by -2.8% against the previous year. Overall, the export price continues to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2021 when the average export price increased by 13%. The export price peaked at $3,075 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($3,290 per ton), while the average price for exports to Democratic Republic of the Congo ($891 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 Congo (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Whole Chicken Imports in Saudi Arabia
In 2022, purchases abroad of frozen whole chickens was finally on the rise to reach 414K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern.
In value terms, frozen whole chicken imports declined modestly to $700M in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 8.9% against the previous year. As a result, imports attained the peak of $730M, and then dropped slightly in the following year.
Import of Frozen Whole Chicken in Saudi Arabia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 541 | 490 | 451 | 444 | -6.4% |
Ukraine | 51.8 | 56.5 | 142 | 129 | 35.5% |
France | 111 | 106 | 104 | 96.3 | -4.6% |
Argentina | 4.1 | 5.9 | 15.6 | 14.2 | 51.3% |
Russia | 7.7 | 7.7 | 15.2 | 13.9 | 21.8% |
Others | 3.4 | 4.0 | 2.4 | 2.6 | -8.6% |
Total | 719 | 670 | 730 | 700 | -0.9% |
Top Suppliers of Frozen Whole Chicken to Saudi Arabia in 2022:
- Brazil (261.9K tons)
- Ukraine (76.2K tons)
- France (58.1K tons)
- Argentina (8.9K tons)
- Russia (7.5K tons)
Frozen Whole Chicken Exports in Saudi Arabia
In 2022, approx. 9.9K tons of frozen whole chickens were exported from Saudi Arabia; falling by -33.1% compared with the previous year's figure. In general, exports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 196%. As a result, the exports attained the peak of 15K tons, and then reduced remarkably in the following year.
In value terms, frozen whole chicken exports dropped notably to $17M in 2022. Over the period under review, exports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 233% against the previous year. As a result, the exports attained the peak of $26M, and then declined notably in the following year.
Export of Frozen Whole Chicken in Saudi Arabia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kuwait | 8.5 | 3.9 | 4.7 | 10.0 | 5.6% |
Congo | 0.6 | 1.5 | 1.4 | 2.3 | 56.5% |
Yemen | 0.7 | 1.0 | 0.9 | 1.5 | 28.9% |
Guinea | 0.2 | 0.6 | 0.8 | 1.3 | 86.6% |
Democratic Republic of the Congo | 1.1 | 0.1 | 0.1 | 0.8 | -10.1% |
Ghana | 0.3 | 0.1 | 0.3 | 0.4 | 10.1% |
Benin | N/A | 0.1 | 0.2 | 0.3 | 73.2% |
Poland | N/A | N/A | 0.8 | N/A | 0% |
Others | 0.3 | 0.7 | 17.3 | 0.6 | 26.0% |
Total | 11.8 | 7.9 | 26.5 | 17.2 | 13.4% |
Top Export Markets for Frozen Whole Chicken from Saudi Arabia in 2022:
- Kuwait (3.0K tons)
- Congo (2.3K tons)
- Guinea (1.3K tons)
- Democratic Republic of the Congo (0.9K tons)
- Yemen (0.9K tons)
- Ghana (0.4K tons)
- Benin (0.3K tons)
This report provides an in-depth analysis of the frozen whole chicken market in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10122013 - Frozen whole chickens
Country coverage:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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