CIS: Frozen Chicken Cut Market 2024

Frozen Chicken Cut Market Size in CIS

The CIS frozen chicken cut market fell to $X in 2022, waning by -6.1% against the previous year. The total consumption indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -11.3% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Frozen Chicken Cut Production in CIS

In value terms, frozen chicken cut production shrank to $X in 2022 estimated in export price. Overall, production, however, showed a prominent increase. The pace of growth was the most pronounced in 2015 when the production volume increased by 311%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Russia (X tons) constituted the country with the largest volume of frozen chicken cut production, accounting for 84% of total volume. Moreover, frozen chicken cut production in Russia exceeded the figures recorded by the second-largest producer, Belarus (X tons), tenfold. Uzbekistan (X tons) ranked third in terms of total production with a 4% share.

In Russia, frozen chicken cut production increased at an average annual rate of +23.2% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Belarus (+12.9% per year) and Uzbekistan (-3.9% per year).

Frozen Chicken Cut Exports

Exports in CIS

For the eleventh year in a row, the CIS recorded growth in overseas shipments of frozen cuts of chicken, which increased by 7.4% to X tons in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 80% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, frozen chicken cut exports rose sharply to $X in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by 95% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Russia (X tons) represented the major exporter of frozen cuts of chicken, making up 70% of total exports. It was distantly followed by Belarus (X tons), constituting a 27% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to frozen chicken cut exports from Russia stood at +26.9%. At the same time, Belarus (+27.2%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +27.2% from 2012-2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) and Belarus ($X) appeared to be the countries with the highest levels of exports in 2022.

In terms of the main exporting countries, Russia, with a CAGR of +32.5%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, with an increase of 3.5% against the previous year. Export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen chicken cut export price increased by +87.9% against 2016 indices. The growth pace was the most rapid in 2019 when the export price increased by 57%. Over the period under review, the export prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while Russia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+4.4%).

Frozen Chicken Cut Imports

Imports in CIS

After three years of growth, supplies from abroad of frozen cuts of chicken decreased by -5.7% to X tons in 2022. In general, imports recorded a noticeable setback. The most prominent rate of growth was recorded in 2019 with an increase of 31% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, frozen chicken cut imports rose sharply to $X in 2022. Over the period under review, imports recorded a noticeable slump. The pace of growth appeared the most rapid in 2019 when imports increased by 31%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Kazakhstan (X tons) and Russia (X tons) were the key importers of frozen cuts of chicken in 2022, amounting to near 32% and 27% of total imports, respectively. Uzbekistan (X tons) ranks next in terms of the total imports with an 11% share, followed by Kyrgyzstan (7.9%), Armenia (7%), Belarus (6.4%) and Azerbaijan (5.4%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Uzbekistan (with a CAGR of +34.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen chicken cut importing markets in the CIS were Kazakhstan ($X), Russia ($X) and Armenia ($X), together comprising 70% of total imports. Belarus, Uzbekistan, Azerbaijan and Kyrgyzstan lagged somewhat behind, together accounting for a further 27%.

Uzbekistan, with a CAGR of +40.4%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 2022, the import price in the CIS amounted to $X per ton, with an increase of 13% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 13% against the previous year. The level of import peaked at $X per ton in 2014; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Azerbaijan ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (+8.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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