Report Update Apr 1, 2024

Colombia - Fresh or Chilled Cuts of Chicken - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Fresh Chicken Cut Market 2024

Fresh Chicken Cut Market Size in Colombia

The Colombian fresh chicken cut market was estimated at $X in 2022, picking up by 7.8% against the previous year. Over the period under review, consumption, however, recorded strong growth. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Fresh Chicken Cut Production in Colombia

In value terms, fresh chicken cut production expanded markedly to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by 55% against the previous year. Fresh chicken cut production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Fresh Chicken Cut Exports

Exports from Colombia

In 2021, the amount of fresh or chilled cuts of chicken exported from Colombia reduced notably to X tons, which is down by -36.7% against the year before. Over the period under review, exports faced a sharp reduction. The smallest decline of -15.2% was in 2016. 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, fresh chicken cut exports fell sharply to $X in 2021. In general, exports continue to indicate a significant decline. The growth pace was the most rapid in 2017 when exports increased by 10% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Curacao (X tons) was the main destination for fresh chicken cut exports from Colombia, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Curacao stood at -22.6%.

In value terms, Curacao ($X) emerged as the key foreign market for fresh or chilled cuts of chicken exports from Colombia.

From 2012 to 2021, the average annual rate of growth in terms of value to Curacao stood at +2.0%.

Export Prices by Country

In 2021, the average fresh chicken cut export price amounted to $X per ton, with an increase of 6.4% against the previous year. Overall, the export price showed significant growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 30%. Over the period under review, the average export prices reached the maximum in 2021 and is likely to continue growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Curacao.

From 2012 to 2021, the rate of growth in terms of prices for Curacao amounted to +31.8% per year.

Fresh Chicken Cut Imports

Imports into Colombia

In 2022, after two years of decline, there was significant growth in overseas purchases of fresh or chilled cuts of chicken, when their volume increased by 15% to X tons. In general, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2017 when imports increased by 99%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, fresh chicken cut imports rose sharply to $X in 2022. Over the period under review, imports enjoyed tangible growth. The growth pace was the most rapid in 2019 with an increase of 237%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) was the main fresh chicken cut supplier to Colombia, accounting for a 100% share of total imports. It was followed by Costa Rica (X kg), with a 0.2% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled +8.9%.

In value terms, the United States ($X) constituted the largest supplier of fresh or chilled cuts of chicken to Colombia, comprising 99.9% of total imports. The second position in the ranking was held by Costa Rica ($X), with less than 0.1% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States stood at +4.4%.

Import Prices by Country

The average fresh chicken cut import price stood at $X per ton in 2022, approximately mirroring the previous year. Overall, the import price showed a perceptible curtailment. The most prominent rate of growth was recorded in 2019 when the average import price increased by 71%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Costa Rica totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-4.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fresh or chilled cuts of chicken in the world?

China constituted the country with the largest volume of fresh chicken cut consumption, accounting for 15% of total volume. Moreover, fresh chicken cut consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. Indonesia ranked third in terms of total consumption with a 3.4% share.

What are the largest producers of fresh or chilled cuts of chicken in the world?

The country with the largest volume of fresh chicken cut production was China, comprising approx. 15% of total volume. Moreover, fresh chicken cut production in China exceeded the figures recorded by the second-largest producer, India, threefold. Indonesia ranked third in terms of total production with a 3.4% share.

What are the leading suppliers of fresh or chilled cuts of chicken to Colombia?

In value terms, the United States constituted the largest supplier of fresh or chilled cuts of chicken to Colombia, comprising 99.9% of total imports. The second position in the ranking was held by Costa Rica $6), with less than 0.1% share of total imports.

What are the leading importers of fresh or chilled cuts of chicken from Colombia?

In value terms, Curacao emerged as the key foreign market for fresh or chilled cuts of chicken exports from Colombia.

What is the average export price for fresh or chilled cuts of chicken in Colombia?

The average fresh chicken cut export price stood at $5,949 per ton in 2021, growing by 6.4% against the previous year.

What is the average import price for fresh or chilled cuts of chicken in Colombia?

The average fresh chicken cut import price stood at $1,779 per ton in 2022, approximately equating the previous year.

This report provides an in-depth analysis of the fresh chicken cut market in Colombia. 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 10121050 - Fresh or chilled cuts of chicken

Country coverage:

Colombia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Colombia
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023