Australia and Oceania: Chicken Meat Market 2024

Chicken Meat Market Size in Australia and Oceania

The chicken meat market in Australia and Oceania rose modestly to $X in 2022, surging by X% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Chicken Meat Production in Australia and Oceania

In value terms, chicken meat production expanded to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Australia (X tons) constituted the country with the largest volume of chicken meat production, comprising approx. X% of total volume. Moreover, chicken meat production in Australia exceeded the figures recorded by the second-largest producer, New Zealand (X tons), sixfold.

In Australia, chicken meat production increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Fiji (X% per year).

The average chicken meat yield contracted slightly to X kg per head in 2022, remaining constant against the previous year's figure. Over the period under review, the yield, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the yield increased by X% against the previous year. Over the period under review, the chicken meat yield hit record highs at X kg per head in 2019; afterwards, it flattened through to 2022.

In 2022, the number of animals slaughtered for chicken meat production in Australia and Oceania shrank modestly to X heads, leveling off at 2021. This number increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the number of producing animals increased by X% against the previous year. Over the period under review, this number hit record highs at X heads in 2021, and then dropped modestly in the following year.

Chicken Meat Exports

Exports in Australia and Oceania

In 2022, overseas shipments of chicken meat increased by X% to X tons, rising for the second consecutive year after three years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, chicken meat exports rose notably to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

In 2022, Australia (X tons) represented the key exporter of chicken meat, achieving X% of total exports. It was distantly followed by New Zealand (X tons), committing an X% share of total exports.

Australia was also the fastest-growing in terms of the chicken meat exports, with a CAGR of X% from 2012 to 2022. At the same time, New Zealand (X%) displayed positive paces of growth. Australia (X p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Australia ($X) remains the largest chicken meat supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia amounted to X%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia amounted to $X per ton.

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

Chicken Meat Imports

Imports in Australia and Oceania

In 2022, the amount of chicken meat imported in Australia and Oceania expanded markedly to X tons, surging by X% compared with 2021 figures. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, chicken meat imports skyrocketed to $X in 2022. In general, imports showed a relatively flat trend pattern. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of chicken meat imports in 2022 were Papua New Guinea (X tons), French Polynesia (X tons), Samoa (X tons), New Caledonia (X tons) and Tonga (X tons), together accounting for X% of total import. It was distantly followed by Fiji (X tons), committing a X% share of total imports. The following importers - Solomon Islands (X tons), Vanuatu (X tons), Micronesia (X tons), Marshall Islands (X tons), Kiribati (X tons) and Wallis and Futuna Islands (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Kiribati (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, French Polynesia ($X), Papua New Guinea ($X) and New Caledonia ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Samoa, Tonga, Vanuatu, Solomon Islands, Fiji, Micronesia, Kiribati, Marshall Islands and Wallis and Futuna Islands lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Kiribati, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, 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 Australia and Oceania amounted to $X per ton, picking up by X% against the previous year. Overall, the import price, however, saw a pronounced reduction. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kiribati ($X per ton), while Tonga ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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