Poultry meat and offal market in Honduras

Earlier Report Observations

From 2018 to 2019, the poultry meat and offal market in Honduras saw a slight expansion, with production increasing from 411.1 thousand tons to 413.4 thousand tons and total market volume reaching 429.3 thousand tons. This growth coincided with the industry's active pursuit of export opportunities, including interest from neighboring Central American countries and ongoing efforts to secure certification for shipping frozen chicken to the United States.

Market volume dropped to 390.3 thousand tons in 2020. A sharp recovery followed in 2021, with volume surging to 460.4 thousand tons, supported by continued progress in U.S. export certification, which facilitated higher overseas shipments. The market grew further to 462.3 thousand tons in 2022, as export certification efforts persisted and the COVID-19 pandemic shifted consumer preferences toward frozen poultry due to its longer shelf life and convenience.

The upward trend continued in 2023, with market volume reaching 466.0 thousand tons, reflecting stable production and consolidated export channels.

Production poultry meat and offal in Honduras

In kind, 2017-2020, K t

Top producers of poultry meat and offal, 2017-2020

World map of production of poultry meat and offal, 2017-2020

After two consecutive years of growth, poultry meat and offal production in Honduras experienced a decline. In 2020, the country produced 373.9 thousand tons, representing a 9.5% decrease from the previous year. Looking at the period from 2017 to 2020, overall production fell by 2.9%, with an average annual decline of 1.0%. The peak production occurred in 2019, reaching 413.4 thousand tons, while the most significant year-on-year increase was recorded in 2018 at 6.7%.

Annual dynamics of production in Honduras in kind, 2017-2020, K t

In value, 2017-2020, M $ US

Honduras saw its third consecutive annual increase in the monetary value of poultry meat and offal production. In 2020, the output was valued at 578.5 million US dollars, marking a slight rise of 1.6% compared to 2019. Over the four-year span from 2017 to 2020, production value grew by 21.8%, translating to an average annual growth rate of 6.8%.

Annual dynamics of production in Honduras in value, 2017-2020, M $ US

Exports poultry meat and offal from Honduras

Exports in kind, t

In 2020, Honduras exported 1 045 tons of poultry meat and offal, which was 21.3% lower than the previous year. From 2017 to 2020, exports decreased by 26.9%, averaging an annual decline of 9.9%. The lowest export volume was recorded in 2018 at 855 tons, when exports fell by 40.2% year-on-year. In contrast, 2019 saw the largest increase, with exports jumping by 55.2%.

Annual dynamics of product's exports from Honduras in kind, 2017-2020, t

Between 2017 and 2020, El Salvador and Guatemala were the primary destinations for Honduras's poultry meat and offal exports in volume terms, together accounting for 80.7% of total exports. Other trading partners each held significantly smaller shares during this period.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Honduras in kind, 2017-2020

Exports in value, K $ US

Export values in US dollars showed considerable volatility from 2017 to 2020. In 2020, Honduras exported 1 617 thousand US dollars worth of poultry meat and offal, an 11.6% decrease from the previous year. The lowest value was recorded in 2018 at 1 066 thousand US dollars, marking a 39.5% decline from 2017. Exports peaked in 2019 at 1 829 thousand US dollars, reflecting a substantial 71.6% increase from 2018.

Annual dynamics of product's exports from Honduras in value, 2017-2020, K $ US

From 2017 to 2020, El Salvador dominated Honduras's poultry meat and offal exports in value terms, representing 72.5% of total export flows. Other markets contributed much smaller shares to the export structure.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Honduras in value, 2017-2020

Imports poultry meat and offal to Honduras

Imports in kind, t

Honduras experienced its third straight year of growth in poultry meat and offal import volumes. In 2020, imports reached 17 360 tons, a modest 0.8% increase from 2019. Over the period from 2017 to 2020, import volumes rose by 25.7%, with an average annual growth rate of 7.9%.

Annual dynamics of product's imports to Honduras in kind, 2017-2020, t

Throughout 2017 to 2020, the United States was the overwhelmingly dominant source for Honduras's poultry meat and offal imports in volume terms, consistently supplying 98.4% of total imports.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Honduras in kind, 2017-2020

Imports in value, K $ US

In 2020, Honduras imported 22 369 thousand US dollars worth of poultry meat and offal, a slight contraction of 6.2% compared to the previous year. The lowest import value during this period was in 2018 at 22 013 thousand US dollars, while the peak occurred in 2019 at 23 842 thousand US dollars, when imports increased by 8.3% from 2018.

Annual dynamics of product's imports to Honduras in value, 2017-2020, K $ US

From 2017 to 2020, Honduras's imports of poultry meat and offal in value terms were highly concentrated, with the United States alone accounting for 98.0% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Honduras in value, 2017-2020