Poultry meat and offal market in South America

Earlier Report Observations

From 2018 to 2020, the poultry meat and offal market volume in South America increased from 38.9 million tonnes to 39.8 million tonnes. This growth was supported by improved access to export markets after Peru was declared free of high-pathogenic avian influenza, as well as the approval of a national export plan to Singapore. Domestic demand remained robust, evidenced by significant imports of frozen chicken to meet processing capacity needs.

In 2021, market volume dropped to 38.1 million tonnes, while demand for processed and frozen products for quick-service restaurants continued to grow. Over the next two years, the market recovered, reaching 39.2 million tonnes in 2023, despite Peru's loss of avian influenza-free status, which temporarily disrupted exports. A 415% surge in turkey meat exports in 2022 partially offset these disruptions, supporting overall production.

Production poultry meat and offal in South America

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

South America's poultry meat and offal production increased for the second consecutive year. In 2020, the region produced 43 848 K t, showing minimal change from 2019. The lowest production volume was recorded in 2018 at 42 685 K t, which also saw the largest decline of 0.7%. The most significant increase occurred in 2019 with a 2.2% rise.

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

In value, 2017-2020, M $ US

In 2020, South America's poultry meat and offal production was valued at 63 885 M $ US, marking a substantial contraction of 13.7% compared to the previous year. Over the 2017-2020 period, production decreased by 10.3%, with a compound annual growth rate of 3.6%. The highest value was recorded in 2019 at 73 990 M $ US, which also experienced the largest increase of 7.3%.

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

Exports poultry meat and offal from South America

Exports in kind, K t

In 2020, South America's poultry meat and offal exports totaled 4 240 K t, down 0.9% from the prior year. The lowest export volume was in 2018 at 4 088 K t, which saw the largest decline of 5.4%. The most significant increase occurred in 2019 with a 4.6% rise.

Annual dynamics of product's exports from South America in kind, 2017-2020, K t

From 2017 to 2020, the export structure for poultry meat and offal remained fragmented. China accounted for 14.5% of exports in kind, Saudi Arabia for 11.8%, and Japan for 9.6%, together representing only 35.9% of total flows, with no single country achieving a dominant share.

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

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

Exports in value, M $ US

South America exported 6 177 M $ US of poultry meat and offal in 2020, showing a robust decline of 14.8% compared to the previous year. Over the 2017-2020 period, exports decreased by 13.7%, with a compound annual growth rate of 4.8%. The highest value was recorded in 2019 at 7 254 M $ US, which also saw the largest increase of 9.8%.

Annual dynamics of product's exports from South America in value, 2017-2020, M $ US

Between 2017 and 2020, no single market dominated South America's poultry meat and offal exports in value terms. China accounted for 18.0% of exports, Saudi Arabia for 12.2%, and Japan for 11.4%, together taking only 41.6% of total exports, while numerous smaller partners each held modest individual shares.

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

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

Imports poultry meat and offal to South America

Imports in kind, K t

After two years of growth, South America's poultry meat and offal imports declined. In 2020, the region imported 321 K t, representing an abrupt fall of 29.3% from 2019. Over the 2017-2020 period, imports decreased by 25.3%, with a compound annual growth rate of 9.3%. The highest import volume was recorded in 2019 at 321 K t, while the largest increase occurred in 2018 with a 4.5% rise.

Annual dynamics of product's imports to South America in kind, 2017-2020, K t

From 2017 to 2020, the United States consistently held the largest share of South America's poultry meat and offal imports in kind, accounting for 59.1% of total flows.

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

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

Imports in value, M $ US

South America imported 359 M $ US of poultry meat and offal in 2020, indicating a loss of 17.9% compared to the previous year. Over the 2017-2020 period, imports decreased by 16.7%, with a compound annual growth rate of 5.9%. The highest value was recorded in 2019 at 438 M $ US, which also experienced the largest increase of 7.1%.

Annual dynamics of product's imports to South America in value, 2017-2020, M $ US

Throughout 2017-2020, the United States was the primary supplier of poultry meat and offal to South America, consistently accounting for 45.3% of total imports in value terms.

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

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