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U.S. Poultry Market Overview 2019 | Perdue Farms, Simmons Foods, Pilgrim's Pride Corporation, Jennie-O Turkey Store, Fieldale Farms Corporation, Butterball, George's Processing

06-24-2019 02:57 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IndexBox, Inc.

U.S. Poultry Market Overview 2019 | Perdue Farms, Simmons Foods,

IndexBox has just published a new report, the U.S. Poultry Market. Analysis And Forecast to 2025
https://www.indexbox.io/store/us-poultry-market-analysis-and-forecast-to-2020/

Here is a summary of the report's key findings.

Poultry Market Size in the USA

The revenue of the poultry market in the U.S. amounted to $X in 2017, stabilizing at the previous year. In general, poultry consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, when market value increased by X% y-o-y. In that year, the poultry market reached their peak level of $X. From 2015 to 2017, growth of the poultry market failed to regain its momentum.

Poultry Production in the USA

In value terms, poultry production stood at $X in 2017. Overall, poultry production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, when the output figure increased by X% year-to-year. In that year, the poultry production attained their peak level of $X. From 2015 to 2017, growth of the poultry production stood at a somewhat lower level.

Poultry Exports

Exports from the USA

In 2017, the amount of poultry exported from the U.S. amounted to X tonnes, growing by X% against the previous year. In general, poultry exports continue to indicate a prominent increase. The growth pace was the most rapid in 2017, when exports increased by X% y-o-y. In that year, the poultry exports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, poultry exports totaled $X in 2017. Overall, poultry exports continue to indicate a relatively flat trend pattern. In that year, the poultry exports attained their peak level, and are likely to continue its growth in the immediate term.

Exports by Country

The UK (X tonnes) was the main destination of poultry exports from the U.S., accounting for X% share of total exports. Moreover, poultry exports to the UK exceeded the volume sent to the second major destination, Germany (X tonnes), twofold. China, Hong Kong SAR (X tonnes) ranked third in terms of total exports with a X% share.

From 2013 to 2017, the average annual growth rate of volume to the UK totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and China, Hong Kong SAR (+X% per year).

In value terms, the UK ($X) emerged as the key foreign market for poultry exports from the U.S., making up X% of total poultry exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by China, Hong Kong SAR, with a X% share.

From 2013 to 2017, the average annual rate of growth in terms of value to the UK amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and China, Hong Kong SAR (+X% per year).

Export Prices by Country

In 2017, the average poultry export price amounted to $X per kg, lowering by -X% against the previous year. Overall, poultry export price continues to indicate a drastic descent. The most prominent rate of growth was recorded in 2014, when it surged by X% y-o-y. In that year, the average export prices for poultry attained their peak level of $X per kg. From 2015 to 2017, growth of the average export prices for poultry failed to regain its momentum.

There were significant differences in the average export prices for the major foreign markets. In 2017, the country with the highest export price was Honduras ($X per kg), while average price for exports to Germany ($X per tonne) was amongst the lowest.

From 2013 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to the UK (+X% per year), the export prices for the other major destinations experienced more modest paces of growth.

Companies mentioned:

Perdue Farms,

Simmons Foods,

Pilgrim's Pride Corporation,

Jennie-O Turkey Store,

Fieldale Farms Corporation,

Butterball,

George's Processing,

Wayne Farms,

West Liberty Foods,

Mountaire Farms of Delaware,

House of Raeford Farms,

O. K. Foods,

Mountaire Farms,

George's,

Koch Foods of Mississippi, Mountaire,

Continental Grain Company,

Pilgrim's Pride Corporation of Georgia,

Nash Johnson & Sons Farms,

Marjac Holdings,

Columbia Farms,

Sanderson Farms, Inc. (processing Division),

Simmons Prepared Foods,

Case Foods

Source: https://www.indexbox.io/store/us-poultry-market-analysis-and-forecast-to-2020/

IndexBox, Inc.
340 S Lemon Ave #6008, Walnut, CA 91789
United States
+14157998701
info@indexbox.io

IndexBox is a leading AI-powered market research agency.

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