COST DETECTIVE · Fried chicken

Live-bird prices fell — why did fried-chicken prices not?

Following the money from raw material to shelf price over time, using published data.

Raw cost 2024→2025+21.2%
Retail 2024→2025+3.9%
Weight-29% (reverted)
vs global average+171%

HOGU INDEX

What does it cost abroad?

Hogu itemKoreaGlobal avgLowestvs avg
프라이드치킨
1마리 순살 / 마리
₩23,000₩8,500
미국·독일
₩4,800
중국
+171%
닭고기
계육 9호·냉장육 / 100g
₩1,800₩820
미국·독일
₩540
브라질
+120%

Taken as-is from the Hogu Index (its KRW conversion and reference products).

Open in Hogu Index

COMBINED INSIGHT

At a glance

Korea vs global average+171%
Cost increase pass-through (2024→2025)18%
Cost saving pass-through (2023→2024)Cost fell but retail rose — none passed on
Weight change-29% — later reverted

Each indicator stands alone; no combined score.

RAW VS RETAIL

Raw material vs retail price

Index with 2023 set to 100, comparing later changes.761001202022202320242025Live broiler market price 2022: 89.4Live broiler market price 2023: 100.0Live broiler market price 2024: 76.1Live broiler market price 2025: 92.3Chicken CPI (dining out) 2023: 100.0Chicken CPI (dining out) 2024: 104.8Chicken CPI (dining out) 2025: 108.9
Live broiler market priceChicken CPI (dining out)
Index with 2023 = 100. It compares rates of change, not prices; gaps are periods without published data.
PeriodLive broiler market priceChicken CPI (dining out)
202289.4n/a
2023100.0100.0
202476.1104.8
202592.3108.9

Live broiler market price · Korean farm-gate (KAPE data) · Annual average

PeriodOriginal (원/kg)
20221,843
20232,062
20241,570
20251,903

Source: 한국농촌경제연구원 「농업전망 2026」 제5장 육계·산란계·오리 수급 동향과 전망

Chicken CPI (dining out): Rebased to 2023=100 from KOSTAT annual changes (2024 +4.8%, 2025 +3.9%); earlier changes are not in the release highlights — 통계청 「2025년 12월 및 연간 소비자물가동향」(2025.12.31)

PASS-THROUGH

How much of the cost change reached the shelf

PeriodRawRetailSimple reference ratio
2023→2024-23.9%+4.8%Saving pass-through Cost fell but retail rose — none passed on · raw fell 20%+, not passed on
2024→2025+21.2%+3.9%Increase pass-through 18%

A simple ratio of retail change to raw change. Prices also carry labour, packaging, rent and logistics, so this is not a margin change.

Asymmetric price adjustment

Cost increase lagNot computed
Cost decrease lagNot computed

Only annual data is available, so day-level lags cannot be computed yet; they will be once monthly series are added.

SHRINKFLATION

Same price, less product?

Kyochon boneless menu, pre-cooking weight · 2025-09-11

Sticker priceUnchanged (as reported)
Weight700g → 500g (-28.6%)
Effective increase+40.0%
Afterwards2025-11-20 — Reversal announced 23 Oct; 700 g and 100% thigh restored from 20 Nov

스페셜경제 — 교촌치킨, 순살 중량 30% 축소(2025.9)에너지경제 — 교촌치킨, 결국 중량·원육 구성 되돌리기로(2025.10.23)

INGREDIENT CHANGE

Ingredient substitution

Kyochon boneless meat mix · 2025-09-11

Before100% thigh meat
AfterThigh mixed with tenderloin
Afterwards2025-11-20 — Back to 100% thigh

스페셜경제 — 교촌치킨, 순살 중량 30% 축소(2025.9)에너지경제 — 교촌치킨, 결국 중량·원육 구성 되돌리기로(2025.10.23)

PRICE WATERFALL

How the price stacks up

Live bird (raw)
The only public farm price is the open-market price (1,903 won/kg in 2025); integrator contract prices (95.8% of shipments) and franchise supply prices are not public
Unknown
Slaughter and processingUnknown
Franchise supply price and royaltiesUnknown
Store operations (rent, labour)Unknown
PackagingUnknown
Delivery and platform feesUnknown
AdvertisingUnknown
Consumer priceUnknown

Only confirmed amounts are shown; undisclosed steps stay “Unknown” and are not estimated.

BENEFICIARY MAP

Who absorbed the difference?

Manufacturer / integrator
Integrator contract prices not public
Unclear
Franchisor
Franchisor supply price and margin not public
Unclear
Platform
No item-level platform cost data
Unclear
Store / retailer
No franchisee margin data
Unclear
Consumer
CPI +4.8% in 2024 despite lower raw prices
Paid more

Unless directly confirmed, parties stay “Unclear”. A gap between cost and retail moves does not establish who kept the difference.

CONSUMER EFFECT

What consumers gained and lost

Gained

  • The weight cut was reversed after about two months

Lost

  • 2024 raw-cost fall not reflected in CPI
  • Sep–Nov 2025: +40% real unit price on some menus (smaller portion)
  • Meat mix changed in the same period

TIMELINE

Cost and price timeline

  1. 2024Live-bird price −23.9% (2,062 → 1,570 won/kg) ↗
  2. 2024Chicken CPI +4.8% ↗
  3. 2025Live-bird price +21.2% (1,570 → 1,903 won/kg) ↗
  4. 2025Chicken CPI +3.9% ↗
  5. 2025-09-11Kyochon boneless 700 g → 500 g, same price ↗
  6. 2025-11-20Kyochon boneless back to 700 g ↗

Read with care

  • The open-market live-bird price covers only about 4% of shipments; it can differ from what franchises actually pay.
  • The share of the bird in a chicken’s price is not public; pass-through is a simple directional reference, not a margin change.
  • Chicken CPI is an average index, not any brand’s price.

Reports and corrections

Tell us about price, weight or ingredient changes. Companies can request corrections with supporting evidence.

Sources

  1. 한국농촌경제연구원 「농업전망 2024」 제18장 육계·산란계·오리 수급 동향과 전망 · checked 2026-10-02
  2. 한국농촌경제연구원 「농업전망 2026」 제5장 육계·산란계·오리 수급 동향과 전망 · checked 2026-10-02
  3. 통계청 「2024년 12월 및 연간 소비자물가동향」(2024.12.31) · checked 2026-10-02
  4. 통계청 「2025년 12월 및 연간 소비자물가동향」(2025.12.31) · checked 2026-10-02
  5. 스페셜경제 — 교촌치킨, 순살 중량 30% 축소(2025.9) · checked 2026-10-02
  6. 에너지경제 — 교촌치킨, 결국 중량·원육 구성 되돌리기로(2025.10.23) · checked 2026-10-02

Last checked 2026-10-02. Raw series: Live broiler market price.

DETECTIVE RADAR

Fried chicken from other angles

  • Origin DetectiveApplies · not analysed yet
  • Cost DetectiveThis page
  • Distribution DetectiveApplies · not analysed yet
  • Inflation DetectiveApplies · not analysed yet
  • Discount DetectiveApplies · not analysed yet
  • Value DetectiveApplies · not analysed yet
  • Hype DetectiveApplies · not analysed yet
  • Hogu IndexApplies · not analysed yet
  • Tax DetectiveApplies · not analysed yet
  • Wage DetectiveApplies · not analysed yet
  • Ingredient Detective (food & drinks)Applies · not analysed yet
  • Regulation DetectiveApplies · not analysed yet

✓ analysed · △ applies, not analysed yet · not applicable: Privacy Detective · All axes on one page · Who made this price?