ABPA projects increased sales of chicken meat to the United Kingdom after new quotas

Published 2022년 11월 18일

Tridge summary

The Brazilian Association of Animal Protein (ABPA) announced a new agreement with the United Kingdom to increase chicken meat export quotas, revising the quotas originally set after Brexit. The quota for cooked chicken has been increased from 26.8 thousand tons to 42 thousand tons, and the quota for salted chicken has been increased from 40.8 thousand to 46.2 thousand tons. This is expected to boost sales and reflect the high demand for Brazilian chicken in the UK market. The agreement comes at a time when Brazilian chicken meat exports have been on the rise, with total revenue reaching US$8.195 billion from January to October, a 29.3% increase from the same period in 2021.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

SAO PAULO (Reuters) - The Brazilian Association of Animal Protein (ABPA) said on Friday that an agreement establishing larger volumes of export quotas for chicken meat from Brazil to the United Kingdom should boost business with that market, which 14th largest importer of the Brazilian product this year. The agreement revises the division of quotas originally established shortly after Brexit and which, in some ways, did not accurately reflect trade flows. The quota for cooked chicken went from 26.8 thousand tons to 42 thousand tons, representing the biggest gain for the sector in Brazil, while in the case of salted chicken it went from 40.8 thousand to 46.2 thousand tons. "The new quotas should generate positive impacts on sales in the sector, reflecting the high demand that exists for the Brazilian product in this market", said the president of the ABPA, Ricardo Santin, in a note. Cooked and savory products have historically been in high demand from British processors, the ...

Source: Istoedinheiro