Brazil's poultry genetic material exports are on the rise, according to ABPA

Published 2024년 3월 29일

Tridge summary

In February, Brazil witnessed a 13.8% increase in the export of genetic material, such as chicks and fertile eggs, reaching 2,646 thousand tons compared to the previous year. Despite the rise in export volume, there was a 7.4% decrease in revenue for February and an 8.2% decline over the first two months of the year relative to 2023. Mexico, the leading importer of Brazilian genetic material, saw a significant 48.8% reduction in its imports. However, there's a growing interest from African countries, with South Africa, Senegal, Paraguay, and Venezuela notably increasing their imports, indicating an expanding market for Brazilian poultry genetics in these regions.

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

Original content

Brazilian exports of genetic material, including chicks and fertile eggs, totalled 2,646 thousand tons in February this year, according to the Brazilian Animal Protein Association (ABPA). The number exceeds the total exported in the same period last year by 13.8%, with 2,325 thousand tons. Revenue generated from February exports reached US$19.4 million, a balance 7.4% lower than the total made in the same period in 2023, with US$20.9 million. In the year, the accumulated increase reaches 10.1%, with 5,116 thousand tons exported in the first two months of this year, against 4,646 thousand tons in the same period last year. In revenue, there was a decline of 8.2%, with US$38.7 million in the first two months of this year, against US$42.2 million in 2023. The main destination for poultry exports, Mexico imported 1,656 thousand tons in the first two months of this year, a volume 48.8% lower than the total shipped in the same period last year. In a different movement, sales to South ...

Source: Thepoultrysite