The Brazilian chicken meat may lose space to beef

Published 2023년 1월 6일

Tridge summary

Brazil has been the leading exporter of chicken meat since 2004, holding 35% of the global market. In 2021, the country produced 14.3 million tons of chicken meat, with 32% being exported to over 150 countries, generating revenues of US$ 7.6 billion. Despite challenges from beef in the domestic market, chicken meat consumption has increased by 13% over the past three years. A Rabobank report predicts that chicken exports will continue to grow due to lower price differences between chicken and beef.

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Original content

Brazil has been the world leader in chicken meat exports since 2004 and holds 35% of this market. In 2021 alone, the country produced 14.3 million tons of chicken meat. Of this total, 32% were exported to more than 150 nations, generating revenues of US$ 7.6 billion, according to data from the Federal Government. Regarding Brazilian exports, the Rabobank report released last week predicts that they will remain on the rise. However, in the domestic market, chicken meat must compete for space with beef. One of the reasons is the strong appreciation of beef combined with lower purchasing power, which resulted in a 13% increase in per capita consumption of chicken meat over the last three years,” says the ...

Source: Agrolink