Iranian poultry industry bounces back

Published 2024년 8월 13일

Tridge summary

Iran's poultry industry has recovered from last year's production challenges, leading to a surplus and the resumption of exports, with a total of 13,000 tonnes exported primarily to Iraq. The domestic market has seen stabilized chicken prices, ranging from 25,000 to 27,000 tomans per kg, and an anticipated production of 3 million tonnes of poultry in the current year, sufficient to meet demand. Despite these short-term improvements, the industry faces long-term issues, including the government's management of multiple exchange rates, which negatively impacts planning and increases production costs, potentially stifling investment in the sector.

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

Original content

Following last year’s production turmoil, Iranian poultry farmers have stabilised production and even re-launched exports. However, according to local market players, several systemic issues continue to plague the poultry industry. Iranian poultry production rebounded in the 1403 Persian year, starting on 23 March 2024, Ali Ebrahimi, chairman of the board of the National Union of Goshti Poultry Farmers, told local news outlet Balag. Ebrahimi recalled that last year, Iran had to resort to chicken imports to fill the gaps in the domestic market left by crumbling domestic production. This year, however, the market has some production surplus, allowing farmers to resume chicken exports. He revealed that Iran has regained the position of a net poultry exporter in the current year, selling roughly 13,000 tonnes of poultry to foreign customers, primarily in Iraq. ALSO READ: Market trends in this edition of Poultry World Chicken prices have also stabilised. Ebrahimi said that during the ...

Source: Poultryworld