Panama’s opening to poultry and pork expands opportunities in Central America

Published 2024년 8월 19일

Tridge summary

The Brazilian Animal Protein Association (ABPA) has lauded the Brazilian Ministry of Agriculture and Livestock for securing access to the Panamanian market for Brazilian chicken and pork. This development follows a request by the Brazilian government to the Panamanian Food Agency. With a population of 4.4 million and high consumption rates of these meats, Panama represents a lucrative market. In 2023, Panama's imports of chicken and pork were mainly from North America. The new market access is expected to diversify Panama's protein sources and support local production, benefiting Brazilian processors and suppliers. ABPA President Ricardo Santin commended Minister Carlos Fávaro and his team for their successful efforts.

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

Original content

The Brazilian Animal Protein Association (ABPA) celebrated the announcement made today by the Brazilian Ministry of Agriculture and Livestock regarding the opening of the Panamanian market to Brazilian chicken and pork. The Panamanian Food Agency – an agency of the Panamanian government equivalent to the Brazilian Ministry of Agriculture – is responding to a sectoral request made to the Brazilian government and forwarded to the authorities of the Central American country in 2023 to open the market to pork and poultry products. A country with 4.4 million inhabitants and a large tourist flow, with one of the highest per capita consumption rates of chicken meat in Latin America – around 54 kilos per capita in 2023, according to the Instituto Latinoamericano del Pollo (ILP) – and with a per capita consumption of pork of 12.6 kilos, according to FAOSTAT – Panama is a market with significant external demand for products. In 2023, according to the United States Department of Agriculture ...

Source: NoticiasAgricolas