The Brazilian poultry sector is optimistic

Published 2023년 7월 31일

Tridge summary

Brazil is a major exporter of poultry meat, with more than half of all meat exports coming from the country. Poultry consumption in Brazil has recovered after a decline during the pandemic, and domestic consumption is growing faster than foreign demand. Brazil's weak currency has made its poultry meat cheaper on the world market, leading to increased exports.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The most important commercial product for Brazil is poultry meat. This accounts for more than half of all meat exports. In terms of the volume of poultry meat, Brazil is in a prominent position. In 2022, South Americans sold nearly 4.5 million tons of chicken abroad, as much as the EU, Thailand, Turkey, China and Ukraine combined, and now ranked 3rd in the ranking of the largest exporters. Poultry consumption in Brazil recovered after the epidemic The export business plays an important role in the utilization chain of Brazilian poultry production. About a third of the production volume ends up on the plates of consumers around the world. However, this also means that two-thirds of poultry meat is consumed domestically, and this trend is increasing. Looking at the development of recent years, the demand on the domestic market has grown faster than on the foreign market. The 2022 coronavirus year marks a turning point: the pandemic curbed economic growth, unemployment figures rose, ...

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