The EU's poultry market is under pressure from Brazil and Ukraine

Published 2024년 1월 13일

Tridge summary

European and Hungarian poultry production is gradually weakening, partly due to the impact of the war in Ukraine. The EU is the world's third largest exporter of poultry meat, with strong foreign trade and a positive balance sheet. However, increasing imports from countries like Brazil and Thailand, as well as the resilient Ukrainian poultry sector, pose challenges to the European and domestic poultry industry in terms of competition and market position.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Today, European and Hungarian poultry production is still quite strong, but this strength is waning. With their war, the Russians did it not only to Ukraine, but to the entire continent, and even to themselves. Those who are doing well are, for example, Brazil and Thailand... Europe's foreign trade in poultry is strong and has a positive balance sheet. The first five largest emitters (Spain, Poland, Germany, France and Italy) produce two-thirds of the continent's 14 million tons of goods (80% of which is chicken), and together with the others, the EU is 108 percent self-sufficient. Poultry meat production in the EU is stable at roughly 14 million tons per year. Therefore, it is typical of the EU's positive foreign trade in poultry meat that it usually exports three times as much as it imports, making it the world's 3rd largest exporter of the product after Brazil and the USA. However, this foreign trade position is weakening. As Zoltán Fórián, who often publishes on our portal, ...
Source: Agraragazat

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