Argentine chicken spreads its export wings

Published Oct 30, 2022

Tridge summary

The Argentine poultry sector is expected to see a 4% increase in chicken meat exports in 2023, reaching 198,000 tons, due to improved international prices and the impact of the Russia-Ukraine war. The main destinations for these exports include China, Chile, South Africa, Saudi Arabia, the United Arab Emirates, and Russia. The sector faces competition from Brazil, the world's third-largest producer of poultry meat. The Rosario stock exchange anticipates that the Argentine poultry sector will maintain its production in 2023, driven by the domestic market, but there is potential for the external sector to become more attractive for business.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Private projections indicate that the avian value chain will export 198,000 tons of chicken meat in 2023, which will represent a 4% increase compared to this year. This scenario is generated from a series of factors, such as the improvement in international prices and the window of opportunity created by the war between Russia and Ukraine. To this scenario and according to a report prepared by the Rosario Stock Exchange (BCR), we must add the economic distortions around the depreciation of the peso. "The poultry sector states that an improvement in competitiveness can come from a better income ratio thanks to the external sector," they summarized. LOOK: Chicken: with more consumption, better prices and stable corn, business numbers improve The main Argentine destinations are China, Chile, South Africa, Saudi Arabia, the United Arab Emirates and Russia. In the last three years, exports averaged 65% chicken cuts, 35% whole birds, and less than 1% prepared products. Measured in ...
Source: ARInfocampo

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