Brazilian poultry export record in 2022

Published Jan 10, 2023

Tridge summary

Brazilian broiler exports are projected to reach a record 4.85 million tonnes in 2022, a 5% increase from the previous year, despite an 18% drop in shipments to China, according to the Brazilian Association for Animal Protein (ABPA). The United Arab Emirates and the European Union are expected to become the second and fourth largest destinations for Brazilian chicken meat, respectively. Rabobank predicts a 4-5% increase in exports in volume for 2022. However, the positive outlook is threatened by the risk of avian influenza.

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

Original content

Brazilian broiler exports might reach a new record of 4.85 million tonnes in 2022, according to ABPA (Brazilian Association for Animal Protein). This would be 5% more than in 2021 when the country exported 4.6 million tonnes. The entity presented these numbers in December, forecasting 14.6 million tonnes of production in 2022, or 1.5% more than the previous year. According to a report by Rabobank, even with the 18% drop in Brazilian shipments to China (the largest destination for Brazilian exports, accounting for around 12% of the total), chicken meat exports continue to rise. In October 2022, for example, protein exports increased by 5% in volume and 29% in value. Higher feed costs are being absorbed by the foreign market, which has also increased the competitiveness of Brazilian broilers on the international scene. The United Arab Emirates, which followed China as the second-largest destination, recorded a 22% increase in shipments. Japan had a drop of 3% in the same period. The ...

Source: Poultryworld