Brazilian poultry exports down in July

Published 2020년 8월 31일

Tridge summary

In July, Brazil's poultry exports saw a decrease of 5.7% in volume and 25% in revenue year-on-year, totaling 364,600 tonnes and $498.2 million respectively, as reported by the Brazilian Animal Protein Association (ABPA). Despite the year-on-year decline, the first seven months of the year showed a slight increase in export volume by 0.5% to 2.471 million tonnes, while revenue fell by 11.4% to $3.642 billion. Asia, led by China, emerged as the primary market, with a 12.7% increase in sales. However, exports to the Arab countries, especially Saudi Arabia and the UAE, saw a decrease. Libya, Bahrain, Jordan, Egypt, and Qatar experienced significant growth in poultry imports from Brazil.

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Original content

July saw 364,600 tonnes of raw and processed poultry products exported from Brazil, down 5,7% year-on-year in July. Export revenues came out to $498.2 million, down 25%, announced the Brazilian Animal Protein Association (ABPA).Year-to-date through July, exports increased 0.5% to 2.471 million tonnes, with revenue sliding 11.4% to $3.642 billion. “Shipped volume in July this year was higher than the 2019 average of 351,000 tons a month. Our monthly export results indicate that by the end of the year we will see a higher export volume than in 2019,” said ABPA CEO Ricardo Santin. The ABPA highlighted sales to Asia, at 988,300 tonnes through July, up 12.7%, from a year ago. China was the leading importer at 406,800 tonnes, up 29%. Singapore, the Philippines and Vietnam were also major buyers.Shipped volume to all Arab countries combined was down 7% to 853,300 tonnes. Saudi Arabia ranked first at 245,000 tonnes imported, down 13%. The UAE followed suit at 173,100 ...

Source: EuroMeat