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Brazil's chicken exports reached 418,100 tons in March; pork exports reached 91,900 tons

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Brazil
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Published Apr 16, 2024

Tridge summary

In the first quarter, Brazil's chicken exports saw a significant decline, with a 7.2% drop in volume and a 16.77% decrease in revenue compared to the previous year. The UAE, China, and Saudi Arabia remained the top importing countries, though their demand fluctuated. The major exporting states within Brazil, including Paraná, Santa Catarina, and Rio Grande do Sul, all reported reduced exports. Despite this downturn, the Brazilian Animal Protein Association (ABPA) remains optimistic about stabilizing exports in the near future, citing a global balance in supply and demand and the impact of avian influenza in some areas. Meanwhile, Brazil's pork exports decreased in March but showed an overall increase for the quarter, with the Philippines becoming a notable market due to new certification for Brazilian pork, indicating potential for export growth despite China's reduced demand.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

If we look at the export volume by quarter: 1.22 million tons of chicken were exported in the first quarter, a decrease of 7.2% from the same period last year, and the revenue decreased by 16.77%. Ricardo, president of the Brazilian Animal Protein Association ABPA, analyzed: Exports exceeded 500,000 tons in March last year, which is a relatively rare phenomenon; it gives the market an illusion. In fact, monthly exports of more than 400,000 tons are a normal amount. The market with the largest Brazilian chicken exports in March was the UAE, reaching 40,700 tons, an increase of 16.2% over the same period last year; China imported 38,900 tons of Brazilian chicken, a decrease of 48.9%; Saudi Arabia imported 35,000 tons, ranking third, an increase of 3.9% year-on-year. Paraná is still the largest exporting state in Brazil, exporting 172,300 tons of chicken, a decrease of 19.6% from the same period last year; the second is Santa Catarina, exporting 94,500 tons, a decrease of 9.6% ...
Source: Foodmate
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