Brazil’s poultry exports to Arabs expected to grow in 2024

Brazil

Market & Price Trends

Published Dec 20, 2023

Tridge summary

Brazil's poultry exports to Arab countries are poised to maintain their strong performance in 2024 and expand shipments to new destinations, with a projected 6.8% increase in total poultry exports to 4.6 million tonnes this year. The revenue is estimated to plateau at USD 8,978 billion. The leading importer of Brazilian poultry was China, followed by the United Arab Emirates, Saudi Arabia, and Iraq, which saw a significant surge in imports.

ABPA president Ricardo Santin stated that the increase in exports to Iraq is due to a drop in production and exports from Turkey, and the organization is negotiating the opening of markets in Sudan and other non-Arab countries. The sector also expects a 3.7% growth in poultry production and a 3.9% increase in exports for 2024, with optimism for the outlook of Brazilian poultry.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

São Paulo – Brazil’s poultry exports to Arab countries are expected to sustain this year’s performance in 2024 and increase shipments to new destinations. In a press conference in São Paulo to present the sector’s performance in 2023 and prospects for 2024, meat lobby ABPA also estimated a 6.8% expansion in total poultry exports to 4.6 million tonnes this year. The projection is for revenue to plateau at USD 8,978 billion. (Pictured above, a poultry processing plant). According to data released by the ABPA, the leading importer of Brazilian poultry was China, which increased purchases by 28% over 2022 to 632,200 tonnes. It was followed by the United Arab Emirates, which imported 396,000 tonnes, down 3.3% from last year. Saudi Arabia came fourth and increased its purchases by 7.2% to 337,400 tonnes, just behind Japan. The highlight among Arab countries was Iraq, which this year appeared among the top ten destinations for Brazilian poultry, with a 184% upsurge over last year to ...

Source: Anba