Brazil: 4% higher annual chicken volume generates a 28% increase in foreign exchange revenue

Published 2023년 1월 4일

Tridge summary

Brazilian chicken meat exports saw a growth of 4.34% in volume and a significant increase of 23% in price in 2022, leading to a 28% surge in foreign exchange revenue. The average price of the product surpassed $2,000/ton for the first time, setting a new record for the sector. However, exports in December saw a decrease of almost 8% compared to the same month in the previous year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Preliminary results indicate that Brazilian exports of chicken meat in 2022, considering only the in natura product, were close to 4.434 million tons, a volume that represented an increase of 4.34% over the 4.249 million tons of 2021. More significant, however, was the appreciation in the price of the product, which evolved from an average of US$1,636.53 per ton in the year before last, to US$2,008.33/ton in 2022, an increase of almost 23% in the year. As a result of the good performance of these two factors, the foreign exchange revenue from fresh chicken meat increased 28% in 2022, surpassing the US$8.9 billion mark. It should be noted that the results obtained in the year corresponded to new records for the sector in terms of volume, average price and foreign exchange earnings. The average price, by the way, surpassed US$2,000/ton for the first time, surpassing the previous record of US$1,977/ton, which had remained unbeatable since 2011. Closing last year, exports of fresh ...
Source: Avistie

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