In global chicken meat exports, greater expansion is reserved for developing countries

Published Jul 6, 2021

Tridge summary

A new projection by the OECD and FAO forecasts a steady growth in global chicken meat exports at 1.6% annually, reaching 17.5 million tons by the end of the decade, which is a 17% increase from the last decade's end. However, the growth rate for OECD exporting countries is expected to be lower at 13.25%, while developing countries' exports are projected to grow by 21.45%. By 2030, the export distribution is anticipated to shift to a 52:48 ratio in favor of developing countries, with the US and the European Union being the primary OECD contributors, and Brazil, Thailand, Turkey, China, Russia, and Ukraine leading the growth among the developing countries.

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

Original content

Estimated at 14.850 million tons on average for the 2018/2020 triennium, world exports of chicken meat for the current decade (2021 to 2030) tend to evolve at the rate of 1.6% per year, which means that they should end the present decade with, approximately, 17.5 million tons, 17% more than registered at the end of the last decade. However, according to these estimates – resulting from joint work between the OECD and FAO – the exports of the 38 countries that are part of the OECD will evolve below this index, or, more precisely, 13.25%. In other words, the greatest expansion is reserved for countries considered “developing” and whose exports in the current decade may increase by 21.45%. Thus, if at the end of the last decade the participation of the two blocs in world exports was divided fifty-fifty, in 2030 they will be distributed in the proportion of 52% (for “developing countries) and 48% (for OECD members). It is worth noting that, among the members of the OECD, there are few ...

Source: Portal Do Agronegocio