Overview of the chicken meat market in Brazil and in the world

Published 2023년 1월 3일

Tridge summary

The USDA anticipates a 4% growth in Brazilian chicken meat exports in 2023, driven by increased demand in key markets like China and the European Union. This growth is partly due to production issues in the countries of main competitors, such as avian flu outbreaks in North America and Europe, and the war in Ukraine affecting the European Union's energy costs and production. Despite a minimal increase in the European Union's chicken meat production expected for 2023, consumption is projected to rise by around 4%. Brazil's growth in the international market is attributed to investments in poultry research, genetics, and technology, making the sector more competitive.

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

Original content

By Dr. Maria Flávia de Figueiredo Tavares1 Brazilian chicken meat exports are expected to grow by around 4% in 2023 according to the USDA (2022), due to growing demand in major markets such as China and the European Union, according to world data on export and consumption of chicken meat, shown in the figure below. Another factor that is influencing the increase in Brazilian exports are the problems in the production of our main competitors, such as outbreaks of avian flu in North America and Europe, and the war in Ukraine that is impacting energy costs in the European Union and causing interruptions in the production of Ukraine. The following figures show that the estimated 2023 production of chicken meat from the European Union, for example, will be only 1% higher compared to 2021, but European consumption will increase by about 4% compared to 2021. In Brazil, investment in research in genetics and technology in ...

Source: Avicultura Industrial