Poultry trends in Italy

Published 2024년 5월 8일

Tridge summary

In 2023, European poultry meat production rose, marking a 24% increase over a decade with a self-sufficiency rate of 108%. Despite a setback in 2022 due to avian influenza, Italy's production increased by 9.9% in 2023. However, average prices for live chickens fell by 12% due to high production costs. The trade balance for the sector was positive again in 2023, with a surplus of €172 million. Domestic purchases of poultry meat decreased in the first quarter of 2024, leading to a drop in household spending. High production costs are expected to continue, but careful planning can help the industry recover.

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

Original content

Global and European contextThe European production of poultry meat, after the constant growth in the decade 2010-2020 and the retreat in the years 2021 and 2022, increases again in 2023. Approximately 11.4 million tonnes European production in 2023 with a degree of self-sufficiency of 108% that thus allowing you to confirm your position as exporter net. In 10 years the production is grew by 24%. Production situation in Italy Poultry meat production in 2023, after 2022 exceptionally negative about problems linked to avian influenza, returns to align with levels previous years, with an increase of 9.9% compared to the previous year in which it had lost 12%. They get smaller meat imports (-22%) e exports start to increase again (+29%). They improve by consequence is the balance of the scale commercial that the self-sufficiency rate that passes from 102 to 106%. Price trendIn 2023 the average annual prices for live chickens have recorded a 12% loss compared to the year 2022, when ...

Source: ITIsmea