The producer price of broiler chicken fell by nearly 20 percent in the EU

Published 2024년 4월 9일

Tridge summary

In 2023, the European Union (EU27) saw a 3% decline in poultry meat exports, totaling 2 million tons, with notable decreases in exports to Ukraine, Congo, Saudi Arabia, and Ghana, while maintaining stable exports to the UK. On the other hand, poultry meat imports into the EU increased by 5%, reaching 894,000 tons, mainly from Brazil and Ukraine, with chicken exports up by 2% and turkey exports by 39%. Hungary experienced a significant 29% drop in poultry meat imports, particularly in chicken meat, though turkey meat imports rose. Additionally, Hungary's live weight producer prices for slaughter chickens and turkeys saw a substantial decrease in the first thirteen weeks of 2024 compared to the previous year.

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

Original content

According to data from the European Commission, poultry meat exports from the Union (EU27) decreased by 3 percent to 2 million tons in 2023 compared to 2022. Exports of EU poultry meat to Ukraine (-20 percent), Congo (-19 percent), Saudi Arabia (-11 percent) and Ghana (-5 percent) fell, while exports to the United Kingdom did not change significantly. (Photo: Pixabay) The community's poultry meat imports rose by 5 percent to 894,000 tons at the same time. More than half of the imports came from Brazil and Ukraine. Within this, the export of chicken increased by 2 percent to 12,000 tons, and that of turkey increased by 39 percent to 2,000 tons. Hungary's poultry meat imports decreased by 29 percent to 6,000 tons in the observed period. Within this, the delivery of chicken meat fell by 33 percent to 4,000 tons, while that of turkey meat increased by 52 percent to 426 tons. According to AKI PÁIR data, the live weight producer price of slaughter chickens in Hungary decreased by 19.9 ...

Source: Trademagazin