Two countries may account for 80 percent of the world's chicken exports

Published 2023년 11월 17일

Tridge summary

According to the USDA, global chicken exports are expected to increase by almost 3% next year, with Brazil projected to account for 36% of exports and the United States for 25%. While some countries experienced a decrease in chicken production, Russia, China, and Thailand saw increases in exports. However, Brazil's projected growth in chicken production over the next five years is expected to increase its share of global exports by nearly 20% compared to pre-pandemic levels.

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

Original content

China is also strengthening, but it is not in line with Brazil or the USA either. According to the United States Department of Agriculture (USDA), global chicken exports are expected to reach 14 million tons next year, an increase of almost 3% compared to this year's exports. In this scenario, Brazil is projected to account for 36% of global exports and the United States (the world's second largest chicken producer) for 25%. The USDA reports that since 2019, the year before the outbreak, chicken exports have increased by only 7%. In the comparison involving 11 countries, at least four of them experienced a decrease: in the United Kingdom, production fell by 44%, in Argentina by 40%, in the European Union by 20%, and in Belarus by about 14%. In contrast, Russia increased its exports by 30%, China by 24%, and Thailand by 16%, the same as Turkey. However, even the extra volume from these ...

Source: Agraragazat