Brazil: Understand why exports of chicken meat and eggs double in October

Published Nov 12, 2024

Tridge summary

Brazilian chicken meat and egg exports saw record growth in October, with chicken meat exports increasing by 15.4% to 463.5 thousand tons and egg exports doubling compared to the same period in 2023. The growth is attributed to competitive pricing and Brazil's disease-free status. However, there was a 4.4% drop in chicken meat exports compared to September. Domestic demand also played a role in the price increase. Meanwhile, egg exports were driven by a threefold increase in industrialized products and an 11% increase in fresh eggs. Chile was the main recipient of Brazilian protein products in October.

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

Original content

Brazilian chicken meat exports broke records in terms of volume shipped and revenue in October this year compared to the same period last year, according to the most recent survey by the Center for Advanced Studies in Applied Economics (Cepea) at the University of São Paulo (USP) campus in Piracicaba (SP), based on data from the Secretariat of Foreign Trade (Secex). Egg shipments also doubled in October, posting the best performance since August 2023. - See details below. 🐔Chicken meat: 463.5 thousand tons of fresh and processed products were shipped in October this year. An increase of 15.4% compared to the volume of chicken meat exported in the same month in 2023. From January to October, the volume shipped totaled 4.38 million tons, an increase of 2% compared to the same period in 2023. 🐤No diseases and competitive prices: According to the October report of this year from the United States Department of Agriculture (USDA) on the sector, the increase in chicken meat exports can ...

Source: G1globo