USDA: Brazil's leadership in global chicken meat exports expands during the five-year pandemic

Published 2024년 1월 26일

Tridge summary

Global chicken meat exports are projected to rise by 6% to 13.9 million tons in 2024, according to USDA projections. Brazil is expected to lead this growth with a 27% increase, reaching nearly 5 million tons. China's exports are also expected to grow significantly by 40%, albeit from a smaller base. Thai exports are predicted to grow at a similar rate to Brazil's, while the USA's exports are expected to remain stable. However, the European Union and other exporters are expected to see a decrease in exports, with the EU facing a reduction of over 15%.

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

Original content

Compared to 2020 (the most challenging year in the modern world), global chicken meat exports should – according to USDA projections – reach 13.9 million tons in 2024, increasing by just over 6%. In this context, the forecast for Brazil is a volume very close to 5 million tons (a result that – let it be clear from now on – does not include exports of chicken feet/paws), which means an increase of 27% – average of just over 6% per year. In other words: the Brazilian annual increase is the same as that accumulated worldwide over the five-year period. Only China's is above Brazilian growth: more than 40% in the period, close to 10% per year. But the Chinese additional in this five-year period (around 160 thousand tons more) corresponds to only 15% of the Brazilian additional, whose exports should increase from 3.875 million tons (2020) to 4.925 million tons this year (additional 1.050 million tons ). A similar situation must be experienced by Thai exports: they grow at a level not ...

Source: Portal Do Agronegocio