Brazil

Brazilian chicken meat exports up 42% in value

Poultry

The international market for poultry products has faced strong pressure from high input costs, which is reflected in higher prices.

Posted on Feb 21 ,08:25

Poultry exports from Brazil started high this year, both in volume and value. According to data released by the Brazilian Association of Animal Protein (ABPA), poultry exports for January totaled 349,100 tonnes, up by 19.7% compared to the shipments carried out in the same period last year. In terms of value, exports have reached $ 616.9 million (+42%), a situation that reflects the increase in prices in the global market.
"The rise in protein prices is a global phenomenon. The average price of Brazilian exports this month was 18.6% higher, which helped to reduce the strong pressure generated by the costs of corn and soybeans, in addition to other inputs that made the Brazilian market more expensive. The positive point is that, despite the higher price, Brazilian chicken meat is still in strong demand thanks to attributes such as the quality of the products and the fact that Brazil is the only major free exporter of Avian Influenza," confirmed Ricardo Santin, ABPA's president.
China, the biggest importer of chicken meat from Brazil, increased its purchases by 4.6%, with 48,300 tonnes in January. It is followed by the United Arab Emirates with 42,800 tonnes (+96.6%) and the EU with 18,100 tonnes (+53.5%). Noteworthy destinations for Brazilian chicken meat are the Philippines, with 11,400 tonnes (+339.4%), South Korea, with 10,000 tonnes (+94%) and Russia, with 9,200 tonnes (100%).
"The health issue is also dictating the behavior of the international market for Brazil. Countries in Europe, Asia and Africa have been facing outbreaks of the disease and there is a critical situation installed, especially in European Union nations. In this context, the fact that we have never registered Avian Influenza in the country has been a competitive differentiator, reinforcing Brazil's position as a safe harbor for the world demand for chicken meat," commented Luis Rua, ABPA's Director of Markets. 

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