Brazil chicken exports grow 10% in February

According to the Brazilian Animal Protein Association (ABPA), Brazilian chicken exports (both fresh and processed) totaled 348,400 tons in February. This is 10% higher than shipments made in the same month last year, when 316,700 tons were exported. Revenues generated from the exports reached US$ 553.8 million, 5.2% higher year-on-year.

China received 17.5% of total Brazilian chicken exports in the first two months of this year, equating to 115,400 tons.  This is 59% higher than the first two months of 2019.  “As with pork exports, the extension of the Chinese New Year and the logistical issues caused by the coronavirus did not reduce Chinese demand for chicken from Brazil. On the contrary, there was an unusual boost during this period. The impact of African Swine Fever continues to dictate the behavior of this market, as well as other Asian countries ”, said Francisco Turra, president of ABPA.

Elsewhere in Asia, South Korea imported 17,500 tons from Brazil in the first two months of this year – 12.5% more year-on-year. The Philippines imported 14,700 tons (up 104%), and  Singapore 18,300 tons (up 49%) between January and February.

“Asia has consolidated itself as the main export destination for Brazilian chicken. This is good news, especially when considering that average prices in Asia are higher than the general global average,” points out Ricardo Santin, executive director of ABPA.

The European Union increased its imports of Brazilian chicken by 14% to 40,200 tons. Among the Islamic countries, the main highlight was Libya, with an increase of 370%, to 16,300 tons.

The following graph uses Datamar data to show Brazilian chicken exports to China, the European Union and the United Arab Emirates between January 2015 and January 2020:

Chart source: DataLiner

 

Sharing is caring!