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Brazil - Poultry - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Apr 25, 2024

Brazil's Poultry Export Soars to a Record $9B in 2023 With a 1% Increase

Brazil Poultry Exports

In 2023, the amount of poultry exported from Brazil expanded rapidly to 4.8M tons, increasing by 8.3% against the previous year's figure. The total export volume increased at an average annual rate of +2.8% from 2013 to 2023; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of 15%. The exports peaked in 2023 and are likely to see steady growth in the immediate term.

In value terms, poultry exports reached $9B (IndexBox estimates) in 2023. The total export value increased at an average annual rate of +2.2% from 2013 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 22% against the previous year. Over the period under review, the exports attained the peak figure in 2023 and are likely to see gradual growth in the immediate term. Brazil Poultry Exports By Country (Million USD)

COUNTRY	Export Value of Poultry in Brazil (million USD)
COUNTRY	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
China	440	519	607	859	761	799	1,238	1,269	1,273	1,343	1,609
Japan	975	1,077	838	720	909	708	811	658	831	945	949
United Arab Emirates	517	506	511	480	521	500	569	425	694	950	887
Saudi Arabia	1,405	1,217	1,359	1,161	1,012	806	798	688	652	847	847
Mexico	0.8	36.6	53.7	111	196	198	171	9.1	169	398	426
South Korea	137	137	181	170	168	194	221	196	204	407	415
Iraq	145	107	81.9	104	190	155	183	109	78.7	125	299
Singapore	183	193	162	185	168	173	190	196	198	351	295
Hong Kong	491	458	294	360	394	335	288	237	179	114	98.0
Others	2,900	2,793	2,287	1,977	2,259	2,127	2,816	2,455	3,326	3,407	3,147
Total	7,193	7,042	6,376	6,128	6,578	5,997	7,286	6,243	7,606	8,888	8,971

Exports by Country

China (682K tons), the United Arab Emirates (440K tons) and Japan (428K tons) were the main destinations of poultry exports from Brazil, with a combined 32% share of total exports. Saudi Arabia, South Korea, Mexico, Iraq, Singapore and Hong Kong lagged somewhat behind, together accounting for a further 23%.

From 2013 to 2023, the biggest increases were recorded for Mexico (with a CAGR of +89.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for poultry exported from Brazil were China ($1.6B), Japan ($949M) and the United Arab Emirates ($887M), together accounting for 38% of total exports. Saudi Arabia, Mexico, South Korea, Iraq, Singapore and Hong Kong lagged somewhat behind, together accounting for a further 27%.

Mexico, with a CAGR of +86.4%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Exports by Type

Chicken meat (4.7M tons) was the largest type of poultry exported from Brazil, accounting for a 99% share of total exports. It was followed by turkey meat (62K tons), with a 1.3% share of total exports.

From 2013 to 2023, the average annual growth rate of the volume of chicken meat exports totaled +2.9%. With regard to the other exported products, the following average annual rates of growth were recorded: turkey meat (-3.9% per year) and duck and goose meat (+7.9% per year).

In value terms, chicken meat ($8.8B) remains the largest type of poultry exported from Brazil, comprising 98% of total exports. The second position in the ranking was held by turkey meat ($166M), with a 1.9% share of total exports.

From 2013 to 2023, the average annual rate of growth in terms of the value of chicken meat exports stood at +2.3%. With regard to the other exported products, the following average annual rates of growth were recorded: turkey meat (-1.4% per year) and duck and goose meat (+8.4% per year).

Export Prices by Country

In 2023, the poultry price amounted to $1,870 per ton (FOB, Brazil), waning by -6.8% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 an increase of 21% against the previous year. As a result, the export price attained the peak level of $2,007 per ton, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($2,358 per ton), while the average price for exports to South Africa ($611 per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the poultry market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 1058 - Chicken meat
FCL 1059 - Offals and liver of chickens
FCL 1069 - Duck meat
FCL 1073 - Goose meat
FCL 1074 - Offals and liver of geese
FCL 1075 - Offals and liver of ducks
FCL 1080 - Turkey meat
FCL 1081 - Offals and liver of turkey

Country coverage:

Brazil

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Brazil
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023

Brazil - Poultry - Market Analysis, Forecast, Size, Trends and Insights

Brazil's Poultry Export Soars to a Record $9B in 2023 With a 1% Increase

Brazil Poultry Exports

Exports by Country

Exports by Type

Export Prices by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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