Only two of Brazil’s top broiler export markets saw an increase of shipments from January to June of 2017 when compared to the first six months of the previous year.
According to a report on the WATTAgNet Market Data section, Brazil’s top export markets are China, the European Union (EU), Hong Kong, Japan, Saudi Arabia, South Africa and the United Arab Emirates (UAE). Of those, Hong Kong and South Africa were the only ones to see an increase. The report was based on Data from the U.S. Department of Agriculture’s Foreign Agricultural Service (FAS) Global Agricultural Information Network’s 2017 Brazil Poultry and Products annual report.
Increased exports to South Africa, Hong Kong
South African shipments increased the most. In the first half of 2017, with 151,952 metric tons of poultry products were received, compared to the 123,119 metric tons of product in the first six months of 2016. That accounts for a 23.4 percent increase.
Shipments to Hong Kong increased 3.88 percent during that time frame. For the first half of 2017 were 129,006 metric tons, compared to 124,179 metric tons for the first half of 2016.
Decreases in exports
Saudi Arabia, which has been the biggest importer of Brazilian poultry products, reduced its imports from 379, 765 metric tons for the first half of 2016 to 320,589 for the same period of 2017, a decline of nearly 16 percent.
China, the second largest importer of Brazilian poultry, saw the largest decrease. The country decreased its shipments by 23.6 percent, going from 255,719 metric tons for the first six months of 2016 to 195,281 metric tons for the first half of 2017.
During the same time periods, EU shipments declined 14.7 percent, UAE shipment EU shipments dropped nearly 9 percent, while Japan’s imports of Brazilian poultry about 4 percent on an annual basis.
Although exports to some major importers decreased in the first half of 2017, the country’s exports for all of 2017 were projected to increase, largely due to demand from developing Asian countries with changing diets.
The WATTAgNet poultry market data page includes charts that are created to help you monitor the ever-changing agribusiness industry by providing a view of the latest poultry industry statistics.
