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Tuesday, October 8, 2024

Brazil information double-digit bounce in September hen meat exports


At 485,000 metric tons (mt), September hen meat exports by Brazil had been the second highest on report.

The nation’s highest ever month-to-month shipments had been in March of final yr, after they amounted to 514,600mt, in accordance with the Brazilian Affiliation of Animal Protein, ABPA. Figures cowl all hen meat, each contemporary and processed.

Not solely did the September whole symbolize a year-on-year enhance of twenty-two.1%, it additionally helped to push the year-to-date determine into constructive territory.

For the primary 9 months of 2024, Brazil exported shut to three.92 million metric tons (mmt) of hen meat. This whole is a 0.6% enchancment on the state of affairs on the similar time final yr when it was simply over 3.89mmt.

“The robust enhance recorded in September reversed the efficiency recorded all year long, which is now constructive, and signifies that it’ll proceed to be so till December,” stated ABPA president Ricardo Santin.

In addition to the upper traded quantity for the month, ABPA additionally stories a rise within the common promoting worth (in U.S. {dollars}).

Taken collectively, these developments mixed to offer a near-33% year-on-year rise in hen meat export income to nearly US$954 million. This determine additionally represents the second highest month-to-month income on report for the Brazilian hen trade.

For the yr to the top of September, whole income for the commerce was greater than US$7.27 billion. That is 4% beneath the near-US$7.58 billion achieved on the similar level in 2023. 

China imported much less Brazilian hen

Whereas nearly all of main locations for Brazilian hen took larger volumes in September than in the identical month of 2023, China was an exception.

Persevering with to take essentially the most shipments — 55,100mt — final month, the quantity was down 3.4% compared with September of final yr. Nonetheless, Santin highlighted that this quantity represented a return to Chinese language shipments of greater than 50,000mt in a month.

Different necessary locations for Brazilian hen final month had been the United Arab Emirates (41,400mt), Japan (36,500mt), Saudi Arabia (29,900mt), South Africa (28,400mt), Mexico (23,800mt), the European Union (23,700mt), Ghana (16,100mt), the Philippines (15,900mt), and Kuwait (13,100mt).

Of those locations, solely the commerce with the Philippines was decrease than in the identical month of final yr — by 4.3%. Every of the opposite markets elevated volumes imported from Brazil by between 5.9% (by Saudi Arabia) and nearly 200% (by Ghana). 

Brazil expands poultry genetics shipments

Not solely is Brazil turning into ever extra profitable by way of hen meat exports, ABPA stories that the nation additionally generated extra income from shipments of day-old chicks and hatching eggs throughout the month of August.

In that interval, income was up greater than 12% year-on-year at US$17.6 million. This occurred regardless of a 7% dip in month-to-month cargo quantity to 1,492mt.

For the yr to the top of August, the nation’s poultry genetics exports had been 5.7% larger than on the similar level in 2023 at 18,283mt. Nonetheless, income from this commerce was 6.7% decrease than final yr at US$151.3 million.

Throughout the newest month, Venezuela was the main vacation spot for Brazil’s exports, taking 467mt. That is greater than 4 occasions its shipments in the course of the similar month of 2023, which Santin stated displays a interval of enlargement within the Venezuelan poultry trade. 

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