Chicken meat exports to rise by 2.5% in 2022
The 13 million tons mark will be surpassed this year, according to the latest forecasts by the US Department of Agriculture (USDA).
Demand for poultry, especially chicken meat will increase this year. According to the latest forecasts by the US Department of Agriculture (USDA), world chicken exports for next year are expected to increase by 2.5%, surpassing the 13 million tons mark. For 2021 the estimate suggests a global volume of 12.9 million tons.
For USDA, the moderate growth in most of the major markets will allow more significant expansion rates among large exporters. Brazil will be responsible for more than a third of the estimated increase. The growing demand from the European Union, the United Kingdom, East Asia and the Middle East should contribute to Brazilian exports expansion. In addition, a 1% decline in North American exports is already projected. Demand from Japan and China should also favor the expansion of Thailand’s exports, experts are predicting.
Read also
Moldova reports record rapeseed exports to the EU market
Ukraine surpassed last year’s corn export rate for the first time this season
Trump’s duties opened the US market to Russian fertilizers
Sunseed prices in Ukraine decreased by $13/t
Euronext will introduce a two-hour evening trading session for futures contracts o...
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon