ABPA: Poultry and swine production and exports are expected to increase in 2024
Chicken meat production is expected to close 2023 with an increase of up to 2.6% compared to last year, with more than 14.8 million tons. Exports are expected to overcome the barrier of 5 million tons, reaching up to 5.1 million tons - a number up to 6.8% higher than in 2022.
For 2024, a growth trend is projected in the sector, with up to a 3.7% increase in chicken meat production compared to what should be achieved in 2023, estimated at up to 15.35 million tons. Increases in exports are also expected, with the prospect of up to a 3.9% increase in relation to what is expected to be recorded in 2023, potentially reaching up to 5.3 million tons sent abroad.
The availability of products on the domestic market is also expected to register a slight increase. In 2023, up to 9.8 million tons are expected, an increase of up to 1% compared to the previous year. For 2024, there is an expectation of growth of around 3.6%, reaching just over 10 million tons available on the domestic market.
Per capita consumption of chicken meat is expected to increase: in 2023, consumption of up to 46 kilos is expected, an increase of up to 1.8% compared to 2022; and in 2024, in turn, per capita consumption is estimated at up to 47 kilos, an increase of up to 2.2% compared to 2023.
"After a challenging first half of the year, the chicken meat sector has found a greater balance between supply and demand in the second half of the year. At the same time, exports maintained high levels throughout the year, and there is a prospect of maintaining the flow in 2024, reinforcing Brazil's position and the world's confidence in the country's poultry farming capacity to support the food security of partner nations", highlighted Ricardo Santin, President of ABPA.
Pork production is expected to show growth of up to 2.3% compared to last year, with production of up to 5.1 million tons. Exports are expected to reach up to 1.22 million tons, an increase of up to 8.9% compared to 2022.
For 2024, an increase of up to 1% is projected compared to 2023, with an estimated production of up to 5.15 million tons. In exports, the increase should also be confirmed, with an increase of up to 6.6% compared to this year, with shipments of up to 1.3 million tons.
The availability of products on the domestic market is expected to remain stable in 2023 and 2024, at around 3.8 million tons. Stability in per capita consumption is also projected over the two years, with around 18 kilos per inhabitant.
"There are good prospects for an increase in exports from the opening of new markets and expansion into already consolidated destinations, also due to the slowdown in shipments from important competitors, such as the European Union and Canada. On the other hand, in the domestic market, a new level of consumption is being consolidated, around 18 kilos per inhabitant per year, well above what was seen until a few years ago", assesses the markets director, Luis Rua.
In the case of the egg sector, the country's production is expected to reach 52.55 billion units in 2023, an increase of up to 1% compared to 2022. Exports, in turn, are expected to register growth of up to 175%, with up to 26 thousand tons shipped per year.
For 2024, the trend is for further advances. Production is expected to grow up to 6.5% in relation to 2023, accounting for up to 56 billion units produced. Exports are expected to remain stable at 26 thousand tons, considering the total shipped in 2023.
Per capita consumption is expected to register a slight increase of up to 0.5% compared to last year, totaling 242 units per inhabitant. Next year, consumption is expected to grow by up to 6.5%, with up to 258 units per inhabitant.
"Remaining at levels above the global average for five years, egg consumption in 2024 is expected to approach the highest level ever recorded by the sector, indicating positive expectations regarding the presence of this protein in family consumption. In the same sense, exports follow favorable trends for the sector, with the consolidation of important markets for protein", advises the President of ABPA, Ricardo Santin.
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