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Brazil - Chicken Meat - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Feb 1, 2025

Brazil - Chicken Meat - Market Analysis, Forecast, Size, Trends and Insights

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Mar 2, 2024

Brazil's January 2024 Chicken Meat Export Revenue Sees Steep Drop to $611M

Brazil Chicken Meat Exports

In January 2024, the amount of chicken meat exported from Brazil dropped to 372K tons, reducing by -13.6% compared with the previous month. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 with an increase of 36% month-to-month. As a result, the exports attained the peak of 478K tons. From April 2023 to January 2024, the growth of the exports remained at a lower figure.

In value terms, chicken meat exports fell sharply to $611M (IndexBox estimates) in January 2024. Overall, exports continue to indicate a slight curtailment. The pace of growth appeared the most rapid in March 2023 with an increase of 34% m-o-m. As a result, the exports attained the peak of $884M. From April 2023 to January 2024, the growth of the exports remained at a somewhat lower figure.Brazil Chicken Meat Exports By Country (Million USD)

COUNTRYExport Value of Chicken Meat in Brazil (million USD)
Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023Aug 2023Sep 2023Oct 2023Nov 2023Dec 2023Jan 2024
China15612517517616115612412212391.090.511080.6
Japan86.655.289.489.690.397.687.665.750.865.261.810775.6
United Arab Emirates72.750.168.261.868.985.798.597.167.667.160.884.072.0
Saudi Arabia77.369.775.952.766.568.778.187.361.561.865.078.569.6
South Korea37.529.940.438.236.330.233.133.938.829.634.332.423.5
South Africa20.621.527.417.515.714.413.913.410.612.512.316.615.8
Philippines17.012.717.518.922.222.717.718.215.512.211.013.012.7
Others291296390307309323317304281310276297261
Total759660884762770798771741649649612739611

Exports by Country

Japan (40K tons), the United Arab Emirates (39K tons) and China (38K tons) were the main destinations of chicken meat exports from Brazil, together comprising 31% of total exports. These countries were followed by Saudi Arabia, South Africa, the Philippines and South Korea, which together accounted for a further 25%.

From January 2023 to January 2024, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Africa (with a CAGR of +0.7%), while the other leaders experienced more modest paces of growth.

In value terms, China ($81M), Japan ($76M) and the United Arab Emirates ($72M) constituted the largest markets for chicken meat exported from Brazil worldwide, together comprising 37% of total exports.

the United Arab Emirates, with a CAGR of -0.1%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Exports by Type

Frozen cuts of chicken (281K tons) was the largest type of chicken meat exported from Brazil, with a 75% share of total exports. Moreover, frozen cuts of chicken exceeded the volume of the second product type, frozen whole chickens (92K tons), threefold. The third position in this ranking was held by fresh or chilled whole chickens (22 tons), with less than 0.1% share.

From January 2023 to January 2024, the average monthly rate of growth in terms of the volume of export of frozen cuts of chicken was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: frozen whole chickens (+0.5% per month) and fresh or chilled whole chickens (+12.5% per month).

In value terms, frozen cuts of chicken ($466M) remains the largest type of chicken meat exported from Brazil, comprising 76% of total exports. The second position in the ranking was taken by frozen whole chickens ($145M), with a 24% share of total exports. It was followed by fresh or chilled whole chickens, with less than 0.1% share.

From January 2023 to January 2024, the average monthly growth rate of the export volume of frozen cuts of chicken amounted to -1.9%. With regard to the other exported products, the following average monthly rates of growth were recorded: frozen whole chickens (-1.5% per month) and fresh or chilled whole chickens (+7.7% per month).

Export Prices by Country

In January 2024, the chicken meat price amounted to $1,641 per ton (FOB, Brazil), dropping by -4.4% against the previous month. Overall, the export price continues to indicate a slight slump. The most prominent rate of growth was recorded in May 2023 an increase of 2.8% month-to-month. The export price peaked at $1,982 per ton in January 2023; however, from February 2023 to January 2024, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was China ($2,098 per ton), while the average price for exports to South Africa ($496 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (-0.1%), while the prices for the other major destinations experienced a decline.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the chicken meat 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

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, PRODUCING ANIMALS AND YIELD

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    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, 2012–2024
    23. Production, In Value Terms, 2012–2024
    24. Producing Animals Slaughtered, 2012–2024
    25. Yield, 2012–2024
    26. Imports, In Physical Terms, 2012–2024
    27. Imports, In Value Terms, 2012–2024
    28. Imports, In Physical Terms, By Country, 2024
    29. Imports, In Physical Terms, By Country, 2012–2024
    30. Imports, In Value Terms, By Country, 2012–2024
    31. Import Prices, By Country Of Origin, 2012–2024
    32. Exports, In Physical Terms, 2012–2024
    33. Exports, In Value Terms, 2012–2024
    34. Exports, In Physical Terms, By Country, 2024
    35. Exports, In Physical Terms, By Country, 2012–2024
    36. Exports, In Value Terms, By Country, 2012–2024
    37. Export Prices, By Country Of Destination, 2012–2024

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