Brazil - Chicken Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChicken Meat in Brazil Decreases to $1,885/Ton After 4 Months of Decline
Brazil Chicken Meat Export Price in February 2023
In February 2023, the chicken meat price amounted to $1,885 per ton (FOB, Brazil), falling by -4.9% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2022 an increase of 7% m-o-m. Over the period under review, the average export prices reached the maximum at $2,191 per ton in July 2022; however, from August 2022 to February 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($2,426 per ton), while the average price for exports to South Africa ($669 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Brazil Chicken Meat Export Prices by Type
There were significant differences in the average prices for the major types of exported product. In February 2023, the product with the highest price was fresh or chilled whole chickens ($3,761 per ton), while the average price for exports of fresh or chilled cuts of chicken ($1,583 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for the following types: fresh whole chicken (+3.6%), while the prices for the other products experienced more modest paces of growth.
Brazil Chicken Meat Exports
In February 2023, shipments abroad of chicken meat decreased by -8.6% to 350K tons for the first time since November 2022, thus ending a two-month rising trend. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in March 2022 when exports increased by 12% m-o-m. The exports peaked at 413K tons in April 2022; however, from May 2022 to February 2023, the exports failed to regain momentum.
In value terms, chicken meat exports reduced to $660M (IndexBox estimates) in February 2023. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2022 with an increase of 18% m-o-m. Over the period under review, the exports attained the maximum at 852K tons in June 2022; however, from July 2022 to February 2023, the exports failed to regain momentum.
Brazil Chicken Meat Exports by Type
Frozen cuts of chicken (269K tons) was the largest type of chicken meat exported from Brazil, with a 77% share of total exports. Moreover, frozen cuts of chicken exceeded the volume of the second product type, frozen whole chickens (81K tons), threefold. The third position in this ranking was taken by fresh or chilled cuts of chicken (85 tons), with less than 0.1% share.
From February 2022 to February 2023, 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 (-1.8% per month) and fresh or chilled cuts of chicken (+9.5% per month).
In value terms, frozen cuts of chicken ($498M) remains the largest type of chicken meat exported from Brazil, comprising 75% of total exports. The second position in the ranking was taken by frozen whole chickens ($162M), with a 24% share of total exports. It was followed by fresh or chilled cuts of chicken, with less than 0.1% share.
From February 2022 to February 2023, the average monthly rate of growth in terms of the export volume 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 (-0.4% per month) and fresh or chilled cuts of chicken (+10.9% per month).
Brazil Chicken Meat Exports by Country
China (51K tons), South Africa (32K tons) and Saudi Arabia (30K tons) were the main destinations of chicken meat exports from Brazil, together comprising 32% of total exports. These countries were followed by the United Arab Emirates, Japan, Mexico, South Korea, Iraq, the Philippines, Singapore, Yemen, Kuwait and Oman, which together accounted for a further 40%.
From February 2022 to February 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iraq (with a CAGR of +17.1%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for chicken meat exported from Brazil were China ($125M), Saudi Arabia ($70M) and Japan ($55M), together comprising 38% of total exports. the United Arab Emirates, Mexico, South Korea, Iraq, Singapore, South Africa, Yemen, Kuwait, the Philippines and Oman lagged somewhat behind, together accounting for a further 37%.
Among the main countries of destination, Iraq, with a CAGR of +17.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Producing Animals Slaughtered, 2012–2024
- Yield, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
