Brazil - Poultry - Market Analysis, Forecast, Size, Trends and Insights
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Brazil - Poultry - Market Analysis, Forecast, Size, Trends and Insights

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Nov 7, 2023

Brazil's Poultry Export Plummets to $663M in September 2023

Brazil Poultry Exports

In September 2023, poultry exports from Brazil dropped to 373K tons, with a decrease of -10.3% on the previous month's figure. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 with an increase of 37% month-to-month. As a result, the exports attained the peak of 484K tons. From April 2023 to September 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, poultry exports contracted to $663M (IndexBox estimates) in September 2023. Over the period under review, exports recorded a mild shrinkage. The most prominent rate of growth was recorded in March 2023 when exports increased by 35% month-to-month. As a result, the exports attained the peak of $901M. From April 2023 to September 2023, the growth of the exports remained at a somewhat lower figure.Brazil Poultry Exports By Country (Million USD)

COUNTRYExport Value of Poultry in Brazil (million USD)
Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023Aug 2023Sep 2023
China116119114124156125175176161156124122123
United Arab Emirates64.362.973.672.273.050.368.662.269.086.099.197.568.1
Saudi Arabia74.962.861.862.777.669.976.653.066.969.078.387.761.5
Japan88.993.670.882.886.855.289.889.890.597.888.266.250.8
Singapore41.132.729.923.022.321.927.734.529.628.821.218.420.1
Philippines29.332.518.214.817.012.717.518.922.322.717.918.215.5
South Africa11.511.120.320.822.623.328.919.217.515.415.315.112.3
Others328336329309319309417318326357343329312
Total754751718709774667901772783833787754663

Exports by Country

China (57K tons), the United Arab Emirates (35K tons) and Saudi Arabia (28K tons) were the main destinations of poultry exports from Brazil, together accounting for 32% of total exports.

From September 2022 to September 2023, the biggest increases were in China (with a CAGR of +2.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for poultry exported from Brazil were China ($123M), the United Arab Emirates ($68M) and Saudi Arabia ($62M), together comprising 38% of total exports. Japan, Singapore, the Philippines and South Africa lagged somewhat behind, together comprising a further 15%.

South Africa, with a CAGR of +0.5%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Exports by Type

Chicken meat (368K tons) was the largest type of poultry exported from Brazil, accounting for a 98% share of total exports. It was followed by turkey meat (5.4K tons), with a 1.5% share of total exports.

From September 2022 to September 2023, the average monthly rate of growth in terms of the volume of export of chicken meat was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: turkey meat (-0.1% per month) and duck and goose meat (-0.3% per month).

In value terms, chicken meat ($649M) remains the largest type of poultry exported from Brazil, comprising 98% of total exports. The second position in the ranking was held by turkey meat ($13M), with a 2% share of total exports.

From September 2022 to September 2023, the average monthly growth rate of the export volume of chicken meat amounted to -1.1%. With regard to the other exported products, the following average monthly rates of growth were recorded: turkey meat (-1.4% per month) and duck and goose meat (-2.7% per month).

Export Prices by Country

In September 2023, the poultry price stood at $1,776 per ton (FOB, Brazil), reducing by -2% against the previous month. Overall, the export price showed a mild curtailment. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 3.2% month-to-month. Over the period under review, the average export prices hit record highs at $2,071 per ton in November 2022; however, from December 2022 to September 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Mexico ($2,267 per ton), while the average price for exports to South Africa ($563 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+0.0%), 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 poultry 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
  • FCL 1069 - Duck meat
  • FCL 1073 - Goose meat
  • FCL 1074 - Offals and liver of geese
  • FCL 1075 - Offals and liver of ducks
  • FCL 1080 - Turkey meat
  • FCL 1081 - Offals and liver of turkey

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 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    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 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    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, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Producing Animals Slaughtered, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023

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