Brazil - Chicken Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChicken Meat Price in Brazil - 2023
Contents:
- Chicken Meat Price in Brazil (FOB) - 2023
- Chicken Meat Price in Brazil (CIF) - 2023
- Chicken Meat Exports in Brazil
- Chicken Meat Imports in Brazil
Chicken Meat Price in Brazil (FOB) - 2023
The average chicken meat export price stood at $1,933 per ton in July 2023, remaining stable against the previous month. Overall, the export price saw a slight shrinkage. The growth pace was the most rapid in May 2023 when the average export price increased by 3% month-to-month. Over the period under review, the average export prices hit record highs at $2,191 per ton in July 2022; however, from August 2022 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was China ($2,447 per ton), while the average price for exports to South Africa ($539 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.
Chicken Meat Price in Brazil (CIF) - 2023
In March 2023, the average chicken meat import price amounted to $2,956 per ton, increasing by 1.5% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2022 an increase of 12% month-to-month. The import price peaked at $3,064 per ton in September 2022; however, from October 2022 to March 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Argentina.
From March 2022 to March 2023, the rate of growth in terms of prices for Argentina amounted to +0.7% per month.
Chicken Meat Exports in Brazil
In 2022, the amount of chicken meat exported from Brazil dropped modestly to 4.4M tons, with a decrease of -4.3% against the previous year's figure. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 4.6%. As a result, the exports reached the peak of 4.6M tons, and then contracted slightly in the following year.
In value terms, chicken meat exports soared to $8.7B in 2022. The total export value increased at an average annual rate of +6.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Chicken Meat in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,235 | 1,275 | 1,291 | 1,343 | 2.8% |
| United Arab Emirates | 615 | 452 | 621 | 947 | 15.5% |
| Japan | 809 | 660 | 844 | 944 | 5.3% |
| Saudi Arabia | 795 | 680 | 668 | 844 | 2.0% |
| South Korea | 220 | 197 | 207 | 407 | 22.8% |
| Singapore | 189 | 197 | 202 | 350 | 22.8% |
| Mexico | 171 | 8.6 | 162 | 334 | 25.0% |
| Philippines | 35.0 | 35.7 | 155 | 285 | 101.2% |
| Kuwait | 180 | 146 | 168 | 222 | 7.2% |
| Qatar | 116 | 100 | 138 | 209 | 21.7% |
| Chile | 81.4 | 67.8 | 163 | 200 | 34.9% |
| South Africa | 168 | 118 | 210 | 187 | 3.6% |
| Angola | 62.1 | 38.2 | 62.5 | 130 | 27.9% |
| Others | 2,523 | 2,190 | 2,607 | 2,290 | -3.2% |
| Total | 7,200 | 6,166 | 7,498 | 8,694 | 6.5% |
Top Export Markets for Chicken Meat from Brazil in 2022:
- China (539.7K tons)
- United Arab Emirates (443.0K tons)
- Japan (410.6K tons)
- Saudi Arabia (340.1K tons)
- South Africa (283.4K tons)
- Philippines (244.9K tons)
- South Korea (185.4K tons)
- Singapore (150.7K tons)
- Mexico (139.9K tons)
- Kuwait (106.2K tons)
- Qatar (106.0K tons)
- Angola (105.7K tons)
- Chile (91.8K tons)
Chicken Meat Imports in Brazil
In 2022, after three years of growth, there was significant decline in supplies from abroad of chicken meat, when their volume decreased by -8.7% to 4.8K tons. Over the period under review, imports continue to indicate a mild decline. The growth pace was the most rapid in 2020 with an increase of 2.5%.
In value terms, chicken meat imports dropped to $14M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +5.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 51%. As a result, imports reached the peak of $15M, and then fell in the following year.
| Import of Chicken Meat in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 9.8 | 7.1 | 11.3 | 11.9 | 6.7% |
| Chile | 1.5 | 1.7 | 2.8 | 1.9 | 8.2% |
| United Arab Emirates | 0.4 | 1.1 | 1.0 | N/A | 58.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 11.7 | 10.0 | 15.0 | 13.8 | 5.7% |
Top Suppliers of Chicken Meat to Brazil in 2022:
- Argentina (4.2K tons)
- Chile (0.7K tons)
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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
677
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From April 2023 to January 2024, Chicken Meat exports experienced a decline, with a notable decrease in value to $611M in January 2024.
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In February 2023, the price of chicken meat per ton on a FOB (Free on Board) basis in Brazil was $1,885, a decrease of -4.9% compared to the previous month.
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