By Garra - 24/06/2022 in Chicken

Brazilian poultry exports hit revenue record in May

Brazil’s revenue from poultry exports in May reached a monthly record of USD 904.6 million, 37.8% higher than the previous year, according to the Brazilian Association of Animal Protein (ABPA).

The country shipped 429,600 tons in the period, 3.7% more than in May 2021.

“The global inflationary scenario, with rising production costs, and the strong demand for chicken meat in the international market boosted the average price to levels above USD 2,000 per ton,” said ABPA Chief Executive Ricardo Santin.

May’s export revenues surpassed the previous monthly record of USD 821.07 million set in April.

Among the main destinations for Brazilian exports, ABPA highlighted China as the main buyer of Brazilian poultry in May, importing 50,200 tons.

The United Arab Emirates bought 73.2% more poultry than in the previous year, reaching 44,800 tons, while Japan purchased 33,100 tons, up 3.2%.

The imports from the European Union grew 80.7% last month, to 26,300 tons. The numbers were affected by the lower supply from Ukraine, currently affected by the conflict with Russia.

According to Luis Rua, ABPA Markets Director, Brazil has been increasing the capillarity of its shipments, while also reinforcing its position in historical markets.

“There are still good expectations on the months to come about the exports to Mexico”, he said.

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