Thanks to Middle East Brazil Chicken Exports Bring 16% Revenue Boost

Brazilian chicken The Middle East, in 2009, once again was the main buyer market worldwide for Brazilian chicken. In total, 1.4 million tons were shipped to the region last year, representing growth of 22.7% compared with 2008. Revenues from exports totaled US$ 1.9 billion, growth of 0.5%. The figures were disclosed by the Brazilian Poultry Exporters Association (Abef).

Overall, foreign sales of chicken recorded a decline in 2009, in both volume and revenues. The only regions to which there was an increase were the Middle East and Africa. To the African continent, shipments totaled 422,000 tons last year, an increase of 22.2% over 2008. Revenues totaled US$ 439 million, growth of 13%.

There was a reduction in exports to Asia, which is the second main destination, to the European Union, which is the third, and to the Americas, which are the fifth largest market, after Africa, which is the fourth.

Overall sales generated revenues of US$ 5.8 billion in 2009, growth of 16.33% in comparison with 2008. Shipments totaled 3.63 million tons, representing a reduction of 0.3%.

According to a press release issued by the Abef, sales declined due to the retraction of international economy, prompted by the financial crisis.

Aside from the reduction in product pricing, there was a decrease in orders placed by markets considered important, such as Russia, Japan and Venezuela.

The association also explains that the appreciation of the real (Brazilian currency) against the dollar over the course of last year was detrimental to exports, as it took away competitiveness from Brazilian chicken, price-wise, and reduced companies’ profitability.

Anba

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