Brazilian Chicken Meat Exports to Iraq Double

São Paulo – Brazilian chicken meat exports to Iraq have seen a remarkable increase, doubling in July compared to the same period last year. According to the latest data released by the Brazilian Meat Exporters Association (ABPA), Iraq imported 15,300 tonnes of Brazilian chicken meat in July 2024, marking an extraordinary 118.6% increase from July 2023. This surge underscores the growing appetite for Brazilian poultry in the region and highlights a significant shift in global trade dynamics.

This dramatic rise in exports to Iraq reflects broader trends in the international poultry market and Brazil’s strengthened position as a leading exporter of chicken meat. Iraq’s increasing demand for Brazilian chicken meat is indicative of the broader Middle Eastern market’s appetite for high-quality poultry products, which Brazil is well-positioned to supply.

Top Export Destinations for Brazilian Chicken Meat

The notable growth in exports to Iraq comes amidst varied trends in other major markets for Brazilian chicken meat. The United Arab Emirates (UAE), which has consistently been a key destination for Brazilian poultry, imported 38,700 tonnes in July. However, this figure represents a 16.6% decline from the same period last year. Despite this drop, the UAE remains a significant market due to its large and diverse consumer base.

Saudi Arabia, another important market for Brazilian chicken meat, imported 26,200 tonnes in July 2024. This represents a 19.3% increase compared to the previous year, highlighting a robust demand for Brazilian poultry in the Saudi market. Saudi Arabia’s consistent demand reflects its growing population and rising standards of living, which drive higher consumption of quality meat products.

The top ten buyers of Brazilian chicken meat, in addition to Iraq, include:

1. China: As the world’s largest importer of poultry, China continues to be a major destination for Brazilian chicken meat. The country’s vast population and increasing middle-class affluence drive substantial demand for poultry products.
2. Japan: Japan’s high standards for food safety and quality make it a significant market for Brazilian poultry. The country’s preference for premium, high-quality meat products aligns well with Brazil’s poultry offerings.
3. UAE: Despite the recent decline, the UAE remains a crucial market for Brazilian chicken meat due to its strategic location and substantial import needs.
4. South Africa: South Africa’s growing consumer market and increasing demand for affordable protein sources contribute to its status as a key buyer of Brazilian chicken meat.
5. Saudi Arabia: As noted, Saudi Arabia’s increasing import volumes reflect its expanding market for poultry.
6. Mexico: Mexico’s proximity and trade agreements with Brazil facilitate substantial poultry exports.
7. Philippines: The Philippines’ growing population and rising incomes contribute to its increasing imports of Brazilian chicken meat.
8. European Union: The EU’s diverse and sizable market provides ample opportunities for Brazilian poultry exports.
9. Iraq: As highlighted, Iraq’s significant increase in imports represents a growing market for Brazilian chicken.
10. South Korea: South Korea’s sophisticated food market and high consumption rates make it a valuable destination for Brazilian poultry products.

July Exports and Financial Performance

ABPA’s data reveals that total exports of Brazilian chicken meat in July 2024 reached 463,300 tonnes, marking a 7.3% increase compared to July 2023. This growth reflects Brazil’s robust poultry production capabilities and the global demand for its high-quality chicken meat. The revenue generated from these exports grew by 3.6%, reaching USD 889.2 million. This revenue growth, despite the challenges faced earlier in the year, underscores the resilience and competitiveness of Brazil’s poultry industry.

However, the year-to-date figures show a different trend. Total exports for the year so far have amounted to USD 5.52 billion, representing an 8.33% decrease compared to the same period in 2023. This decline reflects various challenges faced by the industry, including market fluctuations, supply chain disruptions, and competitive pressures.

ABAP’s Insights and Market Dynamics

ABPA President Ricardo Santin attributed the strong performance in July to the effective resolution of market bans that had previously impacted Brazil’s poultry exports. These bans were imposed earlier in the year due to a Newcastle disease outbreak detected in Rio Grande do Sul, Brazil’s southernmost state. The swift lifting of these bans, facilitated by Brazil’s Ministry of Agriculture, has played a crucial role in restoring export levels.

Santin expressed optimism about the future of Brazilian poultry exports, noting that the high international demand for poultry products is expected to continue. The effective management of disease outbreaks and the lifting of trade restrictions have contributed to a more favorable export environment. Santin’s positive outlook is based on the expectation that the global demand for poultry will remain strong, driven by factors such as population growth, rising incomes, and changing dietary preferences.

Competitive Landscape and Future Prospects

Luís Rua, ABPA’s markets director, highlighted the favorable international landscape for Brazilian chicken meat exports. He pointed out that Brazil’s main competitor, the United States, is currently facing a notable reduction in its poultry export volumes. This reduction provides Brazil with an opportunity to capture a larger share of the global market.

The international demand for Brazilian chicken meat is expected to continue growing, driven by Brazil’s competitive pricing, high-quality standards, and ability to meet rigorous international requirements. Brazil’s strategic positioning, coupled with its strong production capabilities, ensures that it remains a key player in the global poultry market.

The doubling of Brazilian chicken meat exports to Iraq in July 2024 is a clear indicator of the growing international demand for Brazilian poultry. This increase reflects broader trends in global trade and highlights Brazil’s role as a leading exporter of chicken meat. Despite challenges earlier in the year, Brazil’s poultry industry has demonstrated resilience and adaptability, positioning itself well for continued success in the global market.

As Brazil navigates the complexities of international trade and market dynamics, its poultry industry remains a vital contributor to the global food supply. With a diverse range of export markets and a strong competitive position, Brazil is well-equipped to capitalize on emerging opportunities and maintain its status as a leading supplier of high-quality chicken meat.