Brazil: Poultry and Products Annual

Post forecasts production at 14.72 million tons in 2022, growing three percent due to strong external demand and increased domestic consumption, both of which reached historical records this year. Consumption for 2022 is forecast at 10.54 million tons, growing three percent. Brazil is the world’s largest exporter of chicken meat and Post forecasts a three percent increase for 2022, with total exports at 4.17 million tons. In 2021, chicken exports rose five percent. Overall, exports are expected to remain at just over a quarter of total production, with China being the top destination for Brazil’s poultry. Poultry prices were affected by the rapidly rising input costs, which increased close to 40 percent in the past 12 months.