São Paulo – The Middle East remains the leading target market for Brazilian poultry. Exports to the region have increased in both volume and revenues in the first half this year. A total of 735,100 tonnes were shipped, a 9.6% increase from the first half of 2012, and revenues amounted to nearly US$ 1.6 billion, up 30.4%, according to figures released this Monday (15th) by the Brazilian Poultry Union (Ubabef).
Overall, however, poultry exports from Brazil behaved differently. Revenues increased but the export volume declined. Total export revenues stood at US$ 4.1 billion in the first half, up 7.2% from the same period in 2012. Exports amounted to 1.89 million tonnes, down 4.9%.
Growing revenues and diminishing shipped volumes are an indication that international product prices have increased. According to the Ubabef, one tonne of poultry sold for US$ 2,166 on average in the first half, up 12.7% from the first half of 2012.
The revenue hike was driven by sales of whole chickens, while chicken cuts and processed poultry sales declined during the period.
Following the Middle East, Brazil’s leading target markets in shipped volume were Asia, Africa, the European Union, American countries, other European countries, and Oceania.
*Translated by Gabriel Pomerancblum