Year-to-date through May, the Arab country purchased 335% more Brazilian eggs than a year ago. Exports were driven by the recovery of the levels of consumption in the UAE market, ABPA reported.
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The decrease in Brazilian poultry purchases was driven by Saudi Arabia’s strategy of local production and the decline in tourism in Dubai, UAE, and religious tourism in Mecca, Saudi Arabia.
The Brazilian company manufactures and installs farming systems for layer hens. It believes the outlook for investment is good, with egg consumption climbing as shoppers worldwide seek affordability, and countries work to step up domestic food production in the aftermath of Covid-19.
IBGE survey also shows a recovery in shrimp farming and a decline in the head of cattle numbers in the country.
Launch of the Brazilian Breeders occurred during the International Poultry and Pork Show. Project is led by ABPA and Apex-Brasil.
Brazil produced 908 million dozen eggs, 3% down from the last quarter of 2018. Exports to Arabs grew.
Brazilian farms registered a production of 928.4 million dozen eggs in the fourth quarter of 2018, more than in the third quarter of last year and more than in the same period of 2017.
Saudi Arabia has cleared Brazilian genetic material imports for the first time. The Arab Chamber CEO expects to see bovine genetics exports to Arab countries climb by 30% in 2019.
The country sent 7.72 million cattle to slaughter in the second quarter of this year, a 4% hike in volume over the same period of 2017.
The Brazilian egg producer is ranked 12th worldwide and has been exporting to four countries for twelve years, including the United Arab Emirates, which buys 75% of the company’s total exports.
Morocco opened the market to hatching eggs and one-day animals from the turkey sector.