The firms from Brazil and Saudi Arabia entered into a strategic agreement allowing BRF to sell up to 200,000 tons to SALIC whenever there is a food emergency in the Arab country.
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Algerian authorities allowed purchases of Brazilian halal-certified chicken, thus widening the presence of the product in Arab markets. Tamer Mansour says this is a major win for the Brazilian poultry industry.
Revenue was up 29% compared to November 2021, while volume increased 12%.
The Saudi-based food industry announced investments of USS 1.3 billion in farms and a new plant aiming to achieve leadership in sales of poultry protein in the country.
The Arab country purchased 319,000 tonnes of poultry from Brazil from January to August and was one of the leading buyers in the period, according to the ABPA.
Last year, Egypt cleared imports of poultry-based products from Brazilian companies. Brazilian shipped 650 tonnes year to date but wants to extend their shelf life to sell even more.
The Arab country was the second largest destination of Brazilian poultry exports in August. Libya’s purchases more than doubled.
Saudi Arabian authorities decided to suspend the rule determining the shelf life as only three months for frozen chicken meat that hampered Brazilian exports.
Poultry exports from Brazil climbed in July. The three leading importers – China, Japan and UAE – stepped up their purchases.
