Global chicken production forecast higher for 2023 - GAIN report
All major producers except China will make gains
14 October 2022
1 minute read
By: Global chicken production is forecast 2% higher in 2023 to a record 102.7 million tons, according to a recent USDA-FAS GAIN report.
All major producers except China will make gains with the most significant growth in Brazil. Relatively high feed and energy prices have squeezed profitability globally, but expansion is spurred by robust demand as consumers are expected to seek lower-cost animal proteins amid rising food costs.
Brazilian growth is driven by both domestic and global demand as it solidifies its position as the world’s leading producer, surpassing China this year.
China production will be stagnant as growth in white feather production will offset a decline in yellow feather production. Demand for affordable chicken products, particularly white feather broiler meat, is expected to grow in 2023 as Chinese consumers shift towards a more diverse protein diet.
Thailand production will grow 3% despite the anticipated slow recovery in domestic consumption and high production costs caused by supply disruptions to feed grains and day-old chicks. These factors will keep the growth rate below the pre-pandemic average. Russia and Mexico will also make gains amid strong domestic demand.
EU production is forecast only marginally higher due to rising energy costs on the heels of highly pathogenic avian influenza (HPAI) outbreaks.
