Poultry Exports Worth More But Down in Tonnage
BRAZIL – Exports have been smaller in quantity but greater in value through August, balancing the shipping industry deficit.
3 September 2013
2 minute read
By: The year’s chicken meat exports to August are two per cent lower than at the same time last year, although are worth $5.413 billion, 8.62 per cent more, the Brazilian Poultry Union has revealed.
However, export tonnage for August lifted 5.1 per cent to 333,600 tons which was accompanied with a 7.5 per cent rise in income on August 2012.
Francisco Turra, Brazilian Poultry Union President described August as a ‘good result’ and forecasts an upturn in the global market which will continue through to December, equalling exports for 2012.
"In July, the cumulative decline in the year was 3.1 per cent. In August, the cumulative decline in the year was 2 per cent . This scenario shows a trend indicated by UBABEF for the recovery pace of shipments in the second half,” said Mr Turra.
“The international market is more attractive and exports are expected to gain momentum, reaching up to December, similar to the total volume exported in 2012. This situation also highlights a trend of a buying market, with supply more responsive to demand.”
