Government Tips Africa, Middle East, Mexico for Poultry Import Growth
GLOBAL – Future poultry meat imports will show strongest growth in Northern and Sub-Saharan Africa, the Middle East and Mexico, a US Department of Agriculture report predicts.
7 April 2014
2 minute read
By: Major poultry importers will be importing 34 per cent more poultry in 20 years’ time, say analysts at the Economic Research Service (ERS) in a projection of poultry buying to 2023.
This 2.5 million ton increase is expected to be driven by rising incomes and affordability of poultry meat as a protein, particularly in low and middle income consumer groups.
Meanwhile, limitations on feed grain and protein supplies will continue to stifle poultry production growth in all key regions.
Contrastingly, imports for Russia, China and East Asia are expected to contract.
Russia will continue actively deterring foreign product to support domestic farmers and Chinese production is expected to meet rising demand, added the ERS.
Graphic courtesy of USDA
