The Feisp (Industry Federation of São Paulo State) has released the Projections for Brazilian Agribusiness. The document outlines the potential opportunities for Brazil’s agriculture sector, finding that there is ample room to increase Brazil’s agricultural output.

As part of a general upswing in production, the report identifies Brazil’s southern states of Rio Grande do Sul, Santa Catarina and Paraná as the main growth centre – expecting those states to make up 62 percent of Brazil’s agricultural growth.

In terms of exports, Fiesp expects international trade to grow from 4.1 million tonnes in 2018 to 6.1 million tonnes in 2029. The report predicts that per capita consumption among Brazilians to increase by as much as 14 percent during the same period. According to Fiesp’s analysis, “… Brazil has a good position in the international market. The current growth rate should be sustainable over the next 10 years, with the domestic demand also expected to rise. Both factors should have positive effects on the Brazilian poultry production.”

When analysing Brazil’s poultry sector, they note that the ongoing ASF epidemic and continuing trade tensions between China and the United States work to Brazil’s advantage. China is accepting more poultry exports and Brazil is also sending poultry to the Middle East and Japan. The egg industry is also expected to grow by 46 percent by 2029, however, the report notes that the market is relatively small.

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