Global chicken meat production for 2023 is virtually unchanged from the October forecast at 102.9 MMT

30.01.2023 10:05 "Agro Perspectiva" (Kyiv) — According to the report of the USDA Livestock and Poultry: World Markets and Trade (January 2023), global chicken meat production for 2023 is virtually unchanged from the October forecast at 102.9 million tons as upward revisions for United Kingdom, Thailand, and Mexico offset a decrease for Brazil. United Kingdom production continues its expansion on strong demand despite labor issues, higher input costs, and recent outbreaks of highly pathogenic avian influenza (HPAI). Lower production costs for feed and genetics will spur Thailand production. Brazil is revised lower on weaker foreign demand, particularly from China.

Global chicken meat exports for 2023 are revised 1 percent lower from the October forecast to 14.0 million tons. Weaker China, EU, South Africa, and UK demand will primarily impact Brazil, the world’s leading exporter. While Brazil shipments are forecast lower compared to the October forecast, volumes are still expected to reach a historical level. Competitive pricing, the absence of HPAI, and diverse product offerings will enable Brazil’s reduction in shipments to China to be largely offset by other markets.

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