Chicken industry sees export rebound in the second half
Brazil is expected to increase chicken meat exports in the second half of this year at a pace that will allow the country to reverse the decline recorded in the first six months of the year. There is even a chance that 2013 will see growth on 2012, said a director at industry association UBABEF, on Monday, July 15.
Brazil exported 1.89 million tons of chicken meat between January and June 2013, down by 4.9% on the first half of 2012, reported UBABEF, stressing that the situation will change in the second half of 2013.
In May Mexico announced the lifting of tariffs on imports for a quota of 300,000 tons of chicken per year, which could benefit Brazil, the world's largest exporter of the product.
Brazil has the potential to export between 80,000 and 120,000 tons of chicken meat to Mexico every year, according to UBABEF, which also believes there will be a recovery in sales to Egypt and China in the second half of the year.
In its report, UBABEF said that the trend is for the sector 'to repeat 2012's volume in 2013, and there may be an increase of up to 2%.
Information provided by Reuters