Brazil: Poultry and Products Annual
Chicken meat production in 2020 will grow 2.5 percent to 13.975 million metric tons. Global demand, specially from China, drives growth due the impact of African Swine Fever in Asia. Chicken meat exports are projected to grow by 5 percent and set another record. Higher domestic demand next year is also expected because of an expected rebound of the Brazilian economy with a projected growth in GDP of 2 percent, with lower inflation and declining unemployment rates. In addition, stable feed costs are projected for 2020 increasing industry profitability and processing capacity.
