Mexico: Poultry and Products Semi-annual

In 2021, the Mexican poultry sector saw improvements which are carrying into 2022. The re-opened hotel, restaurant, and institution (HRI) sector, a key driver of the Mexican economy, continues its rebound phase from 2020 pandemic lockdowns. Domestic poultry producers have remained profitable and are benefiting from increased demand from domestic consumers and international visitors. Imports remain crucial to fully satisfy demand. As input costs remain high for producers, however, costs are passed to consumers and are partially reflected in rising food inflation.