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Chicken Meat production in China is estimated at 14,8 MMT in 2020 - report of the USDA

13.01.2020 12:55 "Agro Perspectiva" (Kyiv) According to the report of the USDA Livestock and Poultry: World Markets and Trade (January 2020), Chicken Meat production in China is estimated at 14,8 MMT in 2020.

Chicken Meat. Selected revisions from the October 2019 Forecast.

China: Production for 2019 and 2020 is revised down to 13.1 and 14.8 million tons respectively, based on official production data. Despite the downward revision, production will reach a record level in 2020 as lower pork supplies due to African Swine Fever (ASF) spur chicken consumption.

Angola: Imports for 2020 are revised down 11 percent to 250,000 tons due to a depreciating currency and lowered expectations for income growth. Through October 2019 imports declined 23 percent year-on-year.

Brazil: Exports for 2019 and 2020 are revised down 4 and 7 percent respectively to 3.72 and 3.75 million tons due to lower-than-expected shipments to the EU, Cuba, and Africa which partially offset growing trade to China.

Cuba: Imports for 2020 are revised down 37 percent to 145,000 tons due to worsening economic conditions, foreign currency shortages, and limited credit availability. U.S. exports to Cuba fell from a record monthly high of 34,000 tons in July 2019 to 4,000 tons in October and November.

Iraq: Imports for 2019 and 2020 are both revised down to 500,000 tons due to weaker-than-expected demand.

Philippines: Imports for 2019 are revised up 10 percent to 345,000 tons as consumers substitute chicken for pork following ASF outbreaks.

South Africa: Imports for 2019 are revised down 11 percent to 485,000 on lower imports from Brazil and the United States due to uncertainty regarding proposed tariff hikes. Imports for 2020 are revised down 14 percent to 480,000 tons.

Thailand: Exports for 2019 and 2020 are revised down 11 and 12 percent to 885,000 and 970,000 tons respectively on lower-than-expected 2019 exports and an appreciating currency. Exports to China slowed over the summer in 2019 due to lower-than-expected Chinese prices and the temporary ban of a major Thai poultry exporter.

Agro Perspectiva

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