Homepage  Homepage     Search on site  Search on site     To write the letter  To write the letter     Site map  Site map
Agro Perspectiva
We are on: 
   
 


Home > News

Mexicos chicken meat production, consumption, and imports are projected for 2021

16.03.2021 16:35 "Agro Perspectiva" (Kyiv) Following are selected highlights from a report issued by a U. S. Department of Agriculture attache in The Mexico City (Mexico), Mexicos chicken meat production, consumption, and imports are projected for 2021.

Chicken meat production and consumption through 2020 benefited from growing demand for a more affordable, versatile, and healthy source of animal protein. Mexicos 2020 imports declined from 2019, but still heavily depends on them to satisfy domestic demand, especially for processing. The United States remains the lead provider of chicken meat to Mexico, benefitting from expired third-country tariff-rate quotas disadvantaging Brazil and Chile in 2020.

Turkey meat: In 2021, turkey meat production, consumption, and imports are expected to increase and exports are forecast to drop. Steady retail consumer demand driven by the perception of turkey meat as a healthy meat and steady production will be complemented by U.S. imports.

Egg and egg products: In 2021, egg and egg products production, consumption, imports, and exports are all expected to increase. During the ongoing pandemic, eggs and egg products saw strong demand from households staying home and cooking more, as well as from baking operations. Mexico retains its place as the worlds number one consumer of eggs.

Chicken Meat Production

In 2021, chicken meat production is estimated to grow 1.5 percent, reaching 3.78 million MT, on increased operational efficiencies, growing flock, and better genetics. However, this will be the slowest growth rate since 2013 due to projected price increases in yellow corn, for which poultry producers are extremely reliant. U.S. yellow corn imports have made up almost 50 percent of total feed production in recent years and poultry producers are more price sensitive to increased feed costs compared to the beef and swine industries. Producers do have the capacity to hedge against increases in feed prices by purchasing and storing grains and, in a worst-case scenario where feed prices do not decrease, are willing to pass on the price to retail consumers.

In 2020, chicken meat production was 3.725 million MT. In Mexico, through 2020, COVID-19 outbreaks and high number of deaths did negatively affect labor availability at farms, slaughtering plants, and meatpacking floors. Health challenges among workers and adverse business conditions caused smaller companies to face operational and financial hardships, pushing some to the brink of bankruptcy. Larger, vertically integrated companies acted on these opportunities to acquire the struggling smaller companies, thereby expanding their assets, flocks, and production footprint across Mexico. As the industry further consolidates, increased

biosecurity capacity should help keep Mexicos favorable animal health status and minimize the risk of disease outbreaks and animal deaths. Producers were motivated by continued market demand for their product, which was supplemented by household use of chicken meat in light of fluctuating HRI demand stemming from unpredictable shutdowns.

Chicken Meat Consumption

In 2021, chicken meat consumption is forecast to grow 2 percent, reaching 4.633 million MT. Due to its affordability, chicken meat is the most consumed meat

in Mexico with near 39 percent market share. This trend should continue through 2021 as the economy struggles to recuperate and households continue to

cook homemade meals. Chicken meat should retain its advantage as the lowestcost meat with price conscious buyers, its perception among consumers as a

healthier meat compared pork or beef, and its versatility. In 2021, as pandemic safety measures are loosened, retail consumers who begin to eat out more will likely consume pork, giving the latter animal protein a faster growth rate.

In 2020, chicken meat consumption was 4.6 million MT. Consumption increased during 2020, as households moved away from more expensive animal proteins due to diminished income and higher unemployment, according to the National Statistics Institute (INEGI) data.

Chicken Meat Trade

In 2021, chicken meat imports are forecast to grow 2 percent, reaching 860,000 MT. Imports should begin to recuperate in 2021 despite a weak Mexican economy, which could see GDP growth of 3.5 percent from 2020 after a decline of -8.5 percent from 2019, according to INEGI.

The HRI sector is expected to continue struggling, but is already adopting new commercial channels, such as e-commerce and order-to-go. Mexicos retailers and meat processors heavily depend on chicken meat imports — especially mechanically deboned meat and breasts — for further processing, to satisfy demand. The driving force at the retail level for these processed products are consumers looking for quick, affordable, and individually packaged meat products.

Mexicos growing convenience store chains and self-service options support this growth.

In 2020, chicken meat imports from all countries were 842,000 MT, a decline of 4 percent.

However, U.S. chicken meat imports grew in the same period, allowing the United States increased market share from 87 percent to 95 percent. Imports from Brazil declined dramatically without the renewal of a third-country tariff-rate quota.

In 2021, chicken meat exports are forecast to remain flat, at 7,000 MT. In, 2020 chicken meat exports were 7,000 MT. Chicken meat export growth is limited by Mexicos eligibility to export only fully cooked poultry products to the United States — potentially its largest export market — and underdeveloped demand in other export markets to which it has access.

Agro Perspectiva

< India Corn Exports Competitive Regionally All news for
16.03.2021
Business and govt agree to stabilize prices for socially important goods - EBA >

30.07.2021  
15:15 CNH Industrial. Consolidated revenues of $8.9 billion (up 60% compared to Q2 2020), net income of $699 million
28.07.2021  
12:17 BASF with very strong second quarter supported by higher prices and volumes
24.07.2021  
10:36 Ethiopia: Worlds Third‐Largest Arabica Coffee Producer
23.07.2021  
10:49 U.S. Production and Exports Forecast Down Despite Global Gains
16.07.2021  
15:06 Global pork production for 2021 is revised up nearly 4 percent to 105.1 million tons
12:50 Global Soybean Trade Slows on Weaker China Demand
14.07.2021  
13:45 UN report: Pandemic year marked by spike in world hunger
11:00 Australia to Expand Wheat Exports as North America Faces Tighter Supplies
10:37 Philippines Pork Imports Expected to Reach Record Levels
08.07.2021  
15:12 World cereal inventories expected to rise for the first time since 2017/18
13:15 Global food prices fall for the first time in 12 months
06.07.2021  
12:30 ASTARTA Exported the First Batch of Organic Products
30.06.2021  
18:05 Turkey. In MY 2020/21, orange production is estimated to decrease 1.3 million MT
29.06.2021  
11:55 Tetra Pak to invest 100 million to expand European manufacturing for more sustainable solutions
25.06.2021  
17:17 FRESH APPLES. World production for 2020/21 is projected down 3.6 million tons to 75.9 million
24.06.2021  
13:05 Vattenfall to sell 49.5% of the offshore wind farm Hollandse Kust Zuid to BASF
17.06.2021  
12:30 Minister Bozukov: Environmental commitments in agriculture need adequate economic incentives
16.06.2021  
10:52 U.S. Corn Exports at a New High for 2020/21
09.06.2021  
17:05 Iraq Issues Decisions to Restrict the Movement of Wheat and Barley
16:37 Case IH Introduces New Planter Tech, Applicator Configurations
04.06.2021  
13:46 World cereal markets heading towards a record production in 2021/22 but only a marginal increase foreseen for stocks
03.06.2021  
14:29 Japan. The tariff-rate quota volumes for butter at 6,400 MT and NFDM at 750 MT for JFY 2021
12:25 Burma. Wheat consumption is forecast to decrease in 2021 due to economic contraction and cash shortages post-coup
09:25 Pests destroy up to 40 percent of global crops and cost $220 billion of losses
01.06.2021  
10:55 Tetra Pak's optimal integrated solution helps cut water usage and carbon emissions for the dairy sector
31.05.2021  
11:53 European Union sugar production is forecast 7 percent higher to 15.8 million tons
26.05.2021  
13:02 Sugar Production Up Globally in 2021/22, Stable in the United States and Mexico
18.05.2021  
13:33 ASTARTA Completed its Sowing Campaign 2021
17.05.2021  
16:47 CNH Industrial announces subsidiary notes offering
14.05.2021  
14:15 ASTARTA Started Raw Sugar Processing
12.05.2021  
14:01 For the MY 2021/22 forecasts Bangladeshs rice production to increase, assuming friendly weather and increased yield
12:51 Total Latvian wheat, rye, mixed grains, triticale, barley, corn, and oat production in MY 2021/22 is forecast at 3.2 MMT
07.05.2021  
13:22 Global cereal markets tighten as demand remains strong in 2020/21
12:25 International food prices continue rising in April
06.05.2021  
15:38 New Zealand. Total milk production is forecast at 22.2 MMT
05.05.2021  
16:47 CNH Industrial. Consolidated revenues of $7.5 billion (up 37% compared to Q1 2020)
13:21 Australia. Wheat production is forecast at 27 MMT in MY 2021/22
30.04.2021  
14:21 ASTARTA Finished Sugar Beet Planting
29.04.2021  
11:49 Manitou Group: Q121 revenues of 471m, +12% vs. Q120
11:39 BASF increased sales by 2.6 billion compared with the first quarter of 2020 to 19.4 billion
28.04.2021  
17:00 Spain: Spanish Cheese Exports May Rebound in 2021
27.04.2021  
16:47 Argentina. Wheat production is estimated at 20.5 million tons in 2021/2022
26.04.2021  
16:35 Small family farmers produce a third of the worlds food
10:09 Industrial production in Ukraine 2.1% up in March 2021 - statistics
24.04.2021  
07:20 Finance Ministry proposes to change criteria for land valuation in settlements by 2023
22.04.2021  
11:28 Giving a voice to soil organisms our silent allies in the fight against hunger
21.04.2021  
09:53 NBU sends UAH 24.4 bln of profit to state budget
20.04.2021  
11:50 Vietnam. Soybean meal demand for feed use is forecast to increase in MY2021/22 as the swine herd repopulates
16.04.2021  
14:11 NBU raises key policy rate to 7.5%
14.04.2021  
17:10 Brazil Meat Exports Continue to Grow

Also available: 


NewsNews - News - News - News - News - News
BriefWeekly Reports - Free article
SubscriptionTariff - News&Reports
AdvertisingMagazine - Site
ConferencesForum AGRO-2013 - DAIRY WORLD-2008 - FERTILIZERS-2010
Statistics
For our clientsAgroNewsDaily - Ukrainian Grain&Oilseed Market - Fertilizers - Milk Monthly - Milk Weekly
About usAbout project - Contact
2002 -2021 © Agrarika, ltd.
tel.: +380 44 5934543; +380 44 5934540
e-mail: client@agroperspectiva.com