June 15, 2012

 

 

Brazil will see rising meat production by 10.9 million tonnes over the decade, according to a study by the Ministry of Agriculture and Embrapa.

 

Chicken is expected to have the highest rate of growth in production between 2011-12 to 2021-22 with an annual growth projected to be 4.2%, followed by beef, with growth estimated for the period at 2.1% per year. Pork is expected to have a growth rate of 2% per year.

 

The projections on consumption for the period show a growing preference among Brazilian consumers for chicken meat.

 

The increase projected for the next 10 years is 2.7% per year. This means a domestic consumption of 12.8 million tonnes of chicken meat and 9.4 million tonnes for beef.

 

Beef takes second place in the increase in consumption with an estimated annual rate of 2% between 2011-12 to 2021-22.

 

In contrast, the projected annual consumption of pork for the period is 1.8% for the next year.

 

The study also forecasts a favourable environment for Brazilian exports, especially for meat, poultry and pigs.

 

The most dynamic products in agribusiness should be cotton, soybeans, chicken, sugar, corn and cellulose, which show the greatest potential for export growth over the next 10 years.

 

Many are expected to have significant increases in production next year with soybeans leading the way with a 25.1% increase, chicken meat at 56.1%, beef at 32.3%, sugar at 25.7%, coffee at 41.2%, apples at 35.8% and cellulose at 29.7%.

 

The forecasts for increases in production, consumption and trade are contained in the "Agribusiness Projections 2011-12 to 2020-21" report conducted by the Ministry of Agriculture, Livestock and Supply (MAPA), conducted in partnership with the Brazilian Agricultural Research Corporation (Embrapa).