September 16, 2005

USDA: Thailand poultry and products annual 2005

Thailand is on the road of recovery after Highly Pathogenic Avian Influenza (HPAI) ravaged the Thai poultry industry in 2004. HPAI incidents in Thailand have declined in 2005. 

Despite some problems in procuring breeding broiler stock from foreign suppliers, broiler meat production will grow modestly in 2005. Both domestic broiler meat consumption and exports are bouncing back quickly. The high stocks of broiler parts that troubled several packers in late 2004 and early 2005 have been absorbed and are no longer a problem.

All integrated poultry producers are enjoying skyrocketing domestic prices and better export prices for cooked broiler meat in 2005.

Most integrated poultry producers are optimistic that the Thai broiler industry should continue to grow significantly in 2006.

Broiler meat production is forecast to expand by 15-20 percent over the 2005 level, due to an anticipated reduction in HPAI incidents and continued growth in domestic consumption and exports. Domestic consumption may grow as much as 7 percent in 2006. 

Meanwhile, exports are forecast to increase 20-30 percent, mainly because Thai integrated broiler producers are able to increase cooked product supplies to meet the growing overseas demand.

For the full USDA report, click here.