November 21, 2013

Global poultry production to increase in 2014 on continued uptrend

In 2014, global poultry production is expected to continue to hit new records, marking a surge of 18% in five years.

According to the USDA's International Egg and Poultry review, in the past five years, global poultry exports have expanded by over 25%. Over 80% of the growth is attributed to demand from the Middle East and Sub-Saharan Africa.

US poultry production is forecast to increase 3% to a record 17.5 million tonnes as a result of lower input costs and high domestic demand.

Fuelled by sufficient feed supplies, production in Brazil is also forecast to rise slightly to a record 13 million tonnes. However, domestic consumption is down due to consumer debt and competition from the pork and beef sectors. Demand from the Middle East is rising as Brazil's exporters can supply Halal-certified poultry and products.

As a result of heightened demand for animal protein and a growing predilection for processed poultry products, India's poultry production is forecast to rise 6%.

Boosted by government support to improve genetics, construction of new establishments and modernisation of existing plants, Russia's poultry production has been growing at a rapid rate to a record 3.3 million tonnes.

Poultry production in China is forecast to rise slightly to a record 13.7 million tonnes owing to new government subsidies for breeding stock purchases. The country continues to seek eligibility to export processed poultry products to the US.

EU production is also forecast to rise to a record 9.9 million tonnes due to greater domestic demand for lower cost supplies of animal products and reduced feed costs.

Poultry production in Thailand and Turkey are forecast to expand by 8% to a record 1.6 million tonnes and 3% to a record 1.8 million tonnes respectively. While the growth in Thailand is a result of greater demand and lower feed costs, Turkey's rise in production is a result of growing demand from Iraq and other Middle Eastern markets.