August 23, 2011

US broiler parts exports shrink in June

US broiler parts exports in June reduced 14.2% in quantity and 3% in value compared with June 2010, according to the National Chicken Council's Washington Report, August 22 edition.

Exports totalled 247,125 tonnes valued at US$280.33 million in June 2011 versus 287,957 tonnes valued at US$288.93 million year earlier.

Hong Kong and Mexico were the top two parts markets and had increases in both quantity and value, which helped contribute to the significant lead that Hong Kong and Mexico had over other foreign markets. Broiler parts exports to Russia in June 2011 were 3,419 tonnes valued at US$3.6 million, compared with 24 tonnes valued at US$0.06 million in June 2010. Eight of the top 15 parts markets registered gains in both quantity and value in June 2011.

For the top 15 parts markets, combined exports increased 4.1% in quantity and rose 9.1% in value. However, "other countries" were off 43.9% in quantity and 28.9% in value when this June is compared with June 2010.

The disappointing performance of parts exports in June contributed to a lacklustre first-half 2011 for the exports of parts. For January-June 2011 parts exports totalled 1.48 million tonnes valued at US$1,652.92 million compared with 1.50 million tonnes valued at US$1,545.32 million during first-half 2010, a 1.4% decline in quantity but a 7% increase in value.

Hong Kong and Mexico were the top two markets by a sizable margin. Ten of the top 15 parts markets experienced gains in quantity while nine countries had increases in value. For the top 15 markets combined, exports increased 9.6% in quantity and 14% in value this June over a year ago. However, "other countries" were off 20.9% in quantity and 9% in value.