November 11, 2003

Global Leading Suppliers' Total Meat Exports Seen Up 5% in 2004
 

Global leading suppliers' total meat (beef, pork, and poultry) exports in 2004 are forecast at a record 17.7 million tons, up 5% from the previous year. Anticipated strong exports from Brazil (beef and broilers), Canada (beef), the EU (broilers), and the United States (broilers) are set to contribute to the growth.

U.S. total meat exports in 2004 are forecast at 4.5 million tons, up 3% from the previous year.

The growth is primarily seen in broiler and turkey exports, while gains in beef and pork exports are expected to be marginal. Despite the increase in export quantity, the U.S. share in the world market in 2004 is projected at 25% of total world exports, fractionally lower than the 2003 level. This is due largely to increasing competition and restrictive import measures in key markets.

Beef exports for 2004 by leading suppliers are forecast to reach a record 6.9 million tons, an 8% increase from the 2003 level. Growth is seen primarily in Brazil and Canada. Brazil is expected to overtake Australia as the world's largest beef exporter, while Canada is expected to recover a portion of its export markets in the aftermath of Bovine Spongiform Encephalopathy (BSE). Selected Canadian beef products are now allowed for export to the United States and Mexico, key markets for Canadian beef.

Pork exports for 2004 by leading suppliers are estimated to reach 4 million tons, down 2% from the 2003 level, due mainly to lower exports from the EU. The decrease in EU pork exports is attributed to Japan's safeguard on pork imports and strong competition from Brazil in the Russian market. With the setback in EU exports, Canada is expected to become the world's leading pork exporter in 2004, although Canadian pork exports are forecast to remain near the 2003 level.

Broiler exports for 2004 by leading suppliers are forecast to reach about 6.2 million tons, up nearly 6% from the previous year. What contributes to the growth is strengthening of exports from the EU, Brazil, and the United States in 2004.

EU broiler exports are projected to return to the 2002 level as the Netherlands recovers its production capacity after the Avian Influenza outbreak earlier this year. Brazil continues its expansion in broiler exports to key markets in the Middle East and the EU, while increasing its presence elsewhere offsetting losses in the Russian market.

U.S. broiler exports to the world are estimated to rise nearly 4% from the previous year; this is supported by strong exports in key markets and growth in non-traditional markets worldwide.