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As the increase in volume was accompanied by a significant increase in the average price of the product – in the first five months of the current semester, almost 30% more than in the same period of 2020 – the increase in foreign exchange revenue is much more significant. Because the almost US$6.8 billion accumulated in the period represents an increase of close to 25% over the same 11 months last year.
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With the performance observed so far, 2021 should end with the highest volume ever exported by the Brazilian chicken industry, thus surpassing the record held since 2016, when shipments for the year were slightly above 4.3 million tons .
However, despite the strong appreciation of the product throughout the year, foreign exchange revenue can, at best, reach the value recorded in 2012, when the sector's revenue reached US$7.7 billion. In other words: it still tends to remain below what was recorded in 2011, 2013 and 2014, years in which the foreign exchange revenue from exported chicken meat ranged between a minimum of US$7.9 and US$8.2 billion annually.
In any case, both foreign exchange revenue and shipped volume present, this year, the best result of the 2017/2021 five-year period.
Clipping: agrolink | Source: AVISITE