FAS/Canada projects moderate growth in chicken meat production in 2022, following a robust recovery in 2021 prompted by stronger than anticipated sales through the retail channel and quick-service restaurants.
Since 2013, total meat consumption in Venezuela has declined 69.1 percent. However, a relatively better economic climate since 2019 has helped stabilized beef production and led to a significant recovery in chicken production.
Those seeking to take advantage of the tariff benefits stemming from the U.S.-Panama Trade Promotion Agreement should ensure their products comply with rules-of-origin requirements to avoid fines and back duty assessments.
Long-awaited details on compensation for trade agreement market access concessions include an on-farm investment program for poultry and egg farmers as well as a domestic market development program for the turkey and chicken sectors.