Browse Data and Analysis

Brazil`s economy is still recovering from the negative impacts of the pandemic on its GDP growth, employment, and most sectors of the economy. For 2023, the Brazilian Central Bank (BCB) forecasts GDP to grow 0.76 percent and 1.5 percent in 2024.

After a major decrease in 2022, Ukraine’s cattle and swine population is expected to decline further in 2023. Although some war-related factors have already had their negative impact, the refugee crisis, disposable income drops, and a weakened economy are expected to depress livestock sector development further.

Egypt notified of new halal requirements and procedures for food products. This was disclosed via a Technical Barriers to Trade (TBT) fourth addendum notification to the World Trade Organization (WTO). The notification waives the halal certification requirement on milk and dairy products until April 1st, 2023.

In 2023, Mexico’s beef production is forecast to slightly increase, but faces slower consumption growth on a year-to-year basis as food inflation soars. As herd numbers increase, overall cattle slaughter is expected to rise. Carcass weights are expected to marginally decrease in 2023 and are offset by larger slaughter numbers of slightly younger animals.

Mexico’s chicken meat production is forecast to increase by three percent in 2023. Although chicken meat is one of the most impacted proteins during Mexico’s inflation crisis, consumption per capita continues to increase, albeit at a slower pace on a year-to-year basis.

The People’s Republic of China decision to end COVID restrictions is expected to bolster economic activity which will facilitate food service business and improve demand for certain chicken meat products in 2023.

Although it initially decreased after the war began, Ukraine’s chicken meat production remained stable in 2022. The production was impacted by significant cost increases predominately associated with more expensive trade logistics and a turbulent macroeconomic environment.

In 2021, the Chilean economy grew by 11.7 percent. Government support programs increased disposable income for many consumers, putting upward pressure on consumption of beef, pork, and chicken.

Japan has a well-developed food retail market that demands high-quality, high-value agricultural and food products. Despite reduced economic activity during the COVID-19 pandemic, trade data show that agricultural imports have remained resilient.

The poultry sector in Cote d’Ivoire is well established and contributes a substantial amount to the country’s agricultural GDP. Despite many challenges, such as Avian Influenza outbreaks and rising costs of feed and transport, the Ivoirian poultry industry has been able to overcome these challenges with great success.

At the end of January 2023, Romania’s Institute for Diagnosis and Animal Health (IDAH) confirmed one primary and two secondary outbreaks of highly pathogenic avian influenza (HPAI) in a commercial turkey operation located in central Romania.