Brazil Projects 62% Growth in Egg Exports by 2025 Amid U.S. Price Crisis
Brazil’s egg exports are projected to increase by 62% in 2025, reaching 30,000 tonnes due to U.S. egg price inflation resulting from avian flu. Despite this growth, exports will still be less than 1% of national production. The increase reflects a trend towards expanded international market demand for Brazilian eggs, alongside a growth in domestic consumption.
Brazil is anticipated to experience a significant surge in egg exports, with projections indicating a 62% increase in shipments, equating to 30,000 tonnes in 2025. This growth is largely attributed to the egg price inflation crisis in the United States, which has been exacerbated by avian flu impacting local production. Even with this increase, exports will still constitute less than 1% of Brazil’s total domestic egg production.
In 2023, Brazil exported 18,400 tonnes of eggs, amounting to just 0.86% of its national production. Ricardo Santin, the president of the Brazilian Animal Protein Association (ABPA), remarked on the significance of this growth while noting its basis in low volume, stating, “The increase [in exports in 2025] is quite significant and could be even higher, but it is still based on a very low volume, always below 1% of national production.”
Brazil has secured authorization to export processed eggs to the United States for both human and pet consumption. Direct shipments to supermarket shelves remain prohibited; however, eggs can be sent to processing companies where they are transformed into liquid or powdered forms for consumption purposes, as explained by Mr. Santin.
Processed eggs are less common in retail, as they primarily find usage in food manufacturing applications such as pasta and baked goods. Concurrently, the U.S. Department of Justice is investigating potential price manipulation amidst soaring egg prices, examining anti-competitive practices by major companies that might have led to increased prices and supply shortages.
Brazil’s egg markets are expanding, with increasing demand observed from regions such as the United Arab Emirates and Angola, as noted by Mr. Santin. Egg production in Brazil is projected to augment by 2.4% by 2025, reaching 59 billion units, while January 2024 alone saw a production of 5.9 billion eggs, with exports comprising just 0.9% of total production.
Despite the rising prices within Brazil, ABPA forecasts a continual growth in per capita egg consumption. The association estimates that the average Brazilian will consume approximately 272 eggs in 2025, reflecting a 1.1% increase compared to the previous year.
In summary, Brazil is poised to significantly increase its egg exports by 62% in 2025, largely in response to a crisis in U.S. egg prices. While exports will maintain a minimal fraction of domestic production, there is optimism about growth in per capita consumption. The Brazilian egg industry is thus navigating challenges while exploring opportunities in international markets amidst fluctuating prices.
Original Source: valorinternational.globo.com
