Recent numbers show turkey, egg exports increasing while broiler exports decrease  - Indiana Corn and Soy

Recent numbers show turkey, egg exports increasing while broiler exports decrease 

U.S. turkey exports for January through November 2024 increased in volume and value from the same period of last year, egg exports registered gains in value, while broiler exports decreased according to new trade data released by the USDA Foreign Agricultural Service (FAS). 

While U.S. total broiler exports were down due largely to decreased shipments to China, other export markets such as Hong Kong, Vietnam, Angola, Ghana, United Arab Emirates, Mexico, Canada, Dominican Republic, Gambia, Turkmenistan, Qatar, Colombia, Philippine, Mauritania and Suriname showed tremendous gains in broiler exports from the same period a year earlier. 

Broiler exports for the first eleven months of 2024 were 2,997,042 metric tons, down 9.8 percent from the same period of last year, while export value was $4.298 billion, down 0.9 percent (Figure 1). Of the total export volume, 51.5 percent or 1,542,426 tons were shipped to the top six markets, including Mexico, Cuba, Taiwan, Philippines, China and Canada. 

Shipments to Mexico in January-November 2024 were 672,077 metric tons, up 1.8 percent from the same period a year earlier. During the same period, Brazilian chicken exports to Mexico reached 204,757 metric tons, up 19.5 percent year over year, while Chilean chicken exports to Mexico were 20,971 metric tons, down 13.7 percent. 

Exports to China decreased by 62.8 percent to 145,186 tons (of which 72.5 percent or 105,273 metric tons were frozen raw chicken paws), while shipments to Cuba decreased by 0.7 percent to 231,912 tons. Exports to other important markets were Taiwan, 187,989 tons, down 22.3 percent; Philippines, 160,737, up 2.9 percent; Canada, 144,526 tons, up 7.8 percent; Vietnam, 126,248 tons, up 18.8 percent; Guatemala, 125,005 tons, down 4.6 percent; Angola, 111,931 tons, up 18.5 percent; Hong Kong, 77,827 tons, up 53.0 percent. 

Broiler exports in November 2024 were 287,568 metric tons, up 1.6 percent from the same month a year earlier, while export value reached $446.8 million, up 20.8 percent. Exports to China decreased by 16.7 percent to 15,675 tons (of which 55.0 percent or 8,617 metric tons were frozen raw chicken paws). 

Shipments to Mexico decreased by 0.2 percent year over year to 61,311 metric tons, while shipments to Taiwan increased by 74.9 percent to 24,945 tons. While exports to Vietnam, Colombia, Cuba, Gambia, Angola, Canada, Ghana, Philippines and Dominican Republic increased notably year over year, exports to UAE, Iraq, Congo (Brazzaville), South Africa and Mozambique decreased significantly. 

Cumulative turkey exports 

Cumulative turkey exports for the first eleven months of 2024 were 204,089 metric tons, up 0.6 percent from the same period a year earlier, while export value was $617.0 million, up 6.7 percent (Figure 2). 

Of the total quantity exported, 82.9 percent or 169,289 metric tons were exported to the top six markets, including Mexico, Canada, Jamaica, Dominican Republic, Guatemala, and El Salvador, with Mexico alone accounting for 75.3 percent or 153,598 metric tons. 

Turkey exports in November 2024 were 19,117 metric tons, down 14.2 percent from the same month a year earlier, while export value was $61.5 million, down 2.0 percent. 

Shipments to Mexico decreased by 6.6 percent to 13,928 metric tons, while exports to Canada decreased by 51.9 percent to 332 metric tons. While exports to Dominican Republic, Colombia, Chile, Honduras, Samoa, Nicaragua, and Netherlands Antilles increased notably, shipments to El Salvador, Leeward-Windward Islands, Costa Rica, Taiwan, Haiti, Guatemala, Bahamas, Congo (Brazzaville), Gabon and Congo (Kinshasa) decreased significantly. 

Total egg exports 

Total egg exports (table eggs plus egg products in shell egg equivalent) for January through November 2024 decreased by 2.2 percent to 158.8 million dozen. The value of those exports increased by 4.6 percent to $281.3 million (Figure 3). 

Cumulative exports of table eggs from January to November of 2024 were 75.2 million dozen, down 7.8 percent from the same period a year earlier, while export value reached $175.7 million, up 18.7 percent. Of the total shipments, 88.5 percent or 66.6 million dozen were shipped to the top six export markets, namely Canada, Bahamas, Netherlands Antilles, Mexico, Hong Kong, and Turks and Caicos Islands. 

Table egg exports for November 2024 were 6.1 million dozen, down 1.0 percent from the same month a year earlier, while export value reached $16.7 million, up 58.9 percent. October exports to Canada reached 3.9 million dozen, up 17.4 percent from the same month of 2023, while exports to Hong Kong were 79,380 dozen, down 84.5 percent. While exports to Bahamas, Netherlands Antilles, Turks and Caicos Islands, EU-27, and Bermuda increased notably, exports to Cuba, Mexico, Trinidad and Tobago, and Barbados decreased significantly. 

For egg products, exports in January-November 2024 totaled 22,947 metric tons, down 15.0 percent from the same period a year earlier, while export value was $105.5 million, down 12.8 percent. Exports to the top six markets including Japan, EU-27, Mexico, Canada, South Korea, and Australia accounted for 86.0 percent or $90.8 million. 

November exports of egg products were 1,763 metric tons, down 10.9 percent from November 2023, while export value was $9.7 million, down 12.5 percent. Export sales to Japan were $3.4 million, up 51.5 percent year over year, while exports to Mexico reached $2.8 million, up 72.6 percent. While exports to Singapore, Philippines, Israel, and Cayman Islands increased significantly, export sales to Canada, EU-27, South Korea, Colombia, Australia, and Bahamas decreased notably. 

Posted: January 16, 2025

Category: ICMC, Indiana Corn and Soybean Post - January 2025, ISA, Market Development, News, USAPEEC

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