Chicken market in Egypt moves Brazilian companies
SAO PAULO - The opening of the Egyptian market to chicken imports is motivating Brazilian companies to negotiate with local industries, increasing exports to the Arab country.
25 September 2006
3 minute read
"There is significant agility and much talent on the side of Brazilian companies. This is so true that we started exporting in just one month (after the opening of the market)", stated the president at the Brazilian Poultry Exporters Association (Abef), Ricardo Gonçalves. In July, the government of Egypt liberated imports for a period of six months to avoid lack of supply.
According to Gonçalves, Brazil may export between 10,000 and 20,000 tonnes of chicken a month to Egypt. From August to mid September, shipment has totalled at least 21,530 tonnes of the product. "We have never managed to do anything as fast as we did now," he said. To Gonçalves, the Arab country is a potential market for Brazilian companies.
"Everybody is being motivated as it is a new market, which brings opportunities," stated Gonçalves. According to him, Brazil has chances to continue exporting to Egypt even after the period of six months determined by the local government. "Businessmen are reacting well to the new market," he said.
From January to August this year, the Middle East was the second greatest market for Brazilian chicken. Shipment to the region totalled 449,640 tonnes in the first eight months of the year, generating revenues of US$ 472.8 million. The largest market for Brazil up to August was Asia, which imported 498,920 tonnes. Imports to the region totalled US$ 604.67 million. In third place came Europe, with imports of 355,000 tonnes and revenues of US$ 556.2 million.
Source: ANBA
According to Gonçalves, Brazil may export between 10,000 and 20,000 tonnes of chicken a month to Egypt. From August to mid September, shipment has totalled at least 21,530 tonnes of the product. "We have never managed to do anything as fast as we did now," he said. To Gonçalves, the Arab country is a potential market for Brazilian companies.
"Everybody is being motivated as it is a new market, which brings opportunities," stated Gonçalves. According to him, Brazil has chances to continue exporting to Egypt even after the period of six months determined by the local government. "Businessmen are reacting well to the new market," he said.
From January to August this year, the Middle East was the second greatest market for Brazilian chicken. Shipment to the region totalled 449,640 tonnes in the first eight months of the year, generating revenues of US$ 472.8 million. The largest market for Brazil up to August was Asia, which imported 498,920 tonnes. Imports to the region totalled US$ 604.67 million. In third place came Europe, with imports of 355,000 tonnes and revenues of US$ 556.2 million.
Source: ANBA
