Growth for EU Poultry Production
EU - The recent growth in poultry meat production is set to continue, according to the Short Term Outlook for arable crop, meat and dairy markets published by the European Commission.The EU meat sector in 2012 continues to be
supported by strong global demand, driven by
the relatively favourable situation in emerging
economies. However, domestic demand
suffers from a slowdown in the EU economic
growth. Overall meat supply is still relatively
tight in many world regions and is further
constrained by high feed costs. As a
consequence, world prices remain high and
EU meat exports flourish.
Poultry meat
After a 1.1 per cent increase in 2011, EU poultry meat
production is expected to keep growing
(+1.0 per cent in 2012 and +0.3 per cent in 2013). Based on
data available for January-April, the very
dynamic trend of EU poultry exports would
continue in 2012, with a projected increase of
14 per cent, driven by global demand.
Poultry meat
consumption is likely to decline by 0.4 per cent in
2012 (as for all other meats, but to a lesser
extent) and to rebound in 2013 (+0.3 per cent). The
share of poultry in total EU meat consumption
would be constantly increasing. In 2012, EU
broiler prices followed so far the seasonal
trend and are slightly above the average.