Post forecasts 2015 domestic broiler consumption at the same levels estimated for 2014, at 41 kg per capita. This is a slowdown from the previous upward trend in consumption since the domestic market seems to be close to reach its supposed saturation point, but also because during 2014 the recession in the economy, as well as high inflation impacted consumers’ purchasing power.

Argentina is seeking to capitalize on the opportunity to supply the Russian market after the country’s announcement that is banning food imports from the United States, the European Union, Australia and Canada as part of the diplomatic dispute over Ukraine. The Argentine poultry industry has estimated that would be able to ship 150,000 MT in 2015 to supply the Russian market.

Argentine imports are negligible, mainly products for the pharmaceutical industry. Due to the strong import restriction system imposed by the government of Argentina, Post forecasts 2015 imports at 1.2 MT, even lower than the 2 MT estimated for 2014.

Further Reading

You can view the USDA GAIN: Argentina Poultry and Products Annual 2014 report by clicking here.