Poultry exports decline in Paraguay

As of the end of the first quarter of 2024, Paraguay has experienced a significant drop in poultry exports. Despite this challenging situation, local poultry producers maintain optimism and are working tirelessly to explore new markets.

According to the latest report from the National Service for Quality and Animal Health (Senacsa), poultry exports have declined by over 30% in terms of volume compared to the same period last year. Additionally, the country’s revenue from poultry exports has decreased by nearly 20%. In concrete terms, from January to April 2024, Paraguay exported 2,954 tons of poultry meat, giblets, and offal, generating USD 3,340,722. In contrast, during the same period in the previous year, the country exported 4,240 tons, earning USD 4,035,513.

The primary market for Paraguayan poultry products has been Iraq, accounting for 21% of the total exports. Albania follows closely with 20%, while Kosovo holds the third position with 10%. Other markets, including the Bahamas, Mozambique, Cuba, Guinea, and Ghana, make up the remaining share of exports.

Challenges and the road ahead for Paraguayan poultry producers

While optimism prevails, challenges remain. The cost of freight and transportation continues to impact the poultry industry’s competitiveness. Producers are keenly aware of the need to address these challenges to ensure sustainable growth and profitability. As they navigate the complexities of international trade, they remain committed to finding innovative solutions and expanding their reach to new markets.

In conclusion, the decline in poultry exports is a concern, but the resilience and determination of Paraguayan poultry producers offer hope for a brighter future. By capitalizing on opportunities and addressing challenges, they aim to revitalize the industry and contribute to the country’s economic growth.

Source: AviNews

Sharing is caring!