The Venezuelan poultry industry is recovering from years of decline, with production increasing significantly since 2018. Recent statistics showcase remarkable growth in both chicken and egg consumption. While challenges such as hyperinflation and import issues persist, projections indicate continued expansion, including potential exports to Caribbean nations.
The Venezuelan poultry industry is experiencing a notable resurgence following years of decline. Historically significant in the region since the early 1990s, Venezuela’s poultry sector faced severe challenges as economic struggles led to decreased production, limited access to foreign currencies, and diminished consumption of chicken and eggs. However, positive changes have begun to surface in recent years.
At last year’s National Poultry Congress (Fenavi Venezuela), a resurgence was evidenced by the presence of numerous companies promoting their products. After reaching a low of only 209,181 metric tons (MT) of chicken production in 2018, figures have more than doubled, currently standing at 477,627 MT/year, although a significant decrease from 1.2 million MT in 2013. Notably, per capita egg consumption rose from 108 to 170 eggs, marking a 57% increase in just two years, while chicken consumption grew from 17.14 kg to 21 kg, a rise of 22.5%.
As preparations for the WATT Poultry International April 2025 edition commenced, the growth of local companies in production was unexpectedly promising. Nevertheless, the industry continues to face challenges such as hyperinflation, and competition for yellow corn import permits, alongside concerns such as potential decreases in consumption and population. The implications of possible tariffs on Venezuelan oil exports from the U.S. could further complicate the industry’s trajectory.
Despite these obstacles, projections indicate a 36% increase in production by 2025, with aspirations to expand exports to Caribbean nations. The Venezuelan poultry industry is indeed growing quietly, warranting closer observation from stakeholders and analysts.
In summary, the Venezuelan poultry industry, long overshadowed by economic turmoil, is demonstrating significant growth and resilience. Key indicators such as increased production and consumption metrics reflect a turnaround that may pave the way for future expansion, including potential export opportunities. However, ongoing economic challenges remain serious concerns that could impact the industry’s trajectory moving forward.
Original Source: www.wattagnet.com
