The Venezuelan poultry industry is experiencing a transformation, recovering from past downturns with significant increases in production and per capita consumption. The recent National Poultry Congress highlighted the sector’s revival, projecting a 36% production increase in 2025 and potential exports to the Caribbean. Despite facing challenges like hyperinflation and import permit difficulties, the industry shows promising growth prospects.
In recent developments, the Venezuelan poultry industry shows signs of growth and revitalization after enduring significant challenges over the years. Historically, Venezuela was a key player in the Latin American poultry sector during the 1990s. However, an economic downturn saw a decline in poultry production due to various issues, including reduced access to foreign currencies and raw materials, resulting in lower chicken and egg consumption rates within the region.
Positive signs emerged at last year’s National Poultry Congress (Fenavi Venezuela), where numerous companies showcased their brands and products. Following a significant contraction in 2018, when chicken production hit a low of 209,181 metric tons, current figures have more than doubled to 477,627 metric tons annually. Notably, per capita egg consumption rose from 108 to 170 in just two years, while chicken consumption climbed from 17.14 kg to 21 kg during the same period.
As preparations for the WATT Poultry International April 2025 edition progress, it has been observed that local companies have significantly upped their production levels. Nonetheless, the poultry industry in Venezuela faces ongoing challenges, including hyperinflation around 90% annually that may adversely affect consumption levels. Additionally, producers are struggling to obtain yellow corn import permits, which could further impede growth as the population continues to diminish.
Despite these hurdles, there remains optimism within the sector, with expectations of a 36% production increase in 2025. The industry is even exploring opportunities for exporting poultry products to Caribbean nations. Overall, the Venezuelan poultry industry is quietly growing and warrants attention for its developments and potential.
The Venezuelan poultry industry is demonstrating remarkable resilience and growth despite historical economic adversities. With significant increases in production and consumption rates, there is cautious optimism regarding its future. As the industry combats challenges such as hyperinflation and import restrictions, strategic efforts towards production expansion and potential exports showcase its quiet growth trajectory.
Original Source: www.wattagnet.com
