Thailand’s chicken meat output to fall on lower demand
October 12, 2020 - Broiler chicken meat production is expected to decline 1-2 percent in 2020 due to the economic recession brought on by the COVID-19 pandemic, according to USDA GAIN report.
Domestic consumption of chicken meat declined significantly in the second quarter of 2020 due to reduced foreign tourists. Domestic consumption also shrank from the overall loss of income of consumers.
Thailand did see a slight increase in chicken meat exports in 2020 but not enough to offset the decline in domestic consumption. Broiler chicken meat production in 2021 is forecast to increase 2-3 percent in line with a gradual economic recovery driven by an expected increase in the number of tourists.
Cooked and uncooked chicken meat export growth is also expected to continue in 2021. The Chinese government is anticipated to increase the number of approved export facilities in Thailand, which will help drive the growth of broiler chicken production in 2021.