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In the face of global economic fluctuations and shifting market dynamics, Mexico’s poultry industry has experienced notable changes. From January to May 2024, the country saw a significant decline in its international chicken imports, reflecting a strategic response to various factors. In this article, we delve into the reasons behind this reduction and explore the implications for Mexico’s poultry sector.
The numbers
According to data from the Grupo Consultor de Mercados Agrícolas (GCMA), Mexico’s chicken meat imports decreased by approximately 6.3% during the first five months of 2024 compared to the same period in 2021. This decline amounted to a total of 354,431 metric tons. While this reduction is substantial, it’s essential to understand the context and contributing factors.
Factors driving the decline
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Several interconnected factors influenced Mexico’s decision to reduce chicken imports:
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