Vietnam frozen poultry, pork imports rise 20%-30%

Imports of frozen meat, particularly poultry and pork, have increased by 20% to 30% in Vietnam as prices on the country's domestic market have increased. In April, 8,219 metric tons of poultry meat and 456 metric tons of pork were imported, two to three times higher than typical numbers, according to the Ho Chi Minh City Sub-Department of Animal Health.
The price of imported meat has increased alongside domestic meat, but global prices have not, resulting in significant profits for importers. With taxes and other expenses, the global price for frozen chicken wings is VND65,000 (US$3.14) per kilogram. A kilogram of imported chicken wings, however, is being sold for VND90,000 (US$4.35). Similarity, the cost of a kilogram of imported pork is about VND60,000 (US$2.90) including tax and other expenses, while its retail price in the domestic market is VND70,000-80,000 (US$3.38-$3.87) per kilogram. Imported meat is roughly VND10,000 (US$0.48) cheaper than domestic prices.

Egypt poultry imports down 60% in March

Egypt experienced a 60% decline in the import of frozen poultry, from 10,000 tons to 4,000 tons, during the month of March, according to Egyptian importers.
A 30% rise in shipping costs, increased security risks in the Middle East, increased bank fees and the increased value of the U.S. dollar, on top of global increases in prices, have all contributed to the issue, said Khalid Fathallah, vice chairman of the Alexandria Chamber of Commerce. 
Other meat imports declined in March to 6,000 tons compared to a normal monthly average of up to 20,000 tons (a 70% decline), according to Ahmed Sakr, an Egyptian importer. Global price hikes have affected the local market, bringing the price of one kilogram of Brazilian meat to around LE30 (US$5.03), as compared to LE23 (US$3.86) in late 2010.