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Opportunities for Growth
- Consumption Growth
The consumption growth over the period 2005 - 2010 is estimated at
2 - 2.5% per annum, i.e. an increase of 5,000 - 10,000 MT of poultry
meats. In addition, a greater part of this will be in marketing and
value added products.
- Production Capacity
The meat, feed and egg processing plants of the region all have some
surplus capacity to support volume growth in the short to medium term.
However between 10 - 15 m USD per annum over 10 yeas will be needed
to support efficency gains, to upgrade the housing stock, and processing
technology to produce value added products.
- Backward Integration
There are several opportunities to improve competitiveness and food
security through backward integration
- Feed
It is estimated that are the equivalent of some 25,000 acres of
corn in Belize and 24,000 acres of rice in Guyana and Suriname are
producing approximately 15% of the regions feed grain requirements.
It is felt that there is some opportunity to increase the amount
of locally produced feed stuffs.
- Hatching Eggs
Approximately 20% of the hatching egg requirements of the region
are grown locally and another 20% is grown by CPA members in the
USA. While the industry has been hesitant to venture into hatching
egg production because of the high risk, it is likely that local
production of hatching eggs will increase in the medium to long
term.
- Trade
The industry is exploring opportunities to carefully increase regional
trade from the current levels of less than 1% of local production,
focusing on value added products, and displacing imported primary
product.
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