2023 begins with a drop in the average price of beef exported by Brazil

Published 2023년 2월 13일

Tridge summary

In January 2023, Brazil saw a 7% increase in beef export value and a 17% increase in quantity compared to the same period in 2022, reaching a value of 851.2 million dollars. Despite the increase in volume, the average price per ton fell by 8.6% from the previous year to $4,630. China was the largest buyer, accounting for 41.3% of total beef exports, followed by the United States, which saw a reduction in its purchases, and Chile, which experienced a slight increase in revenue.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Throughout the month of January, Brazil exported 183,817 t of beef for a value of 851.2 million dollars. This has meant 7% more in value and 17% in quantity than in 2022, according to the data provided by Abrafrigo, which has been compiled from the Secretary of Foreign Trade, of the Ministry of Economy of Brazil. The increase in the amount exported has not been matched by the same rise in economic income, which would indicate a reduction in the average price of the ton of Brazilian beef exported compared to the data from the beginning of 2022. In figures, they passed from $5,069 a ton in January 2022 to $4,630 a ton in January 2023, a decrease of 8.6%. Regarding the analysis of destinations, China is the main buyer contributing 329.8 million dollars, 41.3% of the total. After China, the United States was the largest buyer of Brazilian beef, even with a reduction in its ...

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