Brazilian beef exports fell in the first four months of this year, when compared to the same period of 2022, both in terms of revenue, from US$3,999 million to US$2,882 (-28%), and in volume, from 729 thousand tons to 630 thousand (-12%), as Average prices also fell, from US$ 4,586 per ton to US$ 4,574 (-20%). The information is from the Brazilian Association of Refrigerators (Abrafrigo). The drop in exports can be largely attributed to the decrease in imports by China, Brazil's main beef importer, which reduced the value of purchases from US$2.233 billion to US$1.326 billion (-41%) and the amount of 344 thousand tons to 269 thousand (-20%). The decreases in foreign currency and transactions took place in the four months: January (US$ 485.2 million and 100,164 tons; February (US$ 355.7 million and 72,537 tons); March (US$ 278 million and 55,534 tons and April (US$ 208 million and 40,901 tons).
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Other major importing countries also reduced purchases: • The United States, Brazil's second largest customer, increased from US$436.5 million and 79,198 tons in 2022 to US$333 million (-23.7%) and 75,241 (-5%) in 2023; • Chile decreased from US$ 128.2 million and 25,757 tons in 2022 to US$ 120 million (-6.4%) and 25,431 (-1.3%) in 2023. • To complete, Egypt fell from US$ 211.4 million and 55,273 tons in 2022 to US$ 117.6 million (-44.4%) and 33,071 tons (-40.2%) in 2023. In the global calculation of beef purchases from Brazil, while 65 countries had increases, another 74 decreased. The case of mad cow disease detected in Pará, on February 23, consummated the suspension of Brazilian beef exports for practically a month. Through its network of embassies, the Ministry of Foreign Affairs (MRE) monitors to prevent countries from improperly embargoing their borders for access to Brazilian beef. The mark for this year, 2023, tends to be a large supply of beef, surpassing nine ...