Brazil: Beef exports from Mato Grosso increase by 37% in 2022

Published 2022년 12월 22일

Tridge summary

Mato Grosso has seen a 37.85% increase in beef exports from January to November 2022 compared to the same period in 2021, with a record volume shipped in the third quarter. In November alone, 50.8 thousand tons in carcass equivalent were exported. China and Hong Kong account for 66.3% of these shipments, but their demand has led to a 38.7% decline in revenues in November. However, the start of the World Cup games has seen an increase in imports by Middle Eastern countries Egypt and Qatar by 61.4% and 63% respectively.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Mato Grosso continues to be one of the largest beef exporting states, with record volumes shipped in the third quarter of this year. From January to November 2022, there was an increase of 37.85% compared to the same period in 2021, precisely because of the good result in the third quarter of 2022. In the month of November alone, a total of 50.8 thousand tons in carcass equivalent (TEC) were shipped. China, added to Hong Kong, concentrates 66.3% of the share of shipments. The data are from the bulletin of the Mato-Grossense Institute of Agricultural Economics (Imea) this week. The Asian giants have been putting pressure on the price paid for Brazilian beef in recent months, which led to a 38.7% decline in revenues in November, totaling US$ 134.94 million. However, with the ...

Source: Opresenterural