Tridge summary
In 2022, Brazil achieved a significant milestone in its beef exports, witnessing a 40.8% increase compared to the previous year, reaching 2.3 million tons with a value of US$ 7.9 billion. China continues to be the largest consumer of Brazilian beef, followed by the European Union, Philippines, and the United Arab Emirates. The success of Brazil's beef exports is largely due to the quality of the product, its competitive pricing, and the country's position as a key commercial partner. This growth is also attributed to Brazil's historical investment in technology, which has enhanced both productivity and product quality. Projections suggest that exports will surpass three million tons between 2025 and 2030, but the industry will need a 35% increase in production and a 45% increase in average productivity to meet demand.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Considered the largest exporter of beef on the planet, according to data from the Brazilian Association of Meat Exporters (Abiec), Brazil closed the year 2022 on a high in this market. According to updated data from Abiec, Brazilian beef exports rose 40.8% between January and December 2022 compared to the same period in 2021. According to the association, the accumulated volume shipped for the year reached 2.3 million tons, 22.6% higher than the volume registered in 2021: 1.8 million tons. The projection is that exports will exceed the mark of three million tons between 2025 and 2030. According to data from the Association, in the first half of 2022 alone, Brazil sold beef to 132 other nations. The data shows that Brazilian meat has been occupying a prominent space in international trade. Specialized institutions point to the quality of the national product and the positioning of Brazil as an important commercial partner of other nations and not as a competitor as the main reasons ...
Source: Opresenterural
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