Brazilian pork exports up 4.1% in 2024 - ABPA

Published 2024년 7월 11일

Tridge summary

Brazil's pork exports have seen a record first half of the year, with a total of 613.7 thousand tons shipped, marking a 4.1% increase from the same period last year. Despite generating 8% less revenue, at US$ 1.300 billion, the shift in exports has seen a decrease in shipments to China, with the country now accounting for less than half of Brazil's pork exports. The Philippines and Japan have emerged as the largest importers, with the Philippines seeing a significant 65.3% increase in imports. Other growing markets include Chile, Singapore, and Peru. Santa Catarina remains the leading pork exporting state in Brazil.

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

Original content

Brazilian pork exports, including fresh and processed, recorded the best first half of the year in history, with a total of 613.7 thousand tons shipped between January and June, according to a recent market report from the Brazilian Animal Protein Association (ABPA). This figure exceeds the total shipped in the same period last year by 4.1%, with 589.8 thousand tons. In revenue, pork exports totalled US$ 1.300 billion in the same comparative period (January to June), a number 8% lower compared to 2023, with US$ 1.413 billion. International pork sales totalled 107.1 thousand tons in June, 1.4% lower than the total exported in the sixth month of 2023, with 108.6 thousand tons. Revenue generated in the period reached US$235.3 million, 11% lower than the total exported in the previous year, with US$264.3 million. “In this first semester we saw a redesign of pork exports from Brazil. Previously responsible for more than 50% of our exports, shipments to China have declined and been ...

Source: Thepigsite