Brazil: World Cup makes Arabs increase meat stock

Published 2022년 11월 28일

Tridge summary

The 2022 FIFA World Cup in Qatar saw a significant surge in Brazilian meat sales, particularly chicken and beef, to the Gulf Cooperation Council (GCC) countries. A survey by the Arab-Brazilian Chamber of Commerce revealed that chicken exports to GCC nations, including Saudi Arabia, Bahrain, Qatar, UAE, Kuwait, and Oman, surged by 37.14% to $2.059 billion from January to October 2022. Beef exports also rose by 30.87% to $459.53 million. Qatar experienced the highest growth in poultry exports, with a 66.71% increase, and Kuwait saw the highest growth in beef imports, with a 91.27% increase. The surge in Brazilian meat sales is attributed to the World Cup, the Club World Cup in the UAE, Formula 1 races, and the resumption of pilgrimages to Saudi Arabia, which attracted millions of tourists and boosted hotel and food sales. Overall, Brazil's exports to the 22 countries of the Arab League increased by 25.71% to $14.47 billion.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The presence of around one million foreign fans in the Gulf countries to watch the World Cup in Qatar gave an important boost to Brazilian meat sales. According to a survey by the Arab-Brazilian Chamber of Commerce, chicken exports to Saudi Arabia, Bahrain, Qatar, the United Arab Emirates, Kuwait and Oman, which are part of the bloc known as the Gulf Cooperation Council (GCC) and host tourists for the World Cup, advanced 37.14% between January and October 2022, to US$ 2.059 billion. Beef sales to the CCG grew 30.87%, totaling US$ 459.53 million. Qatar, host country of the World Cup and the one that received the most tourists, recorded the highest growth in poultry exports. Chicken sales to the country rose 66.71% in the period, to US$ 177.98 million. The data also indicate that shipments rose in the months leading up to the World Cup. In July, August and September, Brazil sent an average of 11,580 tonnes of chicken per month to Qatar. Between January and June, the average was 7.99 ...

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