Tridge summary

Brazilian pork exports saw a 10% increase in volume and a 25.4% increase in revenue in February compared to the same month in 2022, according to the Associação Brasileira de Proteína Animal (ABPA). The first two months of 2023 saw a 14.9% increase in pork sales and a 28.9% increase in revenue compared to the same period in 2022. China is the largest importer of Brazilian pork, followed by Hong Kong and Chile. ABPA anticipates a more than 10% increase in exports throughout 2023, fueled by recent market openings and resumed pork sales to China.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Surveys by the Associação Brasileira de Proteína Animal (ABPA) show that Brazilian exports of pork (considering all products, between fresh and processed) totaled 78.6 thousand tons in February, a volume 10% higher than that registered in the second month of 2022 , with 71.5 thousand tons. In revenue, the comparative high reached 25.4%, with US$ 184.9 million in February 2023, against US$ 147.4 million in the second month of last year. Already in the first two months, sales of pork accumulated an increase of 14.9%, with 167.9 thousand tons this year, against 146.1 thousand tons in 2022. With this, the revenue obtained in dollars reached US$ 397.3 million, a number 28.9% higher than the effective one in the same period of 2022, with US$ 308.3 million. "The numbers for the first two months are in line with ABPA projections, which indicate a possible increase of more than 10% in exports throughout 2023, which should be reinforced by recent market openings. This is the case, for ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.