Brazil: Pork shipments total 91.9 thousand tons in March

Published 2024년 4월 8일

Tridge summary

In March, Brazilian pork exports saw a 14% decrease in volume and a 22.5% decrease in revenue compared to the previous year, despite a 5.3% increase in export volume in the first quarter, with a 7.5% decrease in revenue. China remains the primary market for Brazilian pork, though its imports have significantly reduced. Other important markets include the Philippines and Hong Kong, with Santa Catarina being the leading state in exports. The Brazilian Animal Protein Association (ABPA) emphasizes the need for market diversification, highlighting increased sales to high-value markets such as Japan, the United States, Canada, and the Philippines. The ABPA also expects growth in the Philippine market following the recent accreditation of the Brazilian system.

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Original content

Brazilian pork exports (considering all products, including fresh and processed) totaled 91.9 thousand tons in March, reports the Brazilian Animal Protein Association (ABPA). The number is 14% lower than the total shipped in the same period last year, with 106.9 thousand tons. In the same period, revenue generated by shipments totaled US＄192.8 million, a balance 22.5% lower than the balance realized in March 2023, with US＄248.9 million. In the quarter, pork exports totaled 289.4 thousand tons, a volume 5.3% higher than that recorded between January and March 2023, with 274.8 thousand tons. In the same comparative period, the balance of exports reached US＄ 597.7 million, a number 7.5% lower than that recorded in the first three months of last year, with US＄ 646.3 million. “Despite the specific decline in March, total shipments for the year remain at levels above those recorded in the same period last year. It is an important indication of the maintenance of positive perspectives ...

Source: Portal Do Agronegocio