Brazil: Tilapia prices return to 2022 levels after further declines
Published 2024년 11월 8일
Tridge summary
Tilapia prices in Brazil fell in October, reaching levels similar to 2022 due to an oversupply and reduced domestic demand. Despite these conditions, the country's tilapia exports experienced a significant increase of 8.1% in October compared to September, reaching 1.7 thousand tons. This represents nearly double the exports from the same period in 2023.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
In October, tilapia prices continued their downward trend in almost all regions monitored by Cepea, returning to the levels observed in 2022. According to Cepea researchers, this decline reflects an abundant supply of fish and weakened domestic demand. With high availability in the domestic market, Brazilian exports of tilapia, including fillets and secondary products, showed significant growth. Data from the Secretariat of Foreign Trade (Secex), compiled by Cepea, indicate that, in October, ...
Source: Portal Do Agronegocio
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