USDA: By 2023, Brazil will account for around 25% of world meat exports

Published 2022년 10월 17일

Tridge summary

The US Department of Agriculture forecasts a rise in Brazil's meat exports in 2023, with chicken exports expected to see the largest increase due to production challenges in competitors like Europe and North America. Brazil's beef is predicted to account for about 25% of global exports, primarily to China, while pork exports are anticipated to make up approximately 10% of the global total, with China, South America, and Southeast Asia as the main markets. Overall, world meat exports are projected to reach around 37 million tonnes.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Maintaining the position of world leader in the export of chicken and beef and the fourth largest exporter of pork in the world, in 2023 Brazil should increase foreign sales of the three meats. The forecast by the US Department of Agriculture (USDA) is a 4% increase in chicken exports (4.8 million/t), a 1% increase in beef (2.975 million/t) and about 3 % in pork (1.335 million/t). As, in its projections on chicken meat, the USDA disregards exports of chicken feet/paws, the volume forecast for Brazil should exceed 5 million tons. Regardless of that, it will be the biggest increase among the three meats, a fact determined not only by the competitiveness of the product and the strong market demand, but also by the production challenges faced by the main competitors. In this regard, the outbreaks of Avian Influenza in Europe and North America, the increase in energy costs in the European Union and the effects of the war, with a fall in Ukrainian production and a reduction in ...
Source: Avistie

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