Algeria is among the importers of meat from Brazil

Published Oct 14, 2024

Tridge summary

Algeria has emerged as one of the top 20 importers of Brazilian beef in 2020, with acquisitions surging from nearly nothing in the previous year, as per the Brazilian Meatpacking Association (Abrafrigo). Brazil's beef exports experienced a significant 33.7% rise in volume and a 21% increase in revenue from January to September compared to the same period in 2019. The UAE also escalated its beef imports from Brazil by 162%, leading to a 168.3% increase in revenue. China remained the primary buyer of Brazilian beef, followed by the US, with Mexico and Turkey showing notable growth in imports. From January to September, Brazil exported 2.3 million tons of beef, earning US$ 9.39 billion. September saw a record in exports with a 30% increase, shipping 319 thousand tons and generating US$ 1.287 billion in revenue.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Algeria entered the list of the 20 largest importers of beef from Brazil this year, according to information released this Monday (14) by the Brazilian Meatpacking Association (Abrafrigo). Brazil increased its overall volume of meat exports by 33.7% from January to September compared to the same period last year and achieved a 21% increase in revenue from sales. The increase in purchases from some countries, including the Arab countries Algeria and the United Arab Emirates, contributed to the performance of Brazilian exports. Algeria was among the countries that went from practically zero in acquisitions last year to being on the list of the largest importers this year. The Arab country in Africa acquired 34.2 thousand tons in the first nine months of this year. The Emirates were in third place in the ranking of buyers. They imported 120.7 thousand tons from January to September this year, compared to 40 thousand in the same months of 2023. In other words, there was growth of ...

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.