Brazil's beef exports were extremely bulky in 2022

Published Jan 26, 2023

Tridge summary

Beef exports have rebounded, with a 22.7% increase in volume to 2.263 million tons, according to trade data. This follows a dip in 2021 after consistent annual growth from 2017. The growth rate for 2023 is projected to be around 5%, similar to the USDA's conservative estimate of a 1% increase.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Data collected from the foreign trade data system indicate that there was a strong recovery in the volume of beef shipped after the decline seen in the previous year. The volume shipped reached 2.263 million tons, representing a significant increase of 22.7%. The history of recent years points out that after starting annual growth from 2017 and surpassing the 2 million level in 2020, exporters were unable to sustain growth and the volume shipped fell 7.4% in 2021. last year the result is an increase of 12.7% in 2 years or 46.8% in 8 years, meaning an average annual growth of almost 5%. It is the same growth rate predicted for 2023 according to CONAB, ...

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