Brazil: Pork production drops 1% in the first quarter of 2024

Published May 24, 2024

Tridge summary

Brazil's pork production experienced a slight decline in the first quarter of 2024, decreasing by 1% to 1.28 million tons compared to the same period in the previous year, as per IBGE data. Despite this, exports saw a positive trend, with a 2% increase to 155,000 tons in the same quarter, thanks to increased demand from countries like the Philippines, Chile, Japan, and Angola. This growth in exports was notable despite a significant decrease in shipments to China, which has recovered its pig herd after the African Swine Fever outbreak.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the first slaughter data released by IBGE for the 1st quarter of 2024, pork production in Brazil showed a drop of 1% in the first three months of 2024 compared to the same period of the previous year. The total meat produced reduced from 1.29 to 1.28 million tons. On the other hand, exports in the 1st quarter of 2024, according to information from Agrostat/MAPA, registered an increase of 2% in relation to the same period in 2023. The increase in exports in the period analyzed occurred because Brazil's important trading partners increased their purchases, as is the case of the Philippines (+105%), Chile (+24%), Japan (112%) and Angola (+46%), despite the ...
Source: 3tres3
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