Brazil will have 50% growth in meat exports in ten years, study points out

Published 2020년 7월 3일

Tridge summary

A study by the Federation of Industries of São Paulo (Fiesp) predicts a 50% growth in Brazil's animal protein exports by 2029, reaching 10.36 million tons. This includes beef, chicken, and pork, with beef seeing the highest growth at 65%. The increase in meat production is expected to benefit domestic demand and international competitiveness, despite high production costs since 2018. The study also notes the potential impact of political relations and animal disposal rates in the US, Australia, Argentina, and Uruguay on the global meat market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

A study indicates that Brazil will have a 50% growth in the export of animal proteins until the end of the decade. The conclusion is part of the Outlook 2029 survey, prepared by the Federation of Industries of São Paulo (Fiesp) and which brings projections for Brazilian agribusiness. According to the report, the country will increase from 6.9 million tons shipped last year to 10.36 million tons in 2029, adding up the exported volumes of beef, chicken and pork. The segment that would most collaborate in this scenario would be beef, with an increase of 65% in the total shipments in the period, going from 1.95 million tons currently to 3.22 million tons in 2029. Exports of beef and veal chicken, the study predicts, would grow by 44% by the end of the decade, reaching 6 million tonnes, and pork, 45%, surpassing the 1 million ton mark. Meat production, added to all animal categories, would grow 26% by the end of the decade, according to the Fiesp study. In the case of bovine protein, ...
Source: CanalRural

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