High pork prices in China led to higher revenues from Brazilian protein exports in December/22

Published 2023년 1월 2일

Tridge summary

Brazil's Foreign Trade Secretariat reported a significant increase in fresh, frozen pork meat exports in December 2023, with revenue surging by 32.12% to US$ 236,441,649, up from December 2021, and volume increasing by 15.7% to 92,540.191 tons compared to the same period. The monthly total for pork exports in December was 49.2% higher than November, driven by a substantial increase in demand from China due to a pork price surge in the country. The daily average invoicing also saw a 38.1% increase compared to December 2021, although there was a slight decrease from the previous week. The price per ton of pork meat exported in December was 14.2% higher than the previous year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to information from the Foreign Trade Secretariat (Secex) of the Federal Government, released this Monday (January 2), exports of fresh, frozen pork meat in the 22 working days of December recorded a strong increase in revenue both in relation to December 2021 to November 2022. Revenue obtained from meat exports up to the end of the month, US$ 236,441,649, increased by 32.12% over the amount obtained in December 2021, which was US$ 178,950,681. In the case of volume shipped, the 92,540.191 tons are 15.7% more than the total registered in December of last year, amounting to 79,983.059 tons. Compared to the previous month, the US$ 236,441,649 raised with pork exports in December represents an increase of 49.2% compared to the total registered in November, US$ 158,412,124. About the volume, the 92,540.191 tons shipped in December represent an increase of 9% over what was computed in November, amounting to 84,881.911. According to the market analyst at Agrifatto Consultoria, ...

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