Brazil: Mato Grosso meat sales abroad fall by 10% but are above the average of recent years

Published 2023년 3월 20일

Tridge summary

A recent analysis of revenue and export data has shown a 10.59% decrease in monthly revenue, primarily due to a drop in meat sales to several countries, especially China. The decline is a result of China imposing an embargo on protein certifications, leading to a 14.26% decrease in exports to the country in February compared to the previous month. Despite this, the overall export volume is still 32.73% higher than the average February export volume over the past five years. There are expectations for Chinese purchases to resume later this month.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Revenue followed the same pace and decreased 10.59% in the monthly comparison. The drop in meat sales to customers in several countries was mainly driven by the embargo on protein certifications for China, which took place in the last weeks of the month. The volume exported to the Asian country in February was 14.26% lower than that observed in the previous month. However, despite the reduction in total shipments in the monthly comparison, the volume is still 32.73% above the average exported in February of the last 5 ...

Source: Portal Do Agronegocio