Brazil: Meat foreign exchange revenue increased by more than 15% in 2021, approaching US$20 billion
Meat
Brazil
Published Jan 27, 2022
Tridge summary
The temporary impossibility of accessing the Chinese market (which lasted another 100 days and was only suspended at the beginning of the second half of last December) left wounds in 2021 beef exports: the volume of in natura product shipped dropped by almost 10% in the year , a result slightly minimized by the industrialized product. Thus, in total exports, the volume of beef was 8.26% lower than in 2020.
Original content
Pork and chicken also faced challenges, mainly related to transport logistics. But pork, with an increase of 10.70% in the volume shipped, suffered a deceleration compared to 2020, a year in which its exports increased by more than 35%. Chicken meat reversed the fall faced in 2020 (1.2% less), increasing the volume exported by 8.33%. The year 2021 was marked by the recomposition of food prices, including meat. But while beef and chicken had significant price gains – from 18.27% to beef; 15.44% for chicken – pork, as an effect of the significant increase in Chinese production, had a much smaller gain, of only 4.87%. Regardless, however, of the performance in terms of volume or price, meats generated significant foreign exchange revenue for the country. In the year, it increased 15.74%, ...
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