Pork exports from Brazil fall in 2022 despite reaction in December

Published 2023년 1월 9일

Tridge summary

Brazil's pork exports in 2022 fell by 1.4% to 1.12 million tonnes, generating revenue of $2.572 billion, a decrease of 2.6%, due to a decline in shipments to China in the first half of the year. However, there was a notable increase in December, with pork sales rising by 14.6% to 102.8 thousand tons, driven by a 79.6% surge in imports by China. Despite the overall decline, the quarterly average of exports in volume in the latter half of 2022 hit a record high, supporting a performance similar to 2021, a record year for the sector. The exports helped alleviate the pressure of high production costs.

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

Original content

SAO PAULO (Reuters) - Total pork exports, including fresh and processed products, reached 1.12 million tonnes in 2022, down 1.4% year-on-year, despite a reaction in shipments to China in December, said the Brazilian Association of Animal Protein (ABPA) this Monday. In revenue, the retreat was 2.6% to 2.572 billion dollars, according to the data. After negative performances mainly in the first half, motivated by the reduction in the appetite for purchases from the main destination of Brazilian protein, China, shipments reacted at the end of last year. According to ABPA, foreign sales of pork from Brazil totaled 102.8 thousand tons in December, a volume 14.6% higher than that registered a year earlier, with revenue 32.5% higher. China alone imported 53.5 thousand tons in December, a volume 79.6% greater than that carried out in the same period of 2021. The result of pork exports in 2022 came in line with the entity's expectations, released in December. The president of ABPA, Ricardo ...

Source: Mixvale