Significant increase in Brazilian exports at the beginning of the year

Other Frozen Pork Cuts

Published Mar 15, 2024

Tridge summary

Brazil has seen a significant surge in pork exports in the first two months of 2024, with a 17.6% increase from the same period in 2023, totaling 197,500 tons. Despite lower sales prices, export income rose by 1.9% to 371 million euros, with February 2024 marking a record month of nearly 100,000 tons exported. While China remains the largest customer, demand from other countries like the Philippines, Chile, Hong Kong, and Singapore has grown. The state of Santa Catarina accounted for 55% of Brazil's total pork exports.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

In Brazil, the growing trend in pork exports continues. After ending last year on a positive note, Brazilian exporters have increased their pork exports at the beginning of 2024. In January and February of this year, 197,500 t of pork were exported (considering all products, including fresh and processed ), almost 17.6% more than in the first two months of 2023, where exports were 167,900 t, according to data from the Brazilian Animal Protein Association (ABPA). Due to lower sales prices, export income in those months increased more moderately, specifically by 1.9%, to the equivalent of 371 million euros. Last February was the best in the history of Brazilian pork exports, reaching almost 100,000 tons, specifically 97,800 tons. Exports rose by 24% compared to February 2023. On the other hand, it should be noted that there is a new configuration in international sales of pork from Brazil. The prevalence of exports to the Chinese market has been reduced by the increase in demand ...

Source: Agrodigital