USDA projections indicate growth of more than 31% in pork exports from Brazil until 2032

Published 2023년 3월 23일

Tridge summary

Brazil's pork production has seen a significant increase and is projected to surpass Canada's exports, making it the third-largest pork exporter in the world by the end of the decade, according to the USDA. This growth is due to a decrease in pork production in the European Union and the United States, along with African swine fever affecting China, a major importer. Brazil's export participation is expected to rise from 11.1% in 2021 to 14.8% in 2032.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The production of national pork, considering the slaughter surveys carried out by the IBGE, showed significant growth in the last two decades. In a previous article made available by SuiSite, the possibility of allocating a large part of the volume produced to the foreign market was analyzed. Forecasts made by the USDA through its agricultural projections committee showed – October last year – that in the last year of the present decade Brazil tends to surpass Canada’s exports, confirming itself as the third largest exporting country, behind only the European Union and United States. This position will consolidate in the following years, culminating in an estimated volume of 1.740 million tons exported in 2032, meaning a significant increase of 31.6% over the total shipped in 2021. Although more improved biosecurity measures are implemented to reduce African swine fever (ASF) outbreaks in China, the main importer and consumer of pork, ASF tends to remain a source of risk in the ...

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