Brazil

Brazilian pig exports up 27%

Pork

China remains the main market and the current ASF situation may keep the trend for the rest of the year.

Posted on May 26 ,10:46

Brazilian pig exports up 27%

Brazilian pig meat exports have jumped 27% in volume for the first 4 months of the year, reaching 390,000 tonnes. China has increased its demand for Brazilian pork by 40% compared with the same period last year, reaching a share of almost 50% in shipments. Other increases in trade came from Brazil’s closest South American neighbours, and volumes to Angola also rose.
So far, Brazilian pork exports are covering 30% of the domestic production. Nevertheless, increased demand from China may trigger an inflationary effect on the domestic market, which in the end will lead to more and more shipments diverted to China and aggressive competition between suppliers in this market. "Continued weakness in Brazil’s currency, the real, will have two effects: further improving the competitiveness of Brazilian product on world markets, and increasing domestic prices, eroding demand at home. Although rising in volume by 27% in the first four months of 2021, price rises meant the total value of exports rose by 52%. As Brazil’s export demand represents only about 30% of its production, volumes available to ship are particularly sensitive to domestic demand,", commented Duncan Wyatt, AHDB's Lead Analyst - Red Meat.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

GERMANY

Vion strengthens demand-driven chain concept Good Farming Balance for the future

Ever since Vion introduced Good Farming Star in 2010, the company has been at the forefront of bu...


Read more Read more
DENMARK

Danish Crown becomes co-owner of promising climate technology

It may sound strange that a burning gas torch at a slurry tank can reduce the climate footprint o...


Read more Read more
GERMANY

Germany: Poultry meat and eggs are produced sustainably and are important for a balanced diet

The recommended amount of meat consumed does not correspond in any way to the national consumptio...


Read more Read more
Websolutions by Angular Software and SpiderClass