BRAZIL

Pork exports accumulate an increase of 17.6 percent this year

Pork

The Brazilian Animal Protein Association (ABPA) reports that Brazilian pork exports (considering all products, including fresh and processed) totaled 97.8 thousand tons in February, a number that exceeds the total shipped in the country by 24.4%. same period in 2023, with 78.6 thousand tons.

Posted on Mar 10 ,00:15

Pork exports accumulate an increase of 17.6 percent this year

In terms of revenue, pork sales totaled US$ 205.7 million in the second month of this year, a result 11.3% higher than the US$ 184.9 million recorded in the same comparative period last year.

In the two months, the accumulated increase is 17.6% in volumes, reaching 197.5 thousand tons this year, against 167.9 thousand tons recorded between January and February 2023. In the same period, accumulated revenue reached US$ 404.8 million, 1.9% higher than the US$397.7 million obtained in the same period of the previous year.

“There is a new configuration in international sales of pork from Brazil. The prevalence of exports to the Chinese market has been reduced by increased demand from other destinations. Thanks to this, we recorded the best month of February in history, approaching 100 thousand tons for the first time, which is an important indication of the behavior that the sector should maintain throughout this year”, analyzes Ricardo Santin, president of ABPA.

China remains the largest importer of pork from Brazil, with 49.5 thousand tons shipped in the first two months of this year (-32% compared to the previous year). Completing the ranking of the five largest destinations are the Philippines, with 25.7 thousand tons (+208.1%), Chile, with 19.1 thousand tons (+41.3%), Hong Kong, with 18.5 thousand tons (+23.5%) and Singapore, with 11.4 thousand tons (+39%).

"The capillarity of pork exports increased this year. For the first time, even on the rise, sales to Hong Kong were surpassed by two other destinations, the Philippines and Chile, nations from different regions that have been significantly increasing their demand for the Brazilian product", analyzes the ABPA markets director, Luís Road.

The largest exporter of pork in Brazil, the state of Santa Catarina shipped 109.6 thousand tons in the first two months, a volume 18.2% higher than the total recorded in the previous year. Next are Rio Grande do Sul, with 42.2 thousand tons (+6.1%), Paraná, with 23 thousand tons (+6.8%), Mato Grosso, with 5 thousand tons (+49.2%) and Mato Grosso do Sul, with 4.9 thousand tones (+37.6%).

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