Brazil

Revenue from Brazilian beef exports grows 52% in the first half of 2022

Beef

Brazilian beef exports registered a growth of 52% in revenue in the first six months of 2022 compared to the same period in 2021. The data were collected by the Secretariat of Foreign Trade and released by the Brazilian Association of Exporting Industries of Meat (Abiec).

Posted on Jul 11 ,04:40

Revenue from Brazilian beef exports grows 52% in the first half of 2022

From January to June, sales revenue reached US$ 6.2 billion, compared to US$ 4.08 billion in the same period of the previous year. In volume, the increase was 21.5%, from 874 thousand tons in 2021 to 1.06 million tons until June this year. In the same period, the average price of protein grew 25.1%, from US$ 4,600 per ton to US$ 5,800 per ton. “The numbers show that Brazilian beef is gaining more and more space in international trade, thanks not only to the quality of our product, but also to the positioning of Brazil as an important trading partner for other nations and not as a competitor”, explains Antônio Jorge Camardelli, president of Abiec.

The revenue obtained from shipments in the month of June was the best in the historical series, since 1997, with US$ 1.14 billion. In comparison with June 2021, the increase in revenue was 36.8%, compared to the US$ 835 million registered in the same month of last year. When looking at the volume, the increase was 6.6%, from 164 thousand tons to 175 thousand tons. In comparison with May 2022, there was an increase of 5.4% in revenue, which was US$ 1.08 billion in the previous month.

In the first half of 2022, Brazil exported beef to 132 countries, with the main buyers being China, with US$ 3.6 billion, an increase of 86% compared to US$ 1.96 billion registered in the same period in 2021. In the same period, the volume grew 35.3% and stood at 540 thousand tons compared to around 400 thousand tons.

Following are the United States, with sales of US$ 530 million in the semester, up 67% compared to the US$ 317 million registered in the same period in 2021. The increase in volume was 83%, with 78 thousand tons compared to 42 6 thousand tons.

Shipments to the European Union grew 35% in revenue, with US$ 281 million compared to US$ 207 million, while the volume shipped increased 16.4% and ended the period with 36,500 tons compared to 31,000 tons in 2021.

Revenue from shipments to Egypt in the period grew 268% and stood at US$ 274 million against US$ 74.4 million, as a result of the 232.7% growth in the volume of meat shipped, which went from 21,300 tons to almost 71 thousand tons.

Shipments to Israel also registered a 73.4% increase in volume, which went from US$ 74.8 million in the first half of 2021 to US$ 129.8 million in 2022. In volume, there was an increase of 50%, from 14,796 tons to 22,213 tons.

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