Brazil shipped 90.7 thousand lots of red meat in March
19 April 2024
1 minute learn
After registering a just right efficiency in February, the quantity of red meat meat exported through Brazil and the earnings got with gross sales to the global marketplace dropped considerably in March and had been at their lowest since February 2023, in keeping with a up to date marketplace document from Cepea.
In keeping with information from Secex, Brazil shipped 90.7 thousand lots of red meat meat in March, 6.3% lower than in February/24 and 14.3% beneath the quantity verified in March 2023. Nonetheless, within the first quarter of this yr, exports totaled 286 thousand lots, 5.3% extra in comparison to the similar duration remaining yr and a file for the duration, taking into account Secex sequence, which has began in 1997.
The earnings, in flip, amounted BRL 953.2 million in March 2024, downing 6% relating to February and 25.9% in opposition to March/23. Within the first quarter of this yr, Brazilian exporters gained BRL 2.9 billion, for a lower of eleven.8% in comparison to that registered in the similar duration of 2023.
The decrease quantity shipped in March is related to the call for lower from primary importers in Asia, similar to China (-26.6% from February to March) and Singapore (-22.9%). Mexico additionally diminished its call for from Brazil. After completing 2023 a number of the 11 largest importers of the Brazilian red meat meat, the rustic bought most effective 25 lots within the first quarter of 2024.