Red meat exports decline 14.3% over remaining 12 months’s quantity
22 April 2024
1 minute learn
After excellent efficiency in February, the amount of red meat meat exported through Brazil and the income acquired from gross sales to the world marketplace dropped considerably in March. Gross sales and quantity hit their lowest since February 2023, consistent with a up to date marketplace record from Cepea.
In step with knowledge from Secex, Brazil shipped 90.7 thousand lots of red meat meat in March, 6.3% not up to in February/24 and 14.3% beneath the amount verified in March 2023. Nonetheless, within the first quarter of this 12 months, exports totalled 286 thousand lots, 5.3% extra in comparison to the similar duration remaining 12 months and a report for the duration, bearing in mind Secex sequence, which has began in 1997.
The income, 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 12 months, 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, equivalent 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 greatest importers of the Brazilian red meat meat, the rustic bought most effective 25 lots within the first quarter of 2024.