Brazil red meat exports down 14% in March – ABPA


Red meat exports totalled 91.9 thousand heaps


calendar icon 17 April 2024

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Brazilian red meat exports, together with recent and processed, totalled 91.9 thousand heaps in March, in keeping with the Brazilian Animal Protein Affiliation (ABPA). 

Shipments are 14% less than the overall shipped in the similar duration closing yr, with 106.9 thousand heaps.

In the similar duration, income generated via shipments totaled US$192.8 million, a steadiness 22.5% less than the steadiness learned in March 2023, with US$248.9 million.

Within the quarter, red meat exports totalled 289.4 thousand heaps, a quantity 5.3% upper than that recorded between January and March 2023, with 274.8 thousand heaps. In the similar comparative duration, the steadiness of exports reached US$597.7 million, a host 7.5% less than that recorded within the first 3 months of closing yr, with US$646.3 million.

“Regardless of the particular decline in March, overall shipments for the yr stay at ranges above the ones recorded in the similar duration closing yr,” mentioned Ricardo Santin, president of ABPA. “It’s a very powerful indication of the upkeep of certain views for the yr, particularly with the consolidation of not too long ago opened or expanded markets for Brazil.”

The primary vacation spot for exports within the sector, China imported 19.3 thousand heaps in March, a quantity 46.8% less than the overall shipped in the similar month of 2023. Subsequent are the Philippines, with 14.6 thousand heaps (+54, 8%) and Hong Kong, with 7.4 thousand heaps (-44%).

Some of the exporting states, Santa Catarina stays within the lead, with 53.9 thousand heaps shipped in March (-6.2%), adopted via Rio Grande do Sul, with 18.7 thousand heaps (-27.8%) and Paraná , with 10.2 thousand heaps (-31.6%).

“Red meat shipments were experiencing comparative will increase of over 100% in gross sales to top value-added markets, similar to Japan, the US, Canada and the Philippines,” mentioned Luís Rua, ABPA marketplace director.

“It’s a very powerful growth of the diversification of export locations, at a time when China has been buying smaller volumes from its providers,” he added. “In relation to the Philippine marketplace, which is already the second one biggest importer, we think to peer much more expressive numbers within the coming months, after the new established order of the accreditation of the Brazilian machine via the government of the Asian nation.”



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