For analyst, Brazil could break records again in 2024

By Nayara Figueiredo - São Paulo

Despite slow Chinese purchases, falling prices and cases of bird flu around the world, Brazilian meat exporters managed to end 2023 with record volumes in exports of beef, pork and chicken proteins.

Revenues did not grow in all cases, but the outlook is for a favorable market in this new year.

Pork shipments, including fresh and processed products, totaled 1.2 million tons in 2023, reaching an all-time high, according to the Brazilian Animal Protein Association (ABPA). Volume was 9.8% higher than the previous year, despite sales to China having decreased.

Revenue from pork exports grew by 9.5%, to US$ 2.8 billion, also a record. According to the entity, the diversification of export destinations made a difference in the result, especially with shipments to countries in Asia and the Americas.
“With the opening of new markets for Brazilian pork and good expectations regarding the behavior of traditional destinations for Brazilian products, it is expected that the levels achieved over the past year will be maintained this year”, said Ricardo Santin, president from ABPA.
Another record was that of chicken meat shipments, which increased by 6.6% in 2023, to 5.1 million tons. Revenue growth, more timid, was 0.4%, at US$ 9.8 billion.

SOURCE: https://globorural.globo.com/pecuaria/noticia/2024/01/industria-de-carnes-ve-cenario-positivo-para-exportacoes.ghtml