Brazilian exports of fresh meat increased in November compared to the same period last year, according to information released by the Ministry of Development, Industry, Commerce, and Services (MDIC).
Exports of beef totaled 187.98 thousand tons in November, an increase of 26.3% compared to the same month last year. The revenue generated from the shipments was USD 863.4 million, compared to USD 777.9 million in November 2022. The average price paid for exported beef continued below last year, at USD 4,593.4 per ton, compared to USD 5,226.7 in November 2022.
Exports of poultry increased by 2.8% to 356.3 thousand tons in the month. The shipments generated revenue of USD 632.1 million for the poultry sector in November, down from USD 717.9 million in November last year.
Export prices for poultry remained lower than a year ago and fell from USD 2,070.7 per ton in November 2022 to USD 1,773.9 last month.
“Several destinations in the Middle East and North Africa have increased their import volumes from Brazil. Algeria, one of the countries in the region, recently opened its market to Brazilian exports, reinforcing Brazil’s role as the world’s largest exporter of halal protein,” says Luis Rua, Market Director of ABPA (Brazilian Association of Animal Protein).
“In turn, China, the country’s main buyer, has been increasing its purchases of Brazilian poultry by 28% this year, in the midst of decreasing Chinese production this year.”
Pork shipments also increased in November, to 91.2 thousand tons, up 7.5% year-on-year. Revenue from exports decreased by 3.9% to USD 208.5 million. The average price per ton of the product was USD 2,286.4 this year, below USD 2,558.5 per ton in November last year.
“With the exception of China, all other importing countries recorded an increase in imports of Brazilian pork this year, confirming a trend of expanding the capillarity of exports and strengthening the presence of the product in high-value-added market destinations, such as Japan, South Korea, and the United States,” analyzes Rua.