By Garra - 01/07/2022 in Beef

Brazilian beef exports grow 55% in revenue until May

Brazilian beef exports registered a growth of 55.9% in revenue in the first five months of 2022, when compared to the same period in 2021, according to the Brazilian Beef Exporters Association (ABIEC).

From January to May this year, sales revenue reached USD 5.06 billion, against USD 3.24 billion in the same period of the previous year.

In volume, there was a 25% increase, from 710,000 tons to 887,300 tons. During the same period, the average price of the protein grew by 24.7%, from USD 4,500 per ton to USD 5,700 per ton.

“This shows that Brazilian beef is gaining value in the international market and that Brazil is consolidating itself as an important trading partner for the buying countries”, says Antônio Jorge Camardelli, president of ABIEC.

So far, in 2022, Brazilian beef has been exported to 130 countries, with China being the biggest buyer (USD 2.9 billion, up 91.3% when compared to the first five months of 2021). The volume grew 37.9% and stood at 437,400 tons against 317,000 tons.

The second-biggest importer was the United States, with USD 471 million, up 88%. The volume increased 109.8%, to 70,900 tons.

Revenue from shipments to Egypt in the period grew 345% and stood at USD 255.8 million, as a result of the 286.9% growth in volume (66,300 tons).

Shipments to the European Union grew 14.4% in volume, to 28,600 tons, contributing to an increase of 29.4% in revenue (USD 212.8 million).

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