By Garra - 19/08/2022 in Beef

Revenue from Brazilian beef exports grows 45.5% until July

The revenues from Brazilian beef exports grew 45.5% in the first seven months of 2022, when compared with the same period last year. The data was released by the Brazilian Association of Meat Exporting Industries (ABIEC).

From January to July, sales revenues reached USD 7.41 billion – against USD 5.09 billion registered in the same period in 2021.

In volume, there was a 17.7% increase, to 1.25 million tons, while the average price of protein grew 23.7%, reaching USD 5,900 per ton.

In the first seven months of the year, Brazil exported beef to 159 countries. Among importers, China stands out, with purchases worth USD 4.4 billion, up 78.6% compared to the same period in 2021. Volume grew 32.6%, to 650,100 tons.

The United States follows, with imports of USD 59.2 million (up 49.2%). In volume, there was a 59.7% increase, to 84.8 thousand tons.

Revenue from shipments to Egypt also grew in the period, by 52.5%, reaching USD 300.1 million. The increase is the result of 145.8% increase in the volume of meat shipped, to 77.8 thousand tons.

Shipments to the European Union increased 33% in revenue, to USD 339.5 million, while the volume shipped grew 13.4% (to a total of 43.5 thousand tons). The accumulated revenue from shipments to the United Arab Emirates rose 33.7% (USD 143.8 million). In volume, the growth was of 24.6% (to 31.6 thousand tons).

“These are the results of the intense work we have been doing to open new markets, as well as increasing our presence in the countries where we already sell,” says Antônio Jorge Camardelli, ABIEC’s president.

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