Growth again in 2024
In the period from January to June 2024, Brazil sold a total of 1.44 million tons of processed and unprocessed beef abroad. This is approximately one third more than in the first half of 2023.
Abrafrigo estimated the turnover of Brazilian beef exporters in the first half of 2024 at $5.82 billion, or 18%. more than from January to June 2023. In the first half of 2022, Brazil's export volume was 1.09 million tons of beef and still achieved foreign sales of $6.23 billion.
Pork and poultry exports in 2024
According to Abrafrigo data, China remained the most important customer for Brazilian beef exporters in the first half of 2024, even as sales value fell slightly to $2.52 billion despite slightly increased sales volume. Sales to the USA increased by approximately one third to USD 665 million and to the United Arab Emirates by as much as 238%. up to USD 435 million.
In the first half of 2024, the situation for Brazilian poultry exporters was not smooth. According to the Brazilian Animal Protein Association (ABPA), sales of processed and unprocessed poultry meat fell by 1.6 percent. to 2.59 million tons compared to the previous year. Sales fell by about a tenth to $4.64 billion. China remained the most important customer for Brazilian poultry exporters, although the sales volume decreased by 29%. up to 276,100 tons.
Despite the recent downward trend, ABPA is confident about poultry meat exports throughout 2024. The average volume of monthly deliveries was higher in the first half of the year than in the entire year 2023. This means an increase in volume throughout 2024.
A new volume record for pork exports
According to ABPA, Brazilian pork exports increased by 4.1%, reaching a new record of 613,700 tons in the first half of this year, compared with the same period last year, but the value of sales fell by about 8%. up to USD 1.30 billion. Main recipient – China ordered 127.9 thousand. tons, by approx. 40 percent less than in the first half of 2023. The Philippines moved up to second place among the most important recipients with a volume increase of 65% to 84.2 thousand. tone. According to ABPA, business was also better in North and South America.
