Brazil: Beef exports hit record high in January, signaling a promising year
According to the Analysis of the Brazilian Association of Meat Exporting Industries (Abiec) on the data published by the Ministry of Development, Industry, Commerce and Services (MDIC), the sector recorded the best result for the month since the beginning of the historical series. 209,192 tons of beef were exported to 114 countries, with revenue of US$ 1.002 billion, maintaining the upward trend that marked the entire year of 2024.
Compared to January last year, the increase was approximately 2% in volume and 11.4% in revenue, driven by an average price 9.4% higher than that observed in the same period in 2024. This appreciation occurred in practically all the main destination markets, reaching the best average since June 2023.
Shipments to China, the main destination for Brazilian beef, showed a slight reduction compared to the previous month and to January 2024, totaling 92,797 tons and generating revenue of US$ 452 million. The United States, the second largest buyer of the product, imported 18,974 tons, with revenue of US$ 106.6 million, which represents a decrease of approximately 8.5% compared to the same period last year. In contrast, the European Union increased its purchases by 82.6% compared to December, reaching 9,270 tons and generating US$ 69.7 million.
Another highlight of the month was Algeria, which recorded a significant growth of 204% in the volume imported, totaling 8,059 tons and revenue of US$ 42.9 million. For Abiec president Roberto Perosa, the efforts of the private sector and the government in negotiating the shelf-life of Brazilian products were decisive in opening new opportunities for the national industry, favoring the increase in shipments.
Regarding the drop in North American purchases and the significant increase in exports to Europe, Perosa highlights that this movement reflects natural market dynamics: “The United States had a larger domestic meat stockpile at the beginning of the year, which naturally reduced its demand for imports. Furthermore, global consumption behavior is always subject to the economic conditions and commercial strategies of each country. In the case of the European Union, we observed an increase in purchases due to the replenishment of stocks and the availability and competitiveness of the Brazilian beef”, stated the president of Abiec.
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