Sales of Brazilian beef to foreign markets will grow this year, stimulated by China.
Brazil, the largest meat exporter in the world, will further increase shipments of the product abroad in 2024 due to an increase in demand from China and a wide supply of beef and chicken, according to a Rabobank study.
In the pork market, the supply of animals will grow less, but the increase in restrictions in competing countries should stimulate the search for proteins from Brazil. The study predicted that Brazilian beef sales to foreign markets will grow between 2 and 3% this year, stimulated by China. From January to November of this year, Brazil exported 2.3 million tons, according to the Brazilian Association of Refrigerators (Abrafrigo).
According to Rabobank calculations, the total volume of Chinese protein imports will grow between 6 and 7% compared to 2023, or the equivalent of 200,000 tons. Brazilians today represent 41% of all the beef imported by China and along with the increase in volume, there is also the expectation that Chinese importers will pay a little more per ton of product.
Rabobank says exporters should not expect values to return to the level of the period between 2021 and 2022, when a ton exceeded $7,000, but that there is potential for them to exceed the $5,000 currently paid per ton.
BIRD AND PIGS
There is a possibility that the country will expand its sales to North Americans, to complement production in the United States, in the same way that there are possibilities that Brazilians will supply markets that Americans are ultimately unable to serve. Furthermore, the outlook for the poultry and pork sectors is also optimistic.
The Brazilian Animal Protein Association (ABPA) estimates that pork exports will tend to reach 1.3 million tons in 2024, an increase of 6.6% compared to the volume projected for this year, of 1.22 million tons. Sales of chicken meat abroad are expected to total between 5.2 and 5.3 million tons in 2024, 3.9% more than in 2023, when, according to the Association, they were between 5.05 and 5. 15 million tons.
According to the ABPA, the peak of bird migration to Brazil has already passed, which tends to stop the appearance of new outbreaks of avian influenza of the H5N1 strain in the country. The order in the sector, however, is to continue with the prevention practices adopted in recent months, which guaranteed biosafety and the opening of markets for Brazil in the world.
2024-01-06 03:06:37
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