ABPA: Rising global production costs and ASF concerns boost demand for Brazilian products

Brazil exported 105,800 tonnes of pork in March, up 35.9% from February and 18% from March 2022, according to Secex. This is the highest monthly EXPORT volume this year. In the first quarter of 2023, export earnings also set a record for the period, with BRL 3.32 billion, down 11% from the last quarter of 2022, but 38% higher than the same period, according to Secex. quarter. period last year.

March revenue was BRL 1.28 billion, up 35.2% month-on-month and 38% year-on-year.

According to the ABPA (Brazilian Animal Protein Association), high production costs worldwide and animal HEALTH concerns in several pork-producing countries are boosting demand for the Brazilian product. In terms of Brazilian pork export destinations, CHINA is still the number one buyer, followed by other Asian countries. From February to March, China and Hong Kong imported 16% and 69% more MEAT from Brazil, while the Philippines doubled their imports - in March, Brazil sent 36.4 thousand tons, 13.3 thousand tons and 9.4 thousand tons of pork, respectively.