Brazil pork exports grow 7.3% in September - ABPA
Exports exceeded 120 thousand tons
11 October 2024
2 minute read
By: Surveys by the Brazilian Animal Protein Association (ABPA) show that Brazilian pork exports totalled 120.4 thousand tons in September, a figure that exceeds by 7.3% the total shipped in the same period in 2023, with 112.2 thousand tons. It is the second best historical performance of the sector, surpassed only by July of this year, with 138.3 thousand tons, according to a recent market report from ABPA.
In terms of revenue, the increase is 15.9%, with US$ 283.7 million in September this year, compared to US$ 244.7 million in the same period last year. The balance is the second best in the historical series, surpassed only by July this year, with US$ 309.4 million.
In the year to date (January to September), pork exports totalled 990.7 thousand tons, a volume 7.7% higher than that recorded in the same period last year, with 920.1 thousand tons. In terms of revenue, the increase is 0.4%, with US$ 2.169 billion in the first nine months of this year, against US$ 2.160 billion in the same period last year.
“The average price of pork exports has recorded consecutive increases that have accumulated more than US$ 350 throughout this year, with a positive impact on revenues from shipments. The flow should remain positive throughout 2024, with the prospect of growth in total exports for the year”, assesses the president of ABPA, Ricardo Santin.
Once again occupying the first position among importers, the Philippines was the destination of 28.2 thousand tons in September, a volume 120.4% higher than that shipped in the same period last year. Next are China, with 16.7 thousand tons (-40.7%), Chile, with 9.7 thousand tons (+50.4%), Hong Kong, with 8.7 thousand tons (-34.1%) and Japan, with 8.6 thousand tons (+84.9%).
Santa Catarina remains the main Brazilian exporter of pork, with 62 thousand tons exported in September, a volume 8.5% higher than in the same period last year. Next are Rio Grande do Sul, with 25.6 thousand tons (-7.1%), Paraná, with 18.6 thousand tons (+8.1%), Mato Grosso, with 3.2 thousand tons (+12.6%) and Mato Grosso do Sul, with 2.6 thousand tons (+11.9%).
“There is a reconfiguration in the map of pork shipments from Brazil, which is evidenced by the strong fluctuations in import movements by destination. In addition to the Philippines’ consolidation as the main importer, Latin American countries such as Chile, Mexico and Argentina are increasing their demand for Brazilian products. The same can be seen in Japan, a country that demands products with high added value," said Ricardo Santin, president of ABPA.
