After crisis, ABPA predicts pork production and export records in 2023

The Brazilian Association of Animal Protein (ABPA) estimates that pork production should break the barrier of 5 million tons in 2023 for the first time in history. In the international market, a new record is expected, close to 1.2 million tons shipped to more than 90 destinations that import the Brazilian product this year.

“After facing one of the most severe crises in its history, pig farming in Brazil is entering a recovery phase, with slightly more positive prospects already for this year”, evaluates the president of the Brazilian Association of Animal Protein (ABPA), Ricardo Santin, in a statement released on Monday, July 24.

According to the president of ABPA, pork producers and agro industries across the country have experienced a period of intense challenges over the last three years, in the face of the adversities generated by high production costs and the global pandemic. In this context, cases of companies and pig farmers operating at a loss were not uncommon, however, still maintaining the production flow.

“The producer was resilient in his activity and helped to preserve the food supply and the supply of Brazilian families. After a challenging period, we see a more positive picture, with perspectives for advances in the domestic and international scenario”, he analyzes.

“These projections are based on the behavior of the sector presented so far”, explains Santin. According to ABPA surveys, Brazilian pork exports are already 15.6% higher this year, with around 590 tons exported in the first half of 2023.

The chart below shows the volume of Brazilian pork shipped between Jan 2019 and May 2023, according to the DataLiner maritime intelligence service.

Brazilian pork exports | Jan 2019 – May 2023 | WTMT

Source: DataLiner (click here to request a demo)

As well as exports, Brazilian per capita consumption should also show growth in relation to the 18 kilos registered in 2022, according to the initial ABPA projections.

Brazil has taken the space of other major international players, such as the European Union, reinforcing our country’s role in global food security. In this context, we finally have a breath with a gradual retraction in the prices of corn and soybean meal, which is an encouragement compared to the accumulated increases of more than 150%, registered between 2020 and 2022. The increases in other inputs such as diesel, energy, plastic and cardboard still persist. However, there is a positive perspective and producers and agro industries are currently experiencing a moment of balance in the accounts, analyzes Santin.

Consolidated projections on swine and poultry farming in Brazil will be presented by ABPA on August 17th.

Source: Agência CMA

To read the original article, visit: https://www.agenciacma.com.br/apos-crise-abpa-preve-recordes-em-producao-e-exportacao-de-carne-suina-em-2023/

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