Brazil expected to account for 30% of global meat exports by 2033
Feb, 20, 2024 Posted by Gabriel MalheirosWeek 202408
In about ten years, global meat exports by the world’s top traders should revolve around 42.5 million tonnes, an increase of 21% since estimates released in 2023 (a little over 35 million tonnes).
Out of this total, Brazil will account for approximately 30% – or nearly 13 million tonnes, the equivalent of 40% of the world’s poultry meat, 28% of beef, and 18% of pork. In other words, Brazil will maintain its leadership position in poultry and beef and rank third in pork, behind only the United States and the European Union.
The chart below shows beef exports through Brazilian ports between Jan 2020 and Dec 2023. The data is from DataLiner.
Brazilian Beef Exports | Jan 2020 – Dec 2023 | Teus
Source: DataLiner (click here to request a demo)
It’s worth noting that the projected 21% increase in global exports of the three types of meat implies an additional 7.5 million tonnes. According to current forecasts from the United States Department of Agriculture (USDA), Brazilian meats will represent 50% of this additional amount (about 3.8 million tonnes more).
Source: Avisite
Click here to read the original text: https://www.avisite.com.br/em-2033-brasil-deve-responder-por-cerca-de-30-do-comercio-mundial-de-carnes-estima-o-usda/#gsc.tab=0
-
Sugar and Ethanol
Jul, 11, 2023
0
How Brazil ethanol benefits from the US biofuel breakthrough
-
Blog News (ENG)
Aug, 18, 2023
0
Canary melon prices surge in Brazilian market due to high European demand
-
Ports and Terminals
Nov, 04, 2020
0
Labor unions on strike again at Buenos Aires over handling of terminal 5 closure
-
Fish
Nov, 03, 2022
0
Brazil: fish exports revenue up 49% YTD