Brazil pork export revenues grows 54.6% YoY
Mar, 04, 2020 Posted by Sylvia SchandertWeek 202011
According to the Brazilian Animal Protein Association (ABPA), Brazilian pork exports (considering all products, from fresh to processed) totaled 67,400 tons in February. The number is a record for the month and exceeds the volume shipped in the same period of 2019 by 24.7%, when 54.100 tons were exported.
The monthly export revenue reached US$ 154.9 million, 54.6% higher than the result obtained in the second month of 2019, at US$ 100.2 million.
In the accumulated result for the year, pork exports reached 135.9 thousand tons, 32.4% higher than that reached in the first two months of 2019, when a total of 102.6 thousand tons were registered. Sales for the period generated revenue of US$ 319.1 million, 66.2% higher than that recorded in the first two months of 2019, at US$ 192 million.
“The average export price remains high, pressured by strong Asian demand for animal protein. The impacts of the occurrence of African Swine Fever on the flock of markets such as China and Vietnam kept the flow of shipments high, at levels atypical for the period ”, points out Ricardo Santin, executive director of ABPA.
The main export destination, China increased its purchases by 161% in comparison with the same period last year, with a total of 31 thousand tons exported in February.
“The specific logistical issues arising from the Covid-19 control actions did not generate significant impacts on the final balance of Brazilian exports. Logistical adjustments ensured the clearance of cargo in the Chinese market. The Chinese government prioritizes the transit of food ”, said Francisco Turra, president of ABPA.
Japan also increased its pork purchases from Brazil, with a total of 678 tonnes in February, 239% higher than that shipped in February 2019.
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