Brazilian Beef Semen Exports Rise 19% in First Half of 2024, ASBIA Data Shows

Brazil’s bovine genetics market continues to expand, with a growing international presence, according to the INDEX report from the Brazilian Artificial Insemination Association (ASBIA) for the first half of 2024. The report highlights a 19% increase in semen dose exports compared to the same period in 2023. Additionally, semen collection also rose by 5%.

“There was also a 14% increase in imports. While sales to final customers remained stable compared to last year, we saw strong sales to the dairy sector, with a 5% increase in the first six months of the year,” said Cristiano Botelho, ASBIA executive.

Cepea, ASBIA’s partner in preparing the INDEX, gathered the data, which serves as a “valuable tool for market understanding and decision-making to support sector development.”

Highlights from ASBIA’s INDEX for the First Half of 2024

Sales of dairy semen to final customers – semen delivered to breeders for herd genetic improvement – grew by 5%. In comparison, beef semen experienced a 3% decline, maintaining the market at the same level as the first half of 2023.

In exports, beef semen doses increased significantly from 200,383 to 257,122, marking a 28.31% growth (the highest volume for the first half-year in the last six years). Dairy semen doses rose from 187,719 to 203,841 (+8.59%).

Imports of semen doses also saw substantial growth. Beef semen increased from 715,472 in the first half of 2023 to 899,518 in 2024, a rise of 25.71%. Dairy semen grew from 1,633,097 in 2023 to 1,766,945 doses, a solid increase of 35.12%.

In the first half of the year, nearly 500,000 more doses were produced: 8,839,762 (2024) compared to 8,394,063 (2023).

“The domestic market grew by 7.1% considering production and imports. This demonstrates the strength of genetics and how livestock producers are increasingly investing in this critical reproductive biotechnology to advance the meat and dairy industries. Likewise, the growth in exports indicates the rising value of Brazilian genetics,” detailed the ASBIA executive.

Source: Itaquera em Notícias

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