Brazilian pork exports revenues grow

According to ABPA (Brazilian Animal Protein Association), the volume of exports of fresh and processed pork in July was 67,900 tons, a 0.4% decrease compared to the same month in 2018.

On the other hand, revenue from brazilian pork exports reached US$148m, 24.1% more than in the same period last year, which was US$119.2m.

“The average price of exports continues to rise. In January, it was at U$1,886 per ton. In July, it reached US$2,179 per ton, the highest level recorded in the last 12 months,” said the president of the organization, Francisco Turra.

Year to date, brazilian pork exports reached 414,500 tons, 19.62% more than the period between January and July 2018.

Total chicken exports grow

Also according to ABPA, Brazilian exports of chicken meat (considering all products, both fresh and processed) totaled 2.43m tons between this year’s January and July. The figure is 5.8% higher than in the same period of 2018, when 2.3m tons were shipped.

The following chart, made from DataLiner data, shows Brazil’s pork and chicken exports from January 2015 to June 2019:

With this performance, the sector’s sales accumulate a high of 10.8% in 2019, with total revenue of US$4,07bn. In 2018, shipments generated US$3.68bn during the same period.

When considering only the month of July, chicken meat shipments reached 387,600 tons. The balance is 16.4% lower than the 463,500 tons registered in July 2018 (the largest monthly volume ever recorded by chicken meat exporters; in June of the same year sales totaled 235,000 tons, performance that was largely impacted by delayed shipments due to the Truckers Strike).

“The average volume and revenue exports of 2019 outperforms the overall performance of the previous year, which is a positive indicator for the year’s final balance,” said Francisco Turra, president of ABPA.

The average exports in 2019 (January to July) is 347,600 tons, higher than the 341,700 tons of 2018 (January to December). In the last three months (May, June, and July 2019), sales remained above 380,000 tons.

The July 2019 foreign exchange balance, at US$665.6m, was 6.4% lower than the same period last year at US$710.9m.

“The international market is hot and prices are rising. We once again recorded average values above US$1,700 per ton. For comparative purposes only, the average price of 2018 was US$1,600 per ton,” says Ricardo Santin, ABPA’s executive director.

China is the main destination of chicken exports, importing 52,700 tons in July, volume 15% higher than shipped in the same period last year. Mexico, the largest importer in the Americas, received 14,070 tons (+ 3%).

Sources: Estadão Conteúdo and ABPA

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