Pork exports in March outstrip previous month’s figures in volume, revenue

According to information from Brazil’s Foreign Trade Secretariat (Secex) released on April 3, the revenue from exports of fresh, frozen pork meat in the 23 working days of March outstripped the figures seen in the same month last year by more than 30%, as well as from a month ago.

Pork exports brought in US$ 231,765,681 in revenue as of the end of March, which was 33% more than what was made in March 2022 (US$ 174,257,651). Also, 95,304.095 tonnes were shipped, which is 17.24% more in volume than the 81,288.375 tonnes registered in March of last year.

See below Brazil’s pork shipments (hs code 0203) from Jan 2019 to Feb 2023. The data is from DataLiner.

Brazilian pork exports | Jan 2019 – Feb 2023 | WTMT

Source: DataLiner (click here to request a demo)

There was an increase of 34.6% in revenue from February to March, from US$ 172,135,000 to US$ 231,765,681. The 95,304,095 tonnes exported in March represented a 36.5% increase in volume compared to the 69,800,000 tonnes shipped in February.

The average daily revenue in March was US$10,076,768, a 27.2% increase from March 2022. However, there was a 1.9% decline compared to the prior week.

The average volume exported per day was 4,143.656 tonnes, up 12.1% from March 2022 and 2.4% down from the previous week.

The price per ton paid, US$ 2,431,854, is 13.4% more expensive than in March last year. Nevertheless, the result represents only a modest increase of 0.60% over the previous week’s value.

Source: Notícias Agrícolas

To read the original article, see: https://www.noticiasagricolas.com.br/noticias/granjeiros/345512-exportacoes-de-caarne-suina-encerram-marco-superando-fevereiro-23-e-marco-22-em-faturamento-e-volume.html#.ZCwzkXbMLIU

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