BRAZIL

Abiec: Brazil sets new record for beef exports in September

Beef

Brazilian beef exports reached a new record in September 2024, with shipments of 286,750 tons, generating revenue of US$ 1.258 billion.

Posted on Oct 18 ,00:20

Abiec: Brazil sets new record for beef exports in September

This volume represents an increase of 7.12% compared to the previous record, registered in July of this year. September's revenue stands out as the third highest in the history of the sector's exports, behind only August and September 2022, when average meat prices, influenced by the pandemic, reached peaks of US$ 5.9 thousand and US$ 5.7 thousand per ton, respectively.

Compared to August 2024, there was significant growth of 15.6% in the volume exported and 17.4% in revenue, according to data from the Ministry of Development, Industry, Commerce and Services (MDIC), compiled by the Brazilian Association of Meat Exporting Industries (Abiec).

According to Antônio Jorge Camardelli, president of Abiec, the increase in exports reflects the ongoing efforts of the private sector, in partnership with the Federal Government, through the Ministry of Agriculture and Livestock (MAPA), Itamaraty, MDIC and the Brazilian Trade and Investment Promotion Agency (ApexBrasil). "We are committed to expanding the presence of Brazilian beef in international markets, with a focus on diversifying destinations and consolidating our presence in traditional markets, such as China", highlighted Camardelli.

Brazil currently exports beef to more than 150 markets around the world. The Brazilian Beef project continues to be one of the pillars of the promotion and expansion strategy, with the aim of ensuring competitiveness and increasing the presence of Brazilian beef in the main global markets.

"The September figures show that Brazil is not only consolidated as one of the largest global suppliers of beef, but is also prepared to meet the growing demand for high-quality, food-safe foods. Our competitiveness comes from continued investment in technology, traceability and sustainability throughout the entire production chain", adds Camardelli.

Between January and September 2024, exports totaled 2.1 million tons of beef, with revenues of US$ 9.16 billion. Compared to the first nine months of 2023, shipments increased by 28.3% while revenues grew by 20%.

China, which accounted for 44.5% of Brazilian beef exports year-to-date, increased its purchases by 10%. However, revenue fell by 0.9%, reflecting adjustments in average prices.

The United States showed significant growth of 58% in the volume of imports and 48.7% in revenue, totaling 147 thousand tons and US$ 867.4 million in revenue.

Another highlight was the United Arab Emirates market, consolidated as an important hub for the Middle East region. Shipments to the country grew 162%, jumping from 45.7 thousand to 120 thousand tons between 2023 and 2024. Revenue more than doubled, with an increase of 168%, going from US$ 203 million to US$ 547 million.

The 15 main destination markets for Brazilian beef recorded growth in volume in 2024. The increases for Mexico, Algeria and the Philippines stand out, in addition to Turkey, which reflect part of the exports to Iran.

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