China's demand for Brazilian pork, down 35%
In April, Brazilian pork exports stood at 89,700 tonnes, down 8.8% compared to the month last year. In terms of revenue, the result of sales for the month reached $193.4 million, 16.7% lower than that recorded in the same month of 2021. For the first four months of 2022, pork exports reached 327,300 tonnes, 7% lower than that recorded in the same period of 2021. In terms of revenue, Brazilian pork exports for the period were worth $692 million this year, down 16.3% y-o-y.
According to data collected by ABPA, China is the main destination for exports carried out between January and April, with 118,600 tonnes (-35%), followed by Hong Kong, with 33,800 tonnes (-34.8%), Philippines, with 23,200 tonnes (+281.3%), Singapore, with 20,100 tonnes (+43.9%) and Argentina, with 18,000 (+83.1%). "April sales returned to levels close to 90 thousand tons, which is the expected monthly performance trend for this year. Pork exports from Brazil are in the process of accommodating levels of shipments, settling at levels significantly higher than those recorded before the great global disruption of the protein, which began in 2018 and with more sensitive effects between 2019 and 2021. China has lost some of its influence on total export performance, being replaced by other nations in Asia and South America," commented the president of ABPA, Ricardo Santin.
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