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Total beef exports rose 2% in September, but prices fall

Posted by Marina

Total beef exports in September (in natura + processed) reached 166,366 tons, an increase of 2% over September 2019, which had 163,371 tons. Revenues fell by 2% compared to last year, with US $ 668.7 million against US $ 679.8 million. This was the first time that there was a comparative drop in prices obtained for Brazilian beef abroad this year. Since January, the sector has seen significant increases in dollars that reached 40% growth last June. The information is from the Brazilian Refrigerators Association (ABRAFRIGO), which compiled the total data released this week by the Ministry of Development, Industry and Foreign Trade (MDIC), through the Foreign Trade Secretariat (Secex / Decex).

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In the accumulated result for the year, beef exports registered a growth of 10% in relation to 2019. 1 million 460 thousand tons were handled until September against 1 million 332 thousand tons in the same period of 2019. In terms of revenues, the result is more expressive: In 2019, until September, US $ 5.1 billion were obtained and this year sales reached US $ 6.1 billion, a 20% growth in foreign exchange. The main buyer of the Brazilian product remains China. Through the continent and the state city of Hong Kong, China has so far acquired 839,104 tons against 519,653 tons in the same period in 2019, which meant a 57.4% share of the total Brazilian beef exports. In September, Chinese purchases reached 96,385 tons (in July it was 108 thousand tons and in August 108 thousand tons).

Until September, Egypt was the second largest buyer of the Brazilian product, with 101,416 tons (-28.3% in relation to 2019). The third was Chile, with 60,074 tons (- 30.8%). The fourth was Russia, with 46,242 tons (-13.9%). In the fifth position are the United States, with 40,602 tons and growth of 40.5% in imports. Saudi Arabia came in sixth with 32,834 tons (+ 4.7%), the Philippines in seventh, with 29,813 tons (+ 22.4%) and the United Arab Emirates in eighth position with 29,741 tons (-53.3%).

Source: Notícias Agrícolas