April 2024 marked a major milestone for Brazil, as beef and by-product exports soared by 80% in comparison with the identical month in 2023.
Brazil shipped 252,600 metric tons, making this the third largest month-to-month quantity in nearly a decade.
This surge resulted in a income soar to $433.1 million, a rise of 69% over April final yr. In the meantime, the common worth per ton dropped to $4,185 from $4,444.
From January to April 2024, Brazil’s complete beef exports reached 924,821 metric tons, up 45% from 639,293 metric tons in 2023.
This progress yielded revenues of $3.7 billion, climbing 31% from $2.8 billion, regardless of costs dropping by 9.5%.
China led as the first market, shopping for 377,989 metric tons within the first 4 months—a 40.5% rise from the earlier yr.
America adopted with a 78.3% enhance, importing 134,161 metric tons.
The United Arab Emirates additionally confirmed strong progress, with imports up 245% to 64,932 metric tons.
Furthermore, this efficiency signifies a rebound from March 2024’s decrease export complete of 206,029 metric tons.
In line with knowledge from Abrafrigo and MDIC, these figures underline a powerful begin to the yr and spotlight strong efficiency within the business.
Brazil’s potential to take care of strong beef exports is significant not only for its financial system but additionally for international meals markets.
Because the world’s main beef exporter, Brazil performs an important position in balancing international provide and demand.
This sector’s success impacts quite a few stakeholders, from native farmers to worldwide beef markets, highlighting the interconnected nature of world commerce.
