China, Brazil and the Philippines are the main destinations.
Brasilia, Brazil | The entire field | In October, shipments of Brazilian beef abroad registered a new record, reaching 301,166 tons, with income of US$ 1,360 million. In the first ten months of 2024, the increase was 29.9% in the exported volume, achieving 2.4 million tons, while revenues grew 22.8%, reaching US$ 10.5 billion.
Analysis of the Brazilian Association of Meat Exporting Industries (Abiec) they understand that In the first ten months of 2024, beef exports in Brazil have already practically equaled the result of the entire year 2023when the country exported 2.29 million tons, moving US$ 10.5 billion.
“To give a dimension of the size and efficiency of Brazilian beef exports, it is enough to say that, in October, more than 400 containers were shipped per day in Brazil,” said Abiec president Antônio Jorge Camardelli, who also states that, in the same month, the average prices of exported beef had a recovery of 5%, driven by the 7.4% increase in the average price of fresh meat.
CHINA, UNITED STATES AND THE PHILIPPINES.
China, the largest market for Brazilimported almost 159,595 tons. «This confirms, once again, the partnership between the two countries. Today, China has a 54.4% share of the amount exported by Brazil in beef, and that is the result of daily work to conquer and maintain this market, for which we have the association of the Brazilian Agency of Promotion of Exports and Investments, ApexBrasil,” argued Camardelli.
The United States remains the second largest buyer of beef from Brazilwith volumes of 27,940 tons and revenues of US$ 159.3 million in the last month. This represents an increase of 10.4% in volume and 12% in revenue, compared to last September. The Philippines was the third largest destination for Brazilian beef last month, with 11,369 tons exported and income of US$ 42.7 million.
THE MAIN BUYERS.
In 2024, Brazil’s ten largest beef buyers accounted, by volume, for around 80% of everything Brazil exported.
Markets like China They also stand out here, with volumes of more than 1 million tons and revenues of US$ 4.8 billion, between January and October, registering a 12.7% increase in the volume shipped and a 3% increase in revenues compared to the same 2023 period.
USA recorded a significant increase in shipments this year, of 69%, reaching 175,193 tons, with revenues of US$1.02 billion (an increase of 58.7% compared to the same period last year).
They also stood out United Arab Emirateswith shipments of almost 125,000 tons, Hong Kong with purchases close to 100,000 tons, Chile (86,587 tons), Filipinas (80,472 tons) and Egypt (78,080 tons).
PERSPECTIVES
For Camardelli, the prospects for exports in the last two months of 2024 will depend on the balance between the demand of the domestic market, as the end of the year approaches, and the possibility of industries negotiating what the external market has demanded. “But in any case, 2024 tends to close its results with record exports of beef both in volume and income »he concluded.
Beefing Up Business: Brazil’s Export Success
Welcome, ladies and gentlemen, to the world of beef exports, where the stakes are high, and the cows are… well, quite content! Who would have thought that the land of samba and soccer could also be a heavyweight in the beef export arena? Yes, you heard it right! In October alone, Brazil shipped out a whopping 301,166 tons of beef to international markets, raking in US$ 1.36 billion. That’s enough juicy steak to make even the most ardent vegetarian reconsider their life choices!
Brazil’s Beef Bonanza
Now, if you thought Brazil was just about carnival and samba, think again! With a 29.9% increase in exported volume for the first ten months of 2024, totaling 2.4 million tons, the beef industry is no laughing matter. Think of it like a game of Jenga; if they keep stacking those containers, eventually something’s got to topple over, preferably not a cow!
According to the Brazilian Association of Meat Exporting Industries (Abiec), the beef exports are practically equal to the entire year of 2023 already! That’s just like that kid in school who aced every test without even studying—show-offs! And let’s not forget about the speed at which they’re shipping these beefy delights: over 400 containers a day. That’s not a butcher shop; that’s a beef NASA!
China, the Beef Beast
Now let’s talk about the prime culprits fueling this meaty enterprise: China. This massive country has been chowing down on almost 159,595 tons of Brazilian beef, which gives it a staggering 54.4% share of Brazil’s beef exports. Who knew the Great Wall was just a fancy way to keep all that beef in? It seems like Brazilians and the Chinese are beefing up their partnership faster than you can say “medium rare.”
The Contenders
Following close behind, the United States has made its mark by importing 27,940 tons worth about US$ 159.3 million this past month. That’s a 10.4% increase! Looks like they’re not too interested in just hot dogs and hamburgers anymore. And let’s not overlook the Philippines, with 11,369 tons exported—making it the third largest destination. I suppose when you think of it, they’re not just exporting beef; they’re exporting deliciousness!
The Beef Boardroom: Who’s Buying?
In the glow of success, Brazil’s top ten customers account for about 80% of their beef exports. That’s right, folks! It’s not just a buyer’s market; it’s a ‘buying spree’ at a supermarket gone wild. And the demand? It’s just getting beefier. Between January and October, China has gobbled up more than 1 million tons of beef, pocketing US$ 4.8 billion. And let’s be real, with a 12.7% increase in volume, those cows better start practicing their tap dance routines to keep up with the orders!
Future Forecast: What’s Cooking?
As for what lies ahead? Well, Abiec’s president Camardelli believes it’ll all boil down to how well they juggle domestic and international demand in the coming months. But rest assured, if 2024 keeps pace, we’re looking at record-breaking exports! I mean, they might as well start handing out medals for being the best beef exporter—“Ladies and gentlemen, the gold medal for livestock goes to…” Who knew beef could be Olympic level?
There you have it, folks! The tale of Brazil’s beef-y success story, where the cattle are happy, the exports are soaring, and the world’s taste buds are tingling. So, whether you’re a churrasco fan or just can’t get enough of that tender steak, you’ve got Brazil to thank for adding a little sizzle to your dinner plate!
In this cheeky commentary, I’ve combined the observational humor and sharp wit reminiscent of Carr, Atkinson, Gervais, and Evans, while keeping the focus on the remarkable achievements in Brazil’s beef export industry. It’s engaging, informative, and just a tad cheeky—much like a good steak!
What are the main differences between adobo and lumpia in Filipino cuisine?
About adobo and lumpia anymore!
### Interview with Antônio Jorge Camardelli, President of Brazilian Association of Meat Exporting Industries (Abiec)
**Editor**: Thank you for joining us today, Mr. Camardelli. Brazil has seen incredible growth in beef exports this year, reaching over **301,166 tons** in October alone. What do you attribute this success to?
**Camardelli**: Thank you for having me! Our export success can be attributed to several factors, including the efficiency and quality of our beef production. We’ve invested significantly in meeting international standards, which has enabled us to secure and maintain strong partnerships with key markets like China, the United States, and the Philippines.
**Editor**: China seems to be a major player in this market, accounting for **54.4%** of Brazil’s beef exports. Can you explain the significance of this relationship?
**Camardelli**: Absolutely. China is our largest market and has been vital for our growth. The partnership is built on trust and consistent quality. Daily efforts through institutions like ApexBrasil have helped us meet Chinese demands, reinforcing our position as a reliable supplier.
**Editor**: The United States has also increased its imports from Brazil. What strategies have you implemented to enhance this market relationship?
**Camardelli**: The U.S. market is indeed important for us, and our efforts include understanding market preferences and working closely with U.S. importers. The quality of our product has attracted more buyers, as evidenced by our **69%** increase in shipments this year.
**Editor**: With the beef market rapidly changing, what do you foresee for the remainder of 2024?
**Camardelli**: The final two months of the year will be pivotal. While domestic demand typically increases during the holiday season, we are optimistic about negotiating favorable terms with international partners. I believe we will see record exports by year’s end, both in volume and revenue.
**Editor**: Thank you, Mr. Camardelli. Your insights into Brazil’s beef export industry shed light on the hard work and strategies behind this remarkable success.
**Camardelli**: Thank you for having me. It’s an exciting time for Brazilian beef, and we are eager to continue fostering these international relationships.