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China remains Brazil's top three meat buyer and exporter for the second year in a row: demand has returned to 90 percent of pre-epidemic levels

From:Huaxiazi Brasil

2020-11-17

For the first 10 months, China has been Brazil's top three meat buyers. The web



In the first 10 months of this year, China was still the largest buyer of Brazilian beef, pork and chicken, according to data released by the Animal Protein Association of Brazil (ABPA) and the Association of Brazilian Refrigeration Plants (Abrafrigo).

In the first 10 months, China was the largest importer of Brazilian chicken, pork and beef



Brazil exported 3.498 million tons of chicken in the first 10 months of this year, up slightly from 3.49 million tons in the same period last year, according to ABPA data, according to Comex do Brasil, Reuters and Bloomberg. Exports, however, fell 13 per cent to $5.066bn.

China will remain the main export destination for Brazilian chicken in 2020. Brazil exported 564,000 tonnes of chicken to China in the first 10 months of this year, up 24 per cent from a year earlier.



Brazil exported 853,400 tonnes of pork in the first 10 months of the year, up 40.4 per cent from a year earlier, according to ABPA. Exports were us $1.876 billion, up 48.5% year on year. Strong demand from The Chinese market has boosted Brazil's pork exports: in the first 10 months, exports to mainland China rose 123 per cent year on year to 423,200 tonnes; Pork exports to Hong Kong, China were 143,100 tons, up 10 percent year on year.


"Exports to Asia have been continuing, especially to destinations affected by THE Disease. This trend is expected to continue, with exports expected to reach 1 million tons this year." "Said Ricardo Santin, the ABPA President.

According to Abrafrigo, Brazil exported 1.65 million tons of beef in the first 10 months of the year, or $6.8 billion, up 9% and 16%, respectively, from a year earlier. Abrafrigo says the Chinese market is driving the growth. In the first 10 months, Brazil exported 948,200 tons of beef to China, up 51.6 percent year on year.



Of the top four buyers of Brazilian beef, only exports to China have increased this year, with exports to Egypt, Chile and Russia down 27.4 per cent, 25.6 per cent and 16 per cent respectively.


Exporters: China's strong economic recovery is boosting demand for meat

Minerva SA, South America's largest meat exporter, says beef consumption in Chinese restaurants has almost fully recovered from the coVID-19 outbreak. Demand for food services in China has reached 90 percent of its pre-outbreak levels, with record passenger traffic at Chinese train stations, bus stations and airports, suggesting a strong economic recovery in the fourth quarter, said Fernando Galletti DE Queiroz, Minerva's executive President.



Queiroz said exports to China were expected to continue to rise as the country tended to stockpile food for New Year celebrations. China is a major importer of Brazilian beef, accounting for about 60 percent of Brazil's exports, while it bought 40 percent of Minerva's exports last year.

Queiroz said Chinese demand for beef will continue to grow, driven by African swine fever, urbanization and new dietary habits. This prompted Minerva to look for a new partner, he said, adding that a non-binding memorandum of understanding had been signed with a Chinese company to form a joint venture, but gave no further details.



Greenland, which is based in China, previously said in a statement that it had agreed to establish a joint venture with Minerva to expand its meat business. Greenland will use its distribution channels, retail chains and cold chain logistics to increase imports of South American beef. The group said the Minerva deal would bring meat imports to Rmb4bn over the next two years and aim to establish China's largest meat import hub, with imports exceeding Rmb10bn over five years.

Tempo de beijing: 2024-11-18

Tempo local: 2024-11-18

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