Brazil Looks for Beef Export Recovery in Second Half of Year

BRAZIL - The Brazilian beef industry saw a turnover of US$ 447 million in exports in April with shipments of more than 107,000 tonnes, boosted by an increase of shipments to Russia, Venezuela, Iran and Algeria.
calendar icon 21 May 2015
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Compared to March, shipments to Russia rose by 23 per cent in volume to 22,000 tonnes and 22 per cent in value to $71 million.

Exports to Venezuela rose by 71 per cent on the previous month, totalling 8,600 tonnes.

Revenue also grew by 71 per cent, reaching $48.5 million.

Iran imported 10,900 tonnes, an increase of 24 per cent and were worth $40 million a rise of 26 per cent.

Exports of beef to Algeria rose by 59 per cent to 3,000 tonnes) and 57 per cent in value to $13 million.

However in all of April, beef exports fell in both sales and volume by seven per cent compared to the previous month.

The countries that recorded the largest falls in the month were Hong Kong, Egypt and Chile.

Fresh beef exports reached $347 million in value in the month, an increase of two per cent compared to the previous month.

Exports of by-products grew by 183 per cent in value and 168 per cent in volume compared to March.

In the year to date, Brazil exported more than 426,000 tonnes of beef – a drop of 15 per cent compared to the same period last year.

Sales in the first four months of 2015 reached $1.8 billion, 17 per cent less than the previous year.

However, the second half of the year is expected to change with the resumption of exports to major markets such as China.

According to the president of the Brazilian Association of Beef Industry and Exporters (Abiec, São Paulo / SP) Antonio Jorge Camardelli, the reopening of markets such as Saudi Arabia, as well as the return of shipments to South Africa and Iraq, should also contribute to the increase in exports in the second half.

"At the end of May we will have a technical visit from Saudi Arabia. With the reopening of this market, we can reach out to other countries such as Bahrain, Qatar and Kuwait.

“This scenario shows us the real possibility of recovering the downturn that the sector recorded in the beginning of 2015," said Mr Camardelli.

TheCattleSite News Desk

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