Average value of exports exceeds $200,000 dollars/ton
13 September 2024
2 minute read
The average price of Brazilian chicken meat exports exceeded the level of $2,000 per ton, according to a survey by the Brazilian Animal Protein Association (ABPA). In August, the average price per ton exported reached US$ 2,089, 8.9% higher than that recorded in the same period last year, of $1,918. It is the highest average price since August 2022, at $2,106 per ton.
In total, 379.8 thousand tons were shipped in August, a volume 12.3% lower than in the same period last year, with 433.3 thousand tons. In revenue, the drop was smaller, 4.5%, with $793.6 million recorded in August this year, against $831 million in the same period last year. Revenue in Reais grew 8.1%, with R$4.406 billion in August this year, against R$4.074 billion in the eighth month of 2023.
In the year (January to August), the volume of chicken meat shipped reached 3.432 million tons, a volume 1.8% lower than the same period last year, with 3.495 million tons. Revenue recorded in the first eight months of 2024 reached $6.319 billion, a balance 7.8% lower than the same period last year, with $6.858 billion. Revenue in Reais accumulated in the year totaled R$33.004 billion, a balance 4.1% lower than the previous year, with R$34.412 billion.
“The flow of shipments recorded so far follows a monthly average equivalent to that of the 12 months of 2023, settling at around 430 thousand tons,” said Ricardo Santin, president of ABPA.
In the survey by destination, the United Arab Emirates took first place, with 39.2 thousand tons imported from Brazil in August, a figure 17% lower than in the same period last year. At a different pace, shipments to Japan grew 32%, reaching 39 thousand tons. Next came South Africa, with 28.1 thousand tons (+11%), Saudi Arabia, with 26.9 thousand tons (-28%) and China, now in fifth place, with 16.3 thousand tons (-69%).
In the survey by state, Paraná continues to lead exports, with 161.2 thousand tons exported in August (-2.7%), followed by Santa Catarina, with 84.2 thousand tons (-14.1%), Rio Grande do Sul, with 37.8 thousand tons (-42.5%), São Paulo, with 23.8 thousand tons (-3.1%) and Goiás, with 17.8 thousand tons (+4.3%).
“The average price was strongly influenced by the growth in shipments to high value-added markets, such as Japan,” said Santin. “On the other hand, there was a loss of shipping windows in certain ports, especially in Paranaguá, where there is a large backlog of logistics flow. Specific effects of Newcastle Disease also contributed to the lower result, especially in shipments to China and Mexico.”