According to a report from Paraguay's National Service of Animal Quality and Health (Senacsa) released this week in Asunción, pork exports have been recording growing numbers since 2019 and reached a 173% increase from 2022 to 2023.
In the first six months of 2023, Paraguay multiplied its pork exports by six times. The main reason is the opening of Taiwan’s market last year to Paraguayan produce. This pushed sales from 2,480 tons to 14,880 tons between January and June 2023.
Brazil's exports of beef and pork have retaken volumes from before the pandemic, as reported by Canal Rural. For example foreign sales of fresh, frozen, or refrigerated beef generated US$ 785.557 million in June (16 working days), with a daily average of US$ 49.097 million. The total amount exported by the country reached 154,625 tons, with a daily average of 9,664 tons, while the average price per ton was US$ 5,080.40.
A surge in African swine fever infections in China is set to reduce hog output later this year, farm managers and analysts said this week, pushing up prices in the world’s top pork consumer as demand recovers.
Paraguayan pork exports are looking at a brighter future for 2023, according to various positive developments on various fronts over the past few months, it was reported in Asunción.
Brazilian pork exports (fresh and processed) recorded a 20.3% increase in February, totaling 81,100 tons compared to 67,400 tons registered in the same period in 2020. Revenues from sales in February totaled US$ 185.7 million, 19.9% higher than the second month of 2020 when sales reached US$ 154.9 million.
China's consumer price index (CPI), a main gauge of inflation, fell 0.2% in February from a year earlier, paving the way for China's steady economic recovery in the post-COVID era as the price trend kept stable, according to the National Bureau of Statistics, NBS.
The cost of China's much-loved pork rib dishes is soaring after Beijing suspended imports of pig meat from major supplier Germany, hurting restaurants still recovering from the coronavirus hit earlier this year.
According to the Brazilian Association of Animal Protein, (ABPA), in July, Brazilian pork exports (both fresh and processed) totaled 100,400 tons – 47.9% higher than in the same period of 2019, with 67,900 thousand tons. In revenue terms, the total balance of July reached US$203.1 million, a figure 37.3% higher than that registered in July last year, at US$147.9 million.
China expects to import more soy and pork this year to supply domestic demand, after the coronavirus pandemic and the impacts of swine fever decimated its pig herds. Meanwhile, soy imports are estimated to reach 92.48 million tons this year.