Porto Alegre, August 26, 2020 \u2013 The trade balance of the meat industry remains positive in 2020. China has had a major impact on the world market, buying significant volumes of animal protein not only from Brazil. European Union, the United States, and Argentina also benefit from the Chinese appetite. Some data point to the partial recovery of the herd of matrices in China, but the expansion of pork supply would take at least two years, respecting the pig production cycle. It is possible that in the second half of next year there will be a reduction in the pace of imports. Monitoring these data becomes a priority for understanding the animal protein market not only in Brazil.<\/p>\n\n\n\n
For\nchicken, in particular, Brazil is less dependent on the Chinese\nmarket, with the Asian giant accounting for approximately 17% of\nBrazilian shipments. The problem for 2020 is the reduction of\npurchases from traditional importers. Countries from the Middle East\nand Japan imported less this year, as\na\nresult of the pandemic. Shipments of chicken totaled 2.42 million\ntons from January through July, an increase of only 1.46% compared to\nthe same period last year.<\/p>\n\n\n\n
With\nregard to beef, there is a greater dependence on the Chinese market,\nas around 41% of Brazilian exports are destined for China. Hong Kong\naccounts for approximately 15% of Brazilian exports. As already\ndiscussed, the autonomous territory usually transfers part of its\npurchases to mainland China, that is, directly or indirectly, 55% of\nBrazilian beef exports are destined for the Chinese market. In 2020,\nbeef shipments totaled 1.6 million tons, nearly 13.46% higher.<\/p>\n\n\n\n
For\npork, the dependence is even greater, around 50% of Brazilian\nshipments are destined for China. Hong Kong accounts for 18.85%. In\nother words, almost 70% of Brazilian pork exports are destined\ndirectly or indirectly to the Chinese market. Brazilian pork exports\nreached 570 thousand tons from January through July, a volume that\nexceeds by 40% the result of 2019.<\/p>\n\n\n\n
The\nnews of the recovery of the pig herd in China generates apprehension\nin the Brazilian market. The details of this analysis will occur in\nthe following topic. However, the pig farming cycle needs to be\nrespected, and China will hardly be able to fill the supply gap\nbefore 2022, ensuring at least another year of good export flow to\nthe Brazilian meat industry.<\/p>\n","protected":false},"excerpt":{"rendered":"
Porto Alegre, August 26, 2020 \u2013 The trade balance of the meat industry remains positive in 2020. China has had a major impact on the world market, buying significant volumes of animal protein not only from Brazil. European Union, the United States, and Argentina also benefit from the Chinese appetite. Some data point to the […]<\/p>\n","protected":false},"author":16,"featured_media":18078,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[95],"tags":[],"commodity":[],"class_list":["post-18546","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-highlights-en"],"acf":[],"yoast_head":"\n