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In addition, China ’s increasing demand for Brazilian beef imports is the main factor restricting domestic demand for Brazilian beef.
Reason
.
Brazil's per capita consumption of beef in 2020 is 26.
4 kg, which is about 14% lower than the level in 2019 before the epidemic, which is the lowest level in history since the Brazilian National Agricultural Supply Company (Conab) recorded in 1996
.
Conab predicts that in the first four months of this year, Pakistan's per capita beef consumption will drop by more than 4% year-on-year
.
Researchers from the beef department of the Brazilian Institute of Agriculture and Animal Husbandry (Embrapa) believe that the new crown epidemic is the main culprit for unemployment and reduced income.
“The epidemic has made people poorer and their purchasing power has also declined, which ultimately led to a major reduction in domestic meat consumption capacity
.
Rising beef prices have prompted people to seek other more cost-effective options such as chicken and pork
.
” According to statistics from the National Geographic and Statistics Bureau of Pakistan (IBGE), as of April this year, the price of Pakistani meat has increased by 35% in the past 12 months.
It is more than five times that of the National Broad Consumer Price Index (IPCA) in the same period
.
In response to rising meat prices, many Brazilian families have begun to eat more eggs, pushing the consumption of eggs in Brazil last year to a record high in nearly 20 years
.
“The epidemic has made people poorer and their purchasing power has also declined, which ultimately led to a major reduction in domestic meat consumption capacity
.
Rising beef prices have prompted people to seek other more cost-effective options such as chicken and pork
.
” According to statistics from the National Geographic and Statistics Bureau of Pakistan (IBGE), as of April this year, the price of Pakistani meat has increased by 35% in the past 12 months.
It is more than five times that of the National Broad Consumer Price Index (IPCA) in the same period
.
In response to rising meat prices, many Brazilian families have begun to eat more eggs, pushing the consumption of eggs in Brazil last year to a record high in nearly 20 years
.
The head of the agricultural policy department of Conab said that when Brazil was deeply in poverty, the meat supply in the Chinese market was severely impacted by African swine fever and needed to be imported from other markets, which to a certain extent led to an increase in global food inflation.
The countries within it cause trouble
.
He also mentioned that countries around the world are currently increasing their investment in the food sector.
Due to the sharp depreciation of the real, the increase in production costs brought about by the exchange rate has led to a sharp increase in the price of Pakistani meat
.
The countries within it cause trouble
.
He also mentioned that countries around the world are currently increasing their investment in the food sector.
Due to the sharp depreciation of the real, the increase in production costs brought about by the exchange rate has led to a sharp increase in the price of Pakistani meat
.
