echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Food News > Food Articles > Brazil may become the world's largest beef exporter in 2030, accounting for nearly 1/3 of the market

    Brazil may become the world's largest beef exporter in 2030, accounting for nearly 1/3 of the market

    • Last Update: 2021-12-24
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    According to the latest report recently released by the United States Department of Agriculture (USDA), Brazil is expected to become the world's largest beef exporter by 2030, and its export volume will account for 29% of the global market
    .
    The report predicts that Brazil's beef exports will increase by 41.
    8% in the next 9 years
    .
    Ranked second is the United States , which is expected to account for 11.
    4% of the market in 2030
    .
     
    CNN Brazil website reported on December 2 that the report stated that the rapid development of Brazilian beef exports is mainly due to two reasons.
    One is that the world's demand for beef is expected to rise, and the other is that beef exports from other countries will not change significantly.

    .
     
    The data shows that between 2021 and 2030, Brazil's beef exports from its main competitors (the United States and the European Union) in the meat export market are expected to remain stable
    .
     
    To meet external demand, Brazil's beef productivity will also increase
    .
    According to the report, Brazil’s current annual beef production is about 10 million tons, and it is expected to jump to nearly 12.
    4 million tons by 2030
    .
    By then, although Brazil may become the world's largest beef exporter, the United States will continue to be the largest beef producer, with an estimated annual output of about 13.
    3 million tons
    .
     
      Ana Cecília Kreter, a researcher at the Brazilian Institute of Applied Economics (Ipea) and PhD in Economics, explained that beef consumption in the domestic market in the United States is higher than that in Brazil, so the export volume of such products in the United States is even higher.
    Low
    .
     
      She pointed out that economic factors are one of the main reasons for the decline in demand for animal protein in the Brazilian market
    .
    The researcher said: "Americans prefer this type of meat
    .
    Eating more meat is a cultural habit of Americans and Brazilians
    .
    However, family purchasing power limits the types of animal protein that Brazilians can choose
    .
    "
     
      The economist said: “We have seen an increase in the consumption of lower-priced proteins such as chicken and eggs in the Brazilian market last quarter
    .
    However, if the economic level allows, these consumers are not willing to eat higher Quality meat?"
     
      The report data also emphasizes that by 2030, Brazil will surpass Canada in third place in the global pork export rankings
    .
    At present, the European Union and the United States occupy the first and second places in the pork export rankings respectively, Canada ranks third (exports of 1.
    4 million tons in 2021), and Brazil ranks fourth (exports of 1.
    2 million tons this year)
    .
    It is estimated that by 2030, Brazil's pork exports will increase to 1.
    8 million tons, exceeding Canada's forecast (1.
    7 million tons)
    .
    U.
    S.
    Department of Agriculture Brazilian beef exports to the U.
    S.
     
      CNN Brazil website reported on December 2 that the report stated that the rapid development of Brazilian beef exports is mainly due to two reasons.
    One is that the world's demand for beef is expected to rise, and the other is that beef exports from other countries will not change significantly.

    .
     
      The data shows that between 2021 and 2030, Brazil's beef exports from its main competitors (the United States and the European Union) in the meat export market are expected to remain stable
    .
     
      To meet external demand, Brazil's beef productivity will also increase
    .
    According to the report, Brazil’s current annual beef production is about 10 million tons, and it is expected to jump to nearly 12.
    4 million tons by 2030
    .
    By then, although Brazil may become the world's largest beef exporter, the United States will continue to be the largest beef producer, with an estimated annual output of about 13.
    3 million tons
    .
     
      Ana Cecília Kreter, a researcher at the Brazilian Institute of Applied Economics (Ipea) and PhD in Economics, explained that beef consumption in the domestic market in the United States is higher than that in Brazil, so the export volume of such products in the United States is even higher.
    Low
    .
     
      She pointed out that economic factors are one of the main reasons for the decline in demand for animal protein in the Brazilian market
    .
    The researcher said: "Americans prefer this type of meat
    .
    Eating more meat is a cultural habit of Americans and Brazilians
    .
    However, family purchasing power limits the types of animal protein that Brazilians can choose
    .
    "
     
      The economist said: “We have seen an increase in the consumption of lower-priced proteins such as chicken and eggs in the Brazilian market last quarter
    .
    However, if the economic level allows, these consumers are not willing to eat higher Quality meat?"
     
      The report data also emphasizes that by 2030, Brazil will surpass Canada in third place in the global pork export rankings
    .
    At present, the European Union and the United States occupy the first and second places in the pork export rankings respectively, Canada ranks third (exports of 1.
    4 million tons in 2021), and Brazil ranks fourth (exports of 1.
    2 million tons this year)
    .
    It is estimated that by 2030, Brazil's pork exports will increase to 1.
    8 million tons, exceeding Canada's forecast (1.
    7 million tons)
    .
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.