Brazil's Beef and Chicken Exports Set for Another Record Year in 2025
Brazil is set to break new records in beef and chicken exports in 2025, driven by lower grain prices, strong demand from China, and potential new trade agreements.
Brazil is on track to set new records for beef and chicken exports in 2025, thanks to lower grain prices and strong demand from China. Industry experts are optimistic that the world's largest exporter of these meats will continue to thrive, driven by favorable economic conditions and growing international markets.
Why Are Exports Increasing?
Two key factors are boosting Brazil's meat exports:
Lower Grain Prices: Feed costs play a major role in meat production, and with grain prices falling, Brazilian farmers can produce beef and chicken at a lower cost.
Weaker Brazilian Currency: A weaker real makes Brazilian exports more affordable for international buyers, increasing demand for the country's meat products.
China: Brazil's Biggest Buyer
China remains the largest importer of Brazilian beef and chicken. In 2024, beef exports to China alone generated a staggering $6 billion in revenue.
Brazil exported 2.89 million tons of beef in 2024, a 26% increase compared to the previous year. These sales amounted to $12.8 billion, a 22% rise from 2023.
Chicken Exports Also on the Rise
Brazil's chicken exports saw a more modest but still significant increase. The country shipped 5.294 million tons of chicken meat in 2024, a 3% rise from the previous year, bringing in a record $9.928 billion in revenue.
ABPA, the association representing Brazil's poultry and pork industries, expects even higher shipment volumes in 2025, with average monthly exports exceeding 440,000 tons.
Future Growth and New Markets
Brazilian authorities are actively working to open new markets for beef exports, with negotiations underway in Japan, Vietnam, Turkey, and South Korea. If successful, these new trade agreements could further boost sales and solidify Brazil’s position as a global meat powerhouse.
What This Means for the Global Market
With Brazil's meat production growing, global meat prices could remain stable or even decrease in some markets. For consumers, this means more affordable beef and chicken, while Brazilian producers continue to benefit from strong international demand.
Final Thoughts
The combination of favorable economic conditions, strong demand from China, and potential new trade deals puts Brazil in a prime position for another record-breaking year in meat exports. As 2025 unfolds, all signs point to continued growth and expansion for Brazil’s beef and chicken industries.
Source: https://www.reuters.com/markets/commodities/china-lower-grain-prices-bolster-brazil-beef-chicken-export-prospects-2025-01-07/