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The national swine industry saw weakened foreign demand in 2022, while production in the first three quarters of the year was at a record high. In this scenario, the availability of pork on the domestic market grew considerably, putting pressure on the negotiation prices of the live animal and of the protein.
On the foreign front, although the volume exported in August reached a monthly record of 114.6 thousand tons of meat, shipments abroad from January to the partial December 2022 totaled 1.08 million tons, 3.6% below the figure shipped in the same period in 2021, according to Secex data, compiled by Cepea.
On the domestic front, the national demand for pork throughout 2022 was below what was expected by the industry, mainly due to the weakened purchasing power of the Brazilian population, in view of high inflation.
On the production side, data from IBGE (Brazilian Institute of Geography and Statistics) indicate that between January and September 2022, 42.2 million head of pigs were slaughtered in Brazil, 6.6% more than in the same period in 2021 and a record for the period, considering the Institute's historical series, which began in 1997.
December 28, 2022 /CEPEA /Brazil.
https://www.cepea.esalq.usp.br
