Brazilain Beef Exports to ME to Grow
BRAZIL - Arab countries in North Africa, such as Egypt, Libya and Algeria, should contribute to the recovery of Brazilian beef exports in 2010.
24 December 2009
2 minute read
Speaking to ABNA the president of the Brazilian Beef Industry and Exporters Association (Abiec), Roberto Giannetti da Fonseca said exports to Egypt, one of the five leading buyers of Brazilian beef, have decreased due to the crisis this year, but started to recover in the second half.
"I believe that in 2010 we are going to export a similar or even slightly higher volume than in 2008, before the crisis," he told ABNA.
He added that Libya and Algeria are also important markets for Brazilian beef, of which the leading buyer, Russia, imported 17 per cent less in terms of volume and 39 per cent less in terms of value from January to November 2009, compared with the same period of last year. "It is a very important region that Brazilian beef has conquered, and we intend to keep it growing, because it is a market of hundreds of millions of people, an important destination for Brazilian beef, " he said.
From January to November this year, Egypt imported 12 per cent more raw beef from Brazil, volume-wise, whereas imports by Lebanon, in the Middle East, have grown 32 per cent. As for imports of processed beef, Jordan had the most significant growth of all countries: 76 per cent in volume and 78 per cent in value. Overall, revenues from exports have decreased by 25 per cent, totalling US$ 3.7 billion, and export volume saw a 12 per cent reduction, totalling 1.1 million tonnes.
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