2010 Pork Exports Up in Value

by 5m Editor
1 February 2011, at 10:47am

BRAZIL - Pork export volumes in both November and December 2010 made double-digit declines compared to the same months of the previous year. For the year as a whole, exported volume was 11 per cent lower than the year before but the US dollar value of those sales was up more than nine per cent.

According to ABIPECS, Brazil exported 43,008 tons of pork in November 2010, which is 18.8 per cent less than the same month last year. The average price per ton in US dollars – $2,677 – was 22.9 per cent higher than the same month last year. The value of November's sales was US$115.1 million, just 0.3 per cent lower than the same month in the previous year.

The figures for December exports also show a drop in volume (-16.9 per cent compared to the same month in 2009) at 35,528 tons. Despite the average price in US dollars being 19.5 per cent higher than a year before at $2,588, the value of the month's exports was down marginally (0.70 per cent) compared to December 2009 at just under $92 million.

For the calendar year of 2010, pork exports were down 11.0 per cent to just over 540,418 tons, compared with 607,490 ton for 2009. The value of 2010 sales was $1.341 billion, which is 9.3 per cent higher than in 2009 ($1.226 billion). At $2,481 per tonne, the average US dollar price per ton of the 2010 sales was 22.9 per cent higher than in 2009, when the average stood at $2,019.