
Brazil - Pork (Meat Of Swine) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBrazil's Pork Export Soars to $2.6 Billion in 2023
Brazil Pork Exports
In 2023, approx. 1.1M tons of pork were exported from Brazil; growing by 7.6% on 2022. Over the period under review, exports saw a prominent increase. The pace of growth appeared the most rapid in 2020 when exports increased by 37% against the previous year. The exports peaked in 2023 and are likely to see steady growth in the immediate term.
In value terms, pork exports expanded significantly to $2.6B (IndexBox estimates) in 2023. Overall, exports showed a strong expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 43%. The exports peaked in 2023 and are expected to retain growth in years to come.
COUNTRY | Export Value of Pork in Brazil (million USD) | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
China | 3.4 | 1.9 | 9.8 | 189 | 101 | 304 | 619 | 1,231 | 1,284 | 1,054 | 876 |
Philippines | 0.7 | 5.0 | 1.4 | 3.5 | 2.4 | 18.7 | 7.1 | 8.5 | 66.3 | 174 | 274 |
Hong Kong | 204 | 174 | 176 | 222 | 220 | 209 | 224 | 238 | 267 | 186 | 259 |
Chile | 12.0 | 23.6 | 19.7 | 51.0 | 54.7 | 69.4 | 98.6 | 101 | 150 | 136 | 196 |
Singapore | 82.9 | 95.2 | 63.8 | 71.7 | 83.2 | 92.3 | 83.3 | 126 | 114 | 132 | 161 |
Japan | 0.8 | 16.5 | 6.6 | 6.1 | 6.5 | 5.8 | 20.6 | 43.3 | 61.1 | 102 | 133 |
Vietnam | N/A | 0.1 | 0.3 | 2.8 | 0.4 | 12.9 | 24.6 | 81.0 | 97.5 | 100 | 114 |
Uruguay | 61.1 | 61.1 | 52.2 | 60.9 | 76.8 | 70.2 | 87.5 | 89.3 | 92.2 | 91.0 | 111 |
Argentina | 32.6 | 27.8 | 32.1 | 66.0 | 92.4 | 86.4 | 70.3 | 49.8 | 97.0 | 84.4 | 36.1 |
Russia | 412 | 808 | 642 | 513 | 686 | 17.5 | 94.4 | 0.3 | 23.8 | 28.4 | 4.4 |
Others | 417 | 232 | 164 | 163 | 141 | 184 | 159 | 152 | 221 | 319 | 466 |
Total | 1,227 | 1,444 | 1,168 | 1,349 | 1,465 | 1,070 | 1,488 | 2,120 | 2,475 | 2,407 | 2,631 |
Exports by Country
China (369K tons) was the main destination for pork exports from Brazil, accounting for a 34% share of total exports. Moreover, pork exports to China exceeded the volume sent to the second major destination, Hong Kong (109K tons), threefold. The third position in this ranking was held by the Philippines (107K tons), with a 9.8% share.
From 2013 to 2023, the average annual growth rate of volume to China stood at +76.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong (+3.1% per year) and the Philippines (+80.6% per year).
In value terms, China ($876M) remains the key foreign market for pork exports from Brazil, comprising 33% of total exports. The second position in the ranking was taken by the Philippines ($274M), with a 10% share of total exports. It was followed by Hong Kong, with a 9.8% share.
From 2013 to 2023, the average annual rate of growth in terms of value to China totaled +74.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (+82.5% per year) and Hong Kong (+2.4% per year).
Exports by Type
Frozen pig meat other than cuts or carcases (1M tons) was the largest type of pork exported from Brazil, with a 96% share of total exports. It was followed by frozen hams, shoulders and cuts of pig meat (30K tons), with a 2.8% share of total exports. Fresh or chilled pig meat other than cuts or carcases (6.3K tons) ranked third in terms of total exports with a 0.6% share.
From 2013 to 2023, the average annual rate of growth in terms of the volume of frozen pig meat other than cuts or carcases exports totaled +10.4%. With regard to the other exported products, the following average annual rates of growth were recorded: frozen hams, shoulders and cuts of pig meat (+4.4% per year) and fresh or chilled pig meat other than cuts or carcases (+64.1% per year).
In value terms, frozen pig meat other than cuts or carcases ($2.6B) remains the largest type of pork exported from Brazil, comprising 97% of total exports. The second position in the ranking was taken by frozen hams, shoulders and cuts of pig meat ($46M), with a 1.8% share of total exports. It was followed by fresh or chilled pig meat other than cuts or carcases, with a 0.6% share.
From 2013 to 2023, the average annual rate of growth in terms of the value of frozen pig meat other than cuts or carcases exports totaled +8.5%. With regard to the other exported products, the following average annual rates of growth were recorded: frozen hams, shoulders and cuts of pig meat (+2.5% per year) and fresh or chilled pig meat other than cuts or carcases (+68.8% per year).
Export Prices by Country
In 2023, the pork price amounted to $2,416 per ton (FOB, Brazil), with an increase of 1.6% against the previous year. Overall, the export price, however, saw a mild downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 24%. As a result, the export price reached the peak level of $3,456 per ton. From 2015 to 2023, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($3,356 per ton), while the average price for exports to Angola ($1,599 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the pork market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1035 - Pig meat
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
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4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
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7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
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8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
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9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
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LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012-2024
- Imports, In Value Terms, By Country, 2012-2024
- Import Prices, By Country, 2012-2024
- Exports, In Physical Terms, By Country, 2012-2024
- Exports, In Value Terms, By Country, 2012-2024
- Exports Prices, By Country, 2012-2024
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LIST OF FIGURES
- Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply Vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply Vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, by Product
- Average Per Capita Consumption, by Product
- Exports and Growth, by Product
- Export Prices and Growth, by Product
- Production Volume and Growth
- Yield and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Producing Animals: Historical Data (2012–2024) and Forecast (2025–2035)
- Yield: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, in Physical Terms, by Country, 2024
- Imports, in Physical Terms, by Country, 2012-2024
- Imports, in Value Terms, by Country, 2012-2024
- Import Prices, by Country, 2012-2024
- Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, in Physical Terms, by Country, 2024
- Exports, in Physical Terms, by Country, 2012-2024
- Exports, in Value Terms, by Country, 2012-2024
- Export Prices, by Country, 2012-2024