In 2023, Brazil exported approximately 2.75 million metric tons of beef and veal meat. Forecasts indicate a steady year-on-year growth in exports from 2024 to 2028, rising from 2.81 to 3.05 million metric tons. This suggests an average annual growth rate (CAGR) of about 2% over five years, reflecting a healthy increase in the global demand for Brazilian beef.
Future trends to watch for include:
- Increasing global demand driven by the rising consumption in emerging markets.
- Potential impacts from shifts in trade policies or climate change affecting meat production.
- The adoption of sustainable practices in meat production to align with global environmental standards could influence production costs and export dynamics.