Brazil’s pork sector is expected to record another positive year in 2026, supported by higher exports, moderate production growth and firm prices, according to Cepea.
Cepea projects pork exports at about 1.44 million tonnes in 2026, an increase of 6.3% from 2025. The rise would reinforce Brazil’s position among the world’s leading pork exporters. Since 2023, Brazil has ranked third globally, based on US Department of Agriculture data.
Analysts point to the opening and consolidation of new markets and growth in export value. The Philippines are expected to remain Brazil’s main destination, with imports forecast to rise 7% in 2026.
Exports to China, Brazil’s second-largest pork market, are expected to continue falling due to weaker demand. From the 2021 peak to partial data for 2025, Brazilian pork shipments to China dropped by more than 70%.
In the Americas, demand from Mexico is expected to grow further. Mexico is the world’s largest pork importer, and recent trade agreements aim to expand purchases from Brazil.
In the domestic market, prices are expected to remain high, following the 2025 trend and supported by firm demand. The Brazilian Animal Protein Association projects per capita pork consumption at 19.5 kilograms in 2026, up 2.5% from the previous year.
To meet demand, Cepea forecasts a 4% increase in pork production to 5.88 million tonnes in 2026.
Cepea also expects favourable producer profitability, supported by strong live hog prices. Corn and soybean meal prices may rise, especially in the first half of the year, but large opening stocks and strong harvests are expected to limit cost pressures.
No comments:
Post a Comment
What's do you think about this News Story? Share your thoughts here, let's learn together...