By the end of 2024, the Brazilian market will represent up to 8% of animal protein imports in Mexico, however, greater commercial reciprocity between both markets is necessary for the benefit of the Mexican consumer, reported the Agricultural Markets Consulting Group (GCMA) .
“Public policies such as the Package Against Inflation and High Costs (PACIC) have allowed for greater competitiveness in the prices of Mexican meat. However, in order to consolidate greater commercial reciprocity between Mexico and Brazil, for the benefit of the Mexican consumer, international agreements must be promoted that guarantee access to the markets of both countries, under similar conditions; as well as maintaining import quotas, to protect national production,” said Juan Carlos Anaya Castellanos, general director of GCMA.
The SuKarne Advisor also mentioned that in 2022, Brazil only accounted for 5% of animal protein imports to Mexico, in 2023 it grew to 7%, which translates into an increasing share of Brazilian meat in the Mexican market.
“But we must continue to promote greater trade integration, because it is still far from what the United States represents, which accounts for up to 79% of imports,” said Anaya during his participation in the Mexico-Brazil Business Forum, organized by the Mexican Business Council for Foreign Trade, Investment and Technology (COMCE) and the Brazilian Embassy in Mexico.
In a statement, the agency mentioned that according to data from the United States Department of Agriculture (USDA ), Brazil is one of the main powers in the meat industry , being the second largest producer of beef and chicken; and the third largest producer of pork worldwide.
In the case of Mexico, the USDA projected that by the end of 2024, the country will consolidate its position as the sixth largest producer of beef in the world, the fifth largest producer of chicken, and the seventh largest producer of pork; a product of which more than 45% of national consumption is currently imported.
Currently, SuKarne is the largest exporter and importer of Mexican animal protein, the third largest fattener in the world in number of cattle heads and the fifth largest supplier of beef in North America.
In the Brazilian market, the company is at the forefront of agricultural and commercial integration, being the leading importer of beef, the fourth largest importer of chicken and the 15th largest importer of pork.
SuKarne’s participation in the Mexico-Brazil Business Forum took place at the Club de Industriales, with the presence of the President of the Federative Republic of Brazil, Luiz Inácio Lula Da Silva. The event aimed to promote bilateral integration of leading companies in various sectors.
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