UAE Beef Imports from Brazil Triple

By our Special Correspondent

In a noteworthy shift in the global beef market, the United Arab Emirates (UAE) has seen a remarkable surge in beef imports from Brazil. This dramatic increase has elevated the UAE from fifth to third place among Brazil’s top beef purchasers in just one year. The latest statistics reveal an astonishing 212% rise in beef imports, underscoring the strengthening and increasingly pivotal trade relationship between the two countries.

UAE Beef Imports: A Remarkable Increase

From January to July 2024, the UAE imported a substantial 106,480 tonnes of beef from Brazil. This marks a considerable rise from the 34,120 tonnes imported during the same period in 2023. This 212% increase underscores a robust demand for Brazilian beef in the UAE and reflects a broader trend of growing meat consumption in the region. The revenue generated from these imports also saw a significant increase, reaching USD 484.8 million, compared to USD 152.1 million during the first seven months of 2023. The average price per tonne of beef imported by the UAE was USD 4,550 this year, up slightly from USD 4,460 last year. Read more>>