The Tanmiah Food Group processes beef and poultry in the UAE and Saudi Arabia. Its plans include stepping up protein imports from Brazil and finding partners whose product can be processed at the Group’s facilities and sold under the original Brazilian brand.
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Beef shipments in February declined by 6% year-on-year. China reduced purchases.
Brazil was not authorized to sell the product to the Arab country since 2013, when the market closed due to one atypical case of bovine spongiform encephalopathy.
The month saw 17,123 tonnes shipped from Brazil. Revenue was down 27% year-on-year.
Arab country purchased 71,400 tonnes last year. Spearheaded by China, exports hit record levels in both volume and revenue.
Beef exports from Brazil are set to end the year 13% higher than 2018 at a record-breaking USD 7.5 billion as per industry association Abiec estimates.
Last November, the ton of beef from Brazil was sold for 21.6% more than a year ago. Specialists explain how sales to the Chinese may impact other markets, such as the Arabs.
The newly-accredited companies will be allowed to ship beef to the Arab country. The announcement was made by Brazil’s Agriculture minister Tereza Cristina.
The United Arab Emirates was one of the drivers of Brazilian foreign sales of beef year-to-date through October.
Goods removed from duty list include beef and other food products.
Brazilian Beef Exports Association (ABIEC) has a beef pavilion in APEX-Brazil, with small- and medium-size slaughterhouses. The large-scale companies have their own stands.
Ramax has a headquarter in Brazil and branch offices in the United States and Lebanon. The goal of its first participation in the fair is amplifying businesses with the Arab world.
The leading beef exporting company in South America saw export revenues soar by 49.5% in the 12 months through September, but its sales to Middle Eastern countries declined.
Brazil shipped out 114,420 tons last month, up 17.6% over August 2017.
