The El Sheikh Group does not ship product to Brazil, but its CEO asserts that the country has the potential to be one of its biggest markets, alongside China.
Browsing: exports
The date producing company Siafa is showcasing its products at the Anuga Select Brazil trade show. The goal is to break into the Brazilian market, where date consumption has shown sustained growth.
Conflict led to a decline in Brazil’s chicken meat shipments to the Middle East in March compared to February. Despite this, more than 45,000 tonnes were sent to countries directly impacted by the closure of the Strait of Hormuz, according to Ricardo Santin.
A debate on the potential of the Muslim food and beverage market held at the Anuga Select Brazil exhibition shows that the country must add value to its export chain.
Iraq’s Oil Ministry said it has started sending tanker trucks carrying oil to Syria. Iraq depends on the Strait of Hormuz for exports, while Syria has a Mediterranean coastline.
Brazil-based company is betting on a diverse range of mate products for export. One of its goals is to resume shipments to Arab markets, where it had clients in the past. The conflict in the Middle East may require operational adjustments, but the company believes the market will gradually reorganize.
Brazilian companies will attend SIAM through an initiative by the Ministry of Agriculture and Livestock in partnership with the Ministry of Foreign Affairs between April 20 and 28. Registration is still open.
Commenting on the impact of the war in the Middle East during the company’s earnings presentation on Thursday (26), CEO Gilberto Tomazoni said JBS continues to supply the region normally.
Already known to Brazilian consumers, Carob House makes a carob bar as an alternative to chocolate and has set up a base in Switzerland to expand its vegan products internationally. The raw material comes from a tree native to the Mediterranean.
The company’s CEO, Miguel Gularte, said demand in the region is being met through an operational stock strategy and by redirecting cargo to active ports, using feeder vessels and overland freight.
In the first two months of the year, 3,400 pairs were imported from the Arab country, more than double the same period last year, according to Abicalçados data.
Qatar’s Minister of State for Energy Affairs Saad bin Sherida Al Kaabi said the conflict could force Gulf states to stop producing and supplying energy within days.
Data from February, which still do not reflect the US–Israel war with Iran, show the UAE and Saudi Arabia among the top importers of Brazilian chicken.
Brazil’s monetary council approved changes that relax deadlines, reduce requirements, and expand the scope of the Financing Exports Program.
