Paranaguá is also the largest Brazilian container export route to the country; the World Cup can stimulate consumption and contribute to increased exports by the end of 2022.
This year the eyes of the world are on Qatar. The reason: the World Cup 2022. The market expectation with the event is a positive movement for the economy of both countries and the foreign trade figures are positive between Brazil and Qatar.
According to data from Comex Stat, between January and October 2022, Brazilian imports reached 1 billion dollars, with leadership in fertilizers and liquefied natural gas (LNG). Exports rose by 167% in the same period, compared to the previous year, and moved almost 340 million dollars. Meat is the second most exported commodity by Brazil to Qatar, second only to ore.
This demand can be explained by the economic profile of the country, which is one of the largest oil producers in the world, according to the Organization of Petroleum Exporting Countries (OPEC). After 60 years, Qatar stopped participating in OPEC, to concentrate production in liquefied natural gas, becoming the main exporter of this product on the planet. On the other hand, the demand for beef and chicken is greater than its own production and, therefore, a large part of these products comes from abroad.
According to data released by the Brazilian Association of Animal Protein (ABPA), Brazil is responsible for 60% of the volume of chicken meat imported by the country. In the first ten months of this year, about 90,000 tons of chicken meat left Brazil for the Middle Eastern country – an increase of more than 40% over the same period in 2021.
In Brazil, TCP, the company that manages the Paranaguá Container Terminal, is the largest Brazilian meat export route to Qatar. According to data from Comex Stat, TCP leads with 40% of national meat exports to the country and keeps growing more and more. From January to October 2022, the volume of meat shipped by TCP to Qatar was over 38.8 thousand tons, an increase of 52% compared to the same period last year, – with a financial turnover of over 210 million dollars.
TCP’s commercial manager, Giovanni Guidolim de Souza, points out that the numbers point to a growth of Brazil’s economy with exports to Qatar and “TCP is investing to meet this, and other, market demands. In 2022 alone, 370 million reais have already started to be invested in the terminal. They are fundamental to expand our refrigeration area, strengthening TCP as a reference for the international meat market.”
TCP is considered a market leader in the chicken meat export service. To have an idea, in the first 10 months of this year, about 1.72 million tons of the product were exported by the terminal. To meet this demand, the company is in constant modernization, including expanding the reefer areas (refrigerated) by 43% in 2022, that is, it will have more than 5 thousand outlets for powering and storing refrigerated containers.
Largest container export route
Another important fact reveals that TCP was the Brazilian company with the largest container export route to Qatar, between January and September, 2022. According to the DataLiner system, the terminal handled almost three times more than the second place.
There was also a 65% growth compared to the same period last year. According to Guidolim, TCP is increasingly “breaking productivity records and improving customer service. This year alone, we have even registered two handling records in the same day and, in October, we received the largest ship in capacity in the history of the terminal.
About the World Cup in Qatar
Qatar is one of the Middle Eastern countries bordering Saudi Arabia. In 2010, the country was chosen to host the 22nd edition of the World Cup, a world-famous soccer event organized by the International Federation of Association Football (FIFA). This is the first time a Middle Eastern country will host the tournament. Qatar, which has been preparing for 12 years, is expected to add about $17 billion to its economy with the World Cup, with an estimated influx of more than 1 million visitors to the country during this period.
With seven cities that will be part of the competitions, the event kicks off with the opening match between Qatar and Ecuador on November 20. The competition runs until December 18, and Brazil opens the tournament against Serbia on November 24.