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37% year-on-year
.
As Pakistan’s economic recovery in 2022 is expected to remain fragile, next year’s agricultural output value is expected to increase by up to 5%
.
On the other hand, thanks to positive factors such as climate stability, the soybean harvest in Pakistan next year will reach 289 million tons, a record high, a year-on-year increase of 14%
.
Production costs
.
The agency stated that most of Brazil’s chemical fertilizers, pesticides and other raw materials are imported.
Therefore, under the background of high international commodity prices, Brazil’s agricultural production costs will rise, which may become the main factor dragging down the growth of agricultural GDP next year.
“This year, Brazilian farmers face It’s a difficult situation-the cost of raw materials such as fertilizers and pesticides used in soybean and corn production has doubled, and this trend is expected to continue next year
.
” Among them, as of October this year, the world’s best-selling pesticides glyphosate and urea had prices in the past 12 During the month, there was a substantial increase of 372% and 147% respectively.
“The increase in production costs may reduce the profitability of farmers’ production to a certain extent
.
”
.
The agency stated that most of Brazil’s chemical fertilizers, pesticides and other raw materials are imported.
Therefore, under the background of high international commodity prices, Brazil’s agricultural production costs will rise, which may become the main factor dragging down the growth of agricultural GDP next year.
“This year, Brazilian farmers face It’s a difficult situation-the cost of raw materials such as fertilizers and pesticides used in soybean and corn production has doubled, and this trend is expected to continue next year
.
” Among them, as of October this year, the world’s best-selling pesticides glyphosate and urea had prices in the past 12 During the month, there was a substantial increase of 372% and 147% respectively.
“The increase in production costs may reduce the profitability of farmers’ production to a certain extent
.
”
Operating income
.
The agency predicts that next year, the growth rate of Brazilian agricultural operating income will slow down compared with previous years, reaching 1.
25 trillion reais, an increase of 4.
2% year-on-year
.
Among them, the output of crops such as coffee, corn and wheat will increase next year, and prices of sugar cane, coffee and cotton will also rise
.
On the other hand, the total output value of major agricultural products such as soybeans, beef and corn will decline next year
.
.
The agency predicts that next year, the growth rate of Brazilian agricultural operating income will slow down compared with previous years, reaching 1.
25 trillion reais, an increase of 4.
2% year-on-year
.
Among them, the output of crops such as coffee, corn and wheat will increase next year, and prices of sugar cane, coffee and cotton will also rise
.
On the other hand, the total output value of major agricultural products such as soybeans, beef and corn will decline next year
.
Foreign trade
.
The agency believes that factors such as the new crown epidemic, shipping bottlenecks (such as container shortages), global production raw material supplies and environmental protection agendas may have a certain impact on Brazilian agricultural exports next year
.
The agency also stated that China will remain one of Pakistan's main agricultural products trading partners, and it is expected that Brazilian beef exports to China will resume next year
.
In the first 11 months of this year, Pakistan’s agricultural exports reached a record high of US$110.
7 billion, surpassing the level of US$101.
2 billion last year, an increase of 18.
4% year-on-year
.
Among them, the main export agricultural products are soybeans, beef, raw cane sugar and chicken, and the main export destination countries are China, the European Union, the United States, Thailand and Japan.
The total imports of the five countries account for 62% of Pakistan's total agricultural exports
.
.
The agency believes that factors such as the new crown epidemic, shipping bottlenecks (such as container shortages), global production raw material supplies and environmental protection agendas may have a certain impact on Brazilian agricultural exports next year
.
The agency also stated that China will remain one of Pakistan's main agricultural products trading partners, and it is expected that Brazilian beef exports to China will resume next year
.
In the first 11 months of this year, Pakistan’s agricultural exports reached a record high of US$110.
7 billion, surpassing the level of US$101.
2 billion last year, an increase of 18.
4% year-on-year
.
Among them, the main export agricultural products are soybeans, beef, raw cane sugar and chicken, and the main export destination countries are China, the European Union, the United States, Thailand and Japan.
The total imports of the five countries account for 62% of Pakistan's total agricultural exports
.
