After a record in 2023, Argentine meat exports are experiencing uncertainty

게시됨 2024년 1월 29일

Tridge 요약

Argentina's beef exports hit a record high in 2023, with a total of 682 thousand tons shipped, marking a 7.7% increase from the previous year. This surge is largely due to China's demand, which accounted for 73% of boneless meat and nearly all bone-in meat purchases. However, due to state interference in livestock farming and the impact of La Niña, Argentina's exports may stabilize or decline in 2024. Additionally, the country's ability to sustain domestic meat consumption is under threat due to the decreasing purchasing power of its population.
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원본 콘텐츠

Beef exports from Argentina broke a record in 2023, despite retenciones (taxes on international sales) and other measures by the local government to try to curb prices in the domestic market. This year, however, it is possible that the winds of uncertainty will force Argentine livestock farming to take a step back. Shipments of beef (bone-in and boneless) from Argentina totaled 682 thousand tons, according to data from the Argentine Ministry of Agriculture, Livestock and Fisheries compiled by the consultancy Safras & Mercado. The volume is 7.7% higher than the 633 thousand tons exported in 2022. “This growth is closely linked to China, which purchased 73% of boneless meat and practically all bone-in meat sold by Argentina”, said analyst Fernando Iglesias, from Safras & Mercado, to the report. Currently, Argentina meets a different Chinese demand than that arriving in Brazil: the animals exported are, for the most part, discarded females, aged over 40 months. From Brazilian ...
출처: Beefpoint

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