Argentina was a barbecue, beef consumption continues to fall in Salta and in the country while exports grow

Published 2024년 12월 31일

Tridge summary

The Chamber of Industry and Commerce of Meat and Derivatives of Argentina (CICCRA) has reported a 12.4% year-on-year decrease in beef consumption per capital, with the twelve-month moving average dropping to 47 kilos per inhabitant by November 2024. This represents the lowest consumption record in the last 22 years. Domestic beef consumption was down 10.1% in October 2024, at 2,038 million tons. Slaughter numbers also decreased by 5.7% in the first eleven months of the year. Despite the domestic consumption decline, beef exports saw a 39.8% increase in October 2024, largely driven by China, with other significant contributors being Israel, the USA, Mexico, and Germany.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This was revealed by the Chamber of Industry and Commerce of Meat and Derivatives of the Argentine Republic (CICCRA). The entity also highlighted that the twelve-month moving average until November 2024 was 47 kilos per inhabitant, which shows a 12.4% year-on-year decrease. “Thus, estimates indicate that consumption of the product suffered the lowest record in November in the last 22 years,” they highlighted. In detail, the apparent domestic consumption of beef was equivalent to 2,038 million tons, 10.1% lower than the absorption in the domestic market in the same period of 2023. According to the report, in the first eleven months of the year, a total of 369 establishments slaughtered 12.67 million heads of cattle, that is, 5.7% less than in January-November 2023. The total exported in October 2024 was equivalent to 56.2 thousand tons - without considering sales of bones with meat - and in the monthly comparison a reduction of 6.6% was observed, explained by the 'normalization' of ...
Source: Agromeat

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