Argentina's beef exports increased by more than 23% in volume

Published 2024년 10월 8일

Tridge summary

In August 2024, Argentine beef exports experienced a 23.8% increase from the previous month, reaching a value of approximately 253.2 million dollars. This represents a 4.4% increase compared to the same period in 2023. The average export price for beef fell by 6.1% compared to July 2024. The People's Republic of China continues to be the largest market for Argentine beef, followed by Israel and the United States. From the beginning of 2024, there has been a notable increase in demand for Argentine beef in the United States, Mexico, Italy, Chile, and Brazil, with the Netherlands and Germany showing a decrease in demand.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(NAP) Beef shipments increased 23.8% last August, while the increase in billing was around 16.3% compared to the previous month, according to the latest survey published by the Argentine Beef Promotion Institute (IPCVA). The average export price for the month of August 2024 is moderately lower (-6.1%) than that observed in July of this year. Shipments of chilled and frozen cuts (excluding bones), and processed meat for the month of August 2024 totaled nearly 58.3 thousand 1 tons of beef product weight, worth approximately 253 million dollars. In August 2024, foreign sales of beef registered an increase of 23.8% compared to those of last July and were also higher (+5.2%) than those of August 2023, considering the volumes shipped in tons of product weight (bovine bones, offal and viscera are not included). Argentine beef exports for the month of August 2024 reached a value of approximately 253.2 million dollars, resulting in 16.3% higher than the previous month and 4.4% higher than ...

Source: Noticias Agropecurias