Argentina's comparison of August exports of the last three years

Published 2021년 9월 28일

Tridge summary

In August, exports of frozen products reached 324,474 tons, generating $1.3 billion in foreign currency. While there has been growth in exports of hubbsi hake, shrimp, and illex squid compared to the previous year, prices have remained low and have not reached the levels of 2019. Brazil, Spain, and the United States are the main markets for hubbsi hake and shrimp, respectively. Shrimp tail exports have seen a significant increase of 18% from 2019 to 2021, but the average price has decreased. Spain has been the main buyer of shrimp tails this season, paying a value higher than the average.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Exports of frozen products reached 324,474 tons in August and generated 1.3 billion dollars in foreign currency. The year-on-year comparison of sales of the main products shows that in the case of hubbsi hake, a greater volume was exported than in 2020 but less than in 2019, the last year of normal conditions in the world market and prices, especially for filet , were the lowest in the last three years. In the case of shrimp, the volume of sales grew significantly compared to last year, but comparing with 2019 it is observed that in the case of the whole, the volume of demand recovered at a better price, while the tails increased a lot in volume, but the price is below that of two years ago. For illex squid, the third species of great importance in the industry, the volume of sales, although it was lower than in 2020, an excellent year for the sector, had a good demand but with a large drop in price, which reduced significantly the inflow of foreign exchange. If sales as of August ...

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