Brazil overtook Russia as the second best destination of Paraguayan meat

Published 2023년 2월 6일

Tridge summary

In January 2023, Brazil became the second-largest importer of Paraguayan beef, surpassing Russia with 2,404 tons of beef worth USD 13.2 million, marking an 85% increase in value and a 45.2% increase in quantity compared to the same period in 2022. This shift is largely due to logistical and financial challenges in Russia, caused by the ongoing conflict in Ukraine. Chile remained the top market, absorbing 28.5% of Paraguay's beef exports in January. Overall, Paraguay exported 22,957 tons of beef in January, generating USD 106.1 million, despite experiencing a slight decrease in total export value compared to January 2022.

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

Original content

As of January 31, Brazil became the second best destination for national beef, ousting Russia from the second position and only behind Chile. In the first month of the year Paraguay exported to the neighboring country 2,404 tons for USD 13.2 million, which represented an increase of 85% in values and 45.2% in quantity, compared to the 1,655 tons shipped in the same period of 2022. for $7.1 million. In January Brazil also registered a 27% increase in the export price, as it rose 1770 USD/tonne. In the 31 days of the first month of 2023, it paid USD 5,487, while during the same period last year the figure had reached USD 4,317 per ton. In 2022, Brazil's participation in the ranking of Paraguayan meat destinations reached 14% of the total value generated, which allowed it to remain in third place. This indicates an evolution of exports to the Brazilian market and a decrease in Russia, which for a long period was ranked as the second best destination, but due to the current situation ...

Source: Productivacm