Paraguayan meat industry remains strong and beef exports continue to grow

Published 2024년 10월 8일

Tridge summary

Between January and September, Paraguay exported over 288,000 tons of beef and offal, earning approximately US$1.279 billion. Beef exports alone reached over 250,000 tons and US$1.217 billion, showing a 6.38% increase in volume and 8.56% in value compared to the previous year. In September, exports were 28,500 tons, slightly down by 1.26% from August, with earnings of about US$142 million. While Paraguayan beef prices have remained stable, Brazilian prices have been rising. The growth of Paraguay's meat industry is driven by market expansion, especially in Chile and Brazil, with 55 international markets importing Paraguayan beef. Chile accounts for 40% of the market share, importing around 93,000 tons valued at US$483 million.

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

Original content

According to Paraguay's Latest Times, from January to September, the total export volume of Paraguayan beef and offal exceeded 288,000 tons, earning about US$1.279 billion. Among them, the export volume of beef alone exceeded 250,000 tons, with revenue reaching US$1.217 billion, an increase of 6.38% in export volume and 8.56% in export value compared with the same period in 2023. The export volume in September was 28,500 tons, a slight decrease of 1.26% compared with August, earning about US$142 million. In terms of price, Paraguayan beef prices have remained basically stable, and even slightly recovered. In contrast, Brazilian beef prices have risen for 12 consecutive weeks, although its currency depreciation has limited the impact of the US dollar. The growth of Paraguay's meat industry is mainly due to the expansion ...

Source: Foodmate