Uruguay replaces Argentina as the second largest meat supplier to China

Published 2021년 11월 16일

Tridge summary

Uruguay has emerged as China's second-largest meat supplier, overtaking Argentina, due to a decrease in Argentine beef exports following export restrictions in May, while Brazil and U.S. beef exports to China experienced growth. This shift occurred between June and September, with Uzbekistan also experiencing a decline in market share. Overall, China's demand for beef has remained strong, leading to an anticipated 20% increase in beef exports compared to the previous year. However, export restrictions have negatively impacted investment and the future of the beef production sector.

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

Original content

According to a report by Uruguay’s “Nation” on November 12, research by the Argentine think tank Mediterranean Foundation shows that Uruguay has surpassed Argentina to become the second largest meat supplier to China. In 2020, Brazil (40%), Argentina (23%) and Uruguay (11%) is the top three meat exporters to China. Since Argentina restricted beef exports on May 20 this year, beef exports from June to September fell by 16.5% from January to May. At the same time, Brazil, Uruguay and Uruguay U.S. beef exports to China increased by 41.6%, 22.9%, and 6.2% respectively. In September of this year, Uzbekistan overtook Argentina to become the second largest supplier of meat exports to China. Uzbekistan’s market share in China dropped from 23% to 11%. From 11% to 14%, Brazil still ranks first, increasing from 40% to 46%. The ...

Source: China Farming