Argentine meat exports grew in January, driven by Chinese demand but low prices
Offal
Frozen Boneless Beef
Frozen Bone-In Beef
Meat
Argentina
Published Mar 6, 2023
Tridge summary
Argentine beef exports registered an increase of 3.5% in volume and 7.9% in value in January, compared to December, particularly due to the impact of increased demand from the Chinese market, reported the ABC Exporters Consortium. , for its acronym in English.
Original content
In the first month of the year, sales abroad of refrigerated and frozen beef reached a volume close to 50.4 thousand tons by product weight for a value of the order of US$ 206.4 million, ABC specified. Compared to January 2022, the volumes exported are 30.9% higher, while the value obtained was 4.1% lower. The average price was US$ 4,097 per ton last January; value 4.3% higher than that obtained in December 2022 and 26.7% lower than the average price of January 2022, which had been US$ 5,590 per ton. In recent months, there has been a “persistent downward trend” in prices in the main destinations, from May onwards, reaching minimums in December 2022, with US$3,928 per ton. The average US$4,097 per ton obtained in January 2023 is US$2,200 below the maximum recorded in April. “The People's Republic of China has been the main export destination during January 2023; In the last month, 7.4 thousand tons of bone-in meat and bovine bones were shipped to China as a result of the ...
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