Argentine exports stable despite the increase in world trade
Frozen Bone-In Beef
Argentina
Published Jan 31, 2022
Tridge summary
In a recent report, the United States Department of Agriculture (USDA) forecasts for 2022 a new increase in the world trade of beef, which would stand at 12.04 million tons, 460 thousand tons more (+4% ) than the year just ended. The report foresees improvements in shipments from Brazil, which would export 2.68 million tons (+16%); Australia, 1.47 million tons (+11%) and Mexico (325 thousand tons, +10%).
Original content
Stability is expected in shipments from Argentina (730 thousand tons), Canada (605 thousand tons) and a decline from New Zealand (625 thousand tons, -7%). Curiously, the report says nothing about exports from Uruguay, which in 2021 shipped 560 thousand tons (+43%) and does not refer to anything about Paraguay, which exported 425 thousand tons last year (+34%). In terms of beef imports, the USDA projects a new increase in purchases from China, which in 2022 would total 3.25 million tons, 300 thousand more than the year that just ended. Purchases from the other countries remain stable, with only the expected reductions in imports from South Korea (575 thousand tons, -3%) and the United States (1.48 million tons, -2.6%) standing out. In summary: the recovery of Brazilian exports and a new increase in Chinese meat imports stand out. The world production of beef this year would total 58.18 million tons. Although it grows about 585 thousand tons compared to 2021, it only manages to ...
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