Canada becomes the ninth largest buyer of Paraguayan meat

Published Nov 4, 2024

Tridge summary

Within five months of initiating meat exports to Canada, Paraguay has managed to rank among the top 10 buyers, with purchases amounting to 4,677 tons valued at US$ 21.5 million. The average price per ton was US$ 4,616. Following a nearly three-and-a-half-year negotiation period, the Canadian market's opening for Paraguayan meat has surpassed export expectations to Canada. From January to October, Paraguay's meat exports were significant, reaching 287,943 tons and generating revenue of US$ 1.415 billion. The exports were distributed to 50 countries, with Chile, Taiwan, Brazil, Israel, and the United States being the primary recipients.

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

Original content

In just five months since the start of Paraguayan meat exports to Canada, that market managed to position itself among the 10 main buyers in the country, reaching ninth place, according to the National Service for Quality and Animal Health (Senacsa). The Canadian market acquired 4,677 tons of Paraguayan meat for a value of US$ 21.5 million, at an average price of US$ 4,616 per ton. It is important to note that, after almost three and a half years of intense negotiations, on May 13 the opening of the Canadian market for Paraguayan meat was made official. The first shipment was made in June and included 26 tons. The meat sector estimated that between 3,000 and 4,000 tons of meat destined for the production of hamburgers in Canada would be exported this year, a projection that has been surpassed. Paraguayan meat exports remain strong. Regarding annual sales, data from the Senacsa bulletin reflect that between January and October, some 287,943 tons of red protein have been placed on ...

Source: Elagro