Cuba paid the best price for Paraguayan poultry meat

Published Jun 22, 2024

Tridge summary

Between January and May of this year, Cuba significantly increased its payment for Paraguayan poultry meat by 18%, amounting to USD 2,483, which is the highest price paid by any destination. This price hike is part of a broader trend, with Vietnam, Iraq, Kosovo, Guinea, Bahamas, and the Maldives also experiencing increases in poultry meat prices. In contrast, Mozambique saw a slight decrease, while Albania remained stable. The average export price of Paraguayan poultry meat rose to USD 1,140/t, a 9.9% increase from the previous year. However, Paraguay's poultry exports experienced a decline, with a 31% drop in volume and a 24% decrease in revenue compared to the same period last year.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

From January to May of this year, Cuba paid a value of USD 2,483 for national poultry meat, that is, USD 378 more than the USD 2,105 registered in the first five months of last year. This meant a year-on-year increase of 18% and the best price paid among all the destinations to which the Paraguayan product had access. Among the poultry meat markets that recorded price increases, Vietnam (56.7%), Iraq (35.8%), Kosovo (32%), Guinea (23.6%), Bahamas (2, 7%) and the Maldives Islands (2.2%). However, Mozambique saw a loss of 0.9%, while Albania showed no changes in the price paid. In general, the BCP indicates that the average export price of poultry meat reached USD 1,140/t, an increase of USD 102 (9.9%), compared to the USD 1,038 ...
Source: Productivacm
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