Paraguay: Foreign Ministry and livestock sector analyze 26 potential markets for meat

Published Dec 11, 2024

Tridge summary

The president of APPEC, Ramiro Maluff, discussed the strategic plans of the Paraguayan livestock sector to expand into new markets, with a particular focus on Japan and Korea, as the industry aims to diversify its export destinations beyond the United States. Despite the challenges of not being able to export to China, the sector is analyzing 26 potential markets, including several in Southeast Asia. This strategy is aimed at finding profitable markets that can offer competitive values for Paraguayan meat, despite the current situation not providing better prices for primary producers in the United States, where exports have surpassed expectations.

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

Original content

During the evaluation of the year of the livestock sector, the president of APPEC highlighted in the Sunday agricultural classic that all the actors of the meat segment, including the industry, are working on a table that the Ministry of Foreign Affairs promoted to analyze and see the possibility of entering new markets with Paraguayan meat. Maluff pointed out that most of the world's population is in Southeast Asia, but for geopolitical reasons, one cannot think of China, which is the most important market for all world production. "China imports around 33% of all the meat in the world, unfortunately it is forbidden to us," he lamented. He also stressed that of the four most important markets in the world, which are China, the United States, Japan and Korea, Paraguay is only present in the United States, so he considers it necessary to work on the opening of Japan and Korea. "Work is being done, there is a reasonable horizon in which we can advance, it will take time, but we are ...

Source: Productivacm