In 2022, and despite the adjustment of the world market in recent months, Argentine beef exports increased

Published 2023년 1월 23일

Tridge summary

Argentina's beef exports in 2022 reached 569,650 tons, close to the record set in 2020, marking a 12% increase from the previous year, generating $3,450 million, a 38% increase in revenue. Despite the challenges of falling international beef prices due to China's Covid restrictions and high-quality cut prices in the EU caused by currency devaluation and increased costs from Russia's invasion, the year saw growth in export income. The government's export duties and delayed official exchange rate continue to pose challenges for the industry.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Exports of beef in 2022 totaled 569,650 tons of product weight, which represents some 900,000 tons of bone-in beef, according to data published by INDEC. This means that they were not very far from the export record reached in 2020, when it reached 930 thousand tons. At the same time, the volume shipped implies an increase of 12% compared to the total shipped in 2021, which was 803,000 tons, according to the Ministry of Agriculture. Official data shows, on the other hand, that there was a growth in the income of foreign currency sustained by the very good prices of the first half of the year, although they have fallen sharply in the second part of 2022. This is a phenomenon that it affects all exporting countries equally. In 2021, 2,500 million dollars entered for this concept and this year it reached 3,450 million dollars. The increase in annual billing in hard currency was 38%. In short, and despite the complaints from the businessmen, last year was not bad in general terms and ...

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