In 2022 the importation of beef in China will continue to grow, will Argentina continue to exclude itself from this party?

Argentina decided this year to stay out of the beef import “party” that has been taking place in China in recent times. The good news is that this trend is expected to continue in 2022. But it is impossible to know - with the level of improvisation prevailing in Alberto Fernández's administration - if the "meat stocks" will continue or not next year. In 2022, the agricultural attachés at the US Embassy in China foresee that the importation of beef by the Asian nation will continue to grow to reach 3.30 million tons of carcass weight, a figure 6% higher than the estimated by 2021. “The growth rate of imports in 2022 is expected to decelerate after the dramatic growth recorded in 2020 and 2021. The consumption of imported beef will be driven by demand in the retail and services sector (hotels, restaurants and catering). thanks to the growth of the average income of the population present in the second and third level cities ”, indicated a report prepared by USDA technicians present ...