Italy is the market that paid the best for Paraguayan beef meat until July

Published 2021년 8월 27일

Tridge summary

The article highlights the dynamic of Paraguayan beef exports in the first seven months of 2021, revealing a notable increase in the implicit price of meat compared to the previous year. The highest paying countries were Italy, Israel, and Taiwan, with Italy offering the best price at US $ 6,620 per ton. The price increase ranged from 7.3% in Israel to 47.6% in Kuwait. Despite Kuwait and Egypt experiencing a decrease in growth, overall exports showed a 39% increase in volume and a 62% increase in revenue, amounting to 237,800 tons and US $ 1,017.3 million, respectively. The main markets included Chile, Russia, Taiwan, Brazil, and Israel.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Taking into account the behavior of the ten main buyers of Paraguayan beef until the end of the seventh month of the year, which concentrate about 91% of participation, Italy was the destination that paid the best for the product with an average of US $ 6,620 per ton. The podium is completed by Israel with an average price of US $ 5,591 per ton and Taiwan with US $ 5,163 per ton, according to the monthly foreign trade report of the Central Bank of Paraguay (BCP) It is important to highlight that the implicit price of meat in the accumulated January-July of this year was 16.5% higher than that registered in the same period of the previous year, reaching an average of US $ 4,278 per ton. The largest increases were observed in Kuwait with an index of 47.6%, Chile 17.8%, Brazil 17.1%, Russia 14.5%, Egypt 13.9%, Taiwan 13.0% and Israel with 7 ,3%. Between January and July of this year, 237,800 tons of beef were exported for a value of US $ 1,017.3 million. The main markets were Chile, ...
Source: Elagro

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