News

Kuwait increased the price paid for Paraguayan meat by 50%

Meat
Kuwait
Paraguay
Published Sep 21, 2021

Tridge summary

Kuwait improved the price paid for Paraguayan meat by 50.2% until August 2021, compared to the first eight months of 2020. This market is among the five destinations that paid the best for the national red protein, according to Foreign Trade data of the Central Bank of Paraguay (BCP).

Original content

At the end of August 2021, Kuwait was positioned as the fifth destination that paid the best for domestic beef (4,634 USD / ton), a year-on-year growth of 50.2%, compared to what was registered between January and August of last year . This market had the highest price increase of the main destinations of the national product. Ahead of Kuwait were Italy ($ 6,690 / ton), Israel ($ 5,638 / ton), Taiwan ($ 5,231 / ton) and Chile ($ 5,081 / ton) as the destinations that paid the best for domestic meat. Although shipments to Kuwait decreased in this period, the better price of the national product allowed an income of USD 17.9 million, USD 2.6 million more than the figure generated at the end of the eighth month of 2020, when USD 15 was generated. ,3 millions. In terms of volume, shipments of Paraguayan red protein to Kuwait suffered a decrease of 22%. During the first eight months of this year, 3.9 thousand tons were exported, while between January and August of the previous year, 4.9 ...
Source: Productivacm
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