Paraguay's lower meat price impacted revenue in February

Published 2023년 3월 2일

Tridge summary

Paraguayan beef exports have seen a decrease in average price by 11% in the first two months of the year, despite a slight increase in volume, generating USD 214.1 million from 46,514 tons. The price drop resulted in a lower revenue of USD 4,602 per ton compared to USD 5,192 in the same period last year. Despite the price drop, Paraguay's beef was exported to 37 markets, an increase from 31 in the previous year. Additionally, 8,234 tons of bovine offal were exported, generating USD 13 million, marking an 11.5% decrease in value but a 14% increase in volume compared to the same period in 2022.

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

Original content

The increase in exported volume (3%) in this first two-month period of the year was not enough to offset the 11% drop in the average price of Paraguayan beef, according to Productiva's analysis. Until the last month, USD 214.1 million was generated for shipments of 46,514 tons, while until February of last year, USD 235 million entered for 45,215 tons shipped. The price registered a drop of USD 590 in these first two months of the year. For the national product, USD 4,602/ton was paid, while in the same period of 2022 it was sold at USD 5,192. Destinations. Until February, Paraguay exported beef to 37 markets, a better participation compared to the same period in 2022, when 31 destinations were active. Among the most prominent markets as of February 28, Chile (46%), Brazil (12%), Taiwan (10%), Russia (8%), Israel (3%), the European Union (3%), Procurement maritime (2%) and Kuwait with 1%, to name the main ...

Source: Productivacm