Paraguayan meat revenue from shipments to Brazil increased 103%

Published 2021년 9월 24일

Tridge summary

From January to August 2021, Paraguay saw a 103.4% increase in meat exports revenue to Brazil, reaching USD 106.6 million, compared to the same period in 2020 when it was USD 52.4 million. The volume of beef exports also increased by 68%, with 25.4 thousand tons sent to Brazil in contrast to 15.1 thousand tons in the same period last year. Brazil became the second largest buyer of Paraguayan meat, paying on average USD 4202 per ton, which is 21.2% higher than in the previous year. This contributes to a 39% increase in export volume and a 65% increase in export value compared to the same period in 2020, making Brazil the fourth largest destination for Paraguayan meat.

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

Original content

Between January and August 2021, revenues from Paraguayan meat exports to Brazil increased 103.4%. Until the eighth month, USD 106.6 million were generated, a year-on-year increase of USD 54.2 million, since USD 52.4 million were generated in the first eight months of 2020. In terms of volume, there was also an increase due to shipments of the national red protein. As of August, Paraguay exported 25.4 thousand tons of beef to Brazil, while in the same period of last year the quantity exported reached 15.1 thousand tons, which means an increase of 10.3 thousand tons (68 %). Likewise, Brazil registered the second largest increase in the price paid for Paraguayan meat (21.2%), after Kuwait (50.2%). Until August of this year, the average price paid was USD 4202 per ton; On the other hand, between January and August 2020, 3,468 USD / ton was paid, that is, a positive variation of USD 734. According to BCP data, Brazil remains the fourth best destination for Paraguayan meat behind ...

Source: Productivacm