Argentina: June meat exports increased by more than 2%

Published 2024년 7월 22일

Tridge summary

In June 2024, exports of refrigerated and frozen beef reached nearly 57.1 thousand tons with a value of about 211.0 million dollars, marking a 2.1% increase in volume but a 6.6% decrease in value compared to the same period in 2023. The first six months of 2024 saw a 13.1% increase in exported volumes compared to the same period in 2023, but a 0.6% increase in value. The People's Republic of China is the largest market for these exports, accounting for 76.3% of the volume in June 2024 and 76.1% of the total volume in the first six months of 2024. The average price of boneless meat sales to China in June 2024 was around US$3,280 per ton, marking a significant decrease from the peak in May 2022. Exports of offal and beef-based preparations totaled 9.1 thousand tons in June 2024, and the average export price of these products was slightly above US$1,600 per ton.

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

Original content

(NAP) Exports for the month of June 2024 reached a volume close to 57.1 thousand tons of refrigerated and frozen beef product weight; for a value in the order of 211.0 million dollars. Shipped volumes grew by 2.1% and show a slight increase of 2.1%; but the value obtained shows a decline of (-6.6%) “In relation to the month of June 2023, the exported volumes are (+11.0%) higher; while the value obtained has been (-4.5%) lower, indicated the monthly report of the ABC Consortium, in the June report. The accumulated data for the first six months of 2024 reveals that foreign sales of chilled and frozen beef were close to 371.8 thousand tons of product weight; for a value of approximately 1,412.7 million dollars. Compared to the first six months of 2023, exported volumes are (+13.1%) higher; while the value obtained has been (+0.6%) higher,” said Mario Ravettino, president of the ABC Consortium. The average export price of chilled and frozen beef was US$3,697 per ton in the month of ...

Source: Noticias Agropecurias