Paraguay: Livestock exports generated 1,873.6 million dollars in 2022

Published Nov 18, 2022

Tridge summary

From January to October 2022, Paraguay's exports of animal products saw an 8% revenue growth compared to the previous year, totaling US$ 1,873.6 million, despite a 1.5% decrease in volume. This growth is due to increased international prices, with the average price of beef, the primary export, increasing by 7%. However, the price received by producers is 15% lower than the previous year. The majority of the revenue came from beef exports, with Chile, Russia, Brazil, Taiwan, and Israel being the main buyers. Additionally, arguably, the article mentions that Argentina is in the process of authorizing its processing plants to export beef to Mexico, following three years of negotiations between the health authorities of both countries to ensure compliance with sanitary requirements.

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

Original content

Exports of products and by-products of animal origin generated US$ 1,873.6 million in revenue from January to October this year. This figure shows a growth of 8% compared to the US$ 1,734.1 million invoiced in the same period last year, according to the monthly report of the National Animal Quality and Health Service (SENACSA). This growth is related to an improvement in international prices, which offset the lower export volume. So far this year, livestock products registered an appreciation of 10% to reach an average price of 3,653 dollars per ton. Between January and October of this year, 512,844 tons of livestock products were shipped, which corresponds to a retraction of 1.5% in relation to the 520,545 tons exported in the same period of 2021. The beef was the star item of Paraguayan livestock, being responsible for 79% of the income from foreign livestock trade. According to official data, between January and October of this year this product generated US$ 1,476.1 million, ...

Source: EuroMeat