Pork consumption hits a new record in Argentina

Published Dec 6, 2024

Tridge summary

Argentina has seen a significant increase in pork consumption, doubling in the past 12 years from 8.6 kg to 17 kg per capita, reaching a record high. This trend reflects a dietary diversification and a preference for pork's nutritional benefits and taste. Despite this, pork products only account for 2% of total exports, with the domestic market being the primary destination. However, the pork industry has potential for growth, especially with the opening of new export markets, as it has experienced a 14-year consecutive growth in production, reaching 655 thousand tons from January to October of the same year. China, traditionally the main buyer of Argentine pork, is currently not the top buyer in 2024, with Ivory Coast, Uruguay, China, and Georgia being the leading purchasers. Overall, Argentina's pork industry is on a path to setting new production records, with a projected total of 785,000 tons for 2024.

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

Original content

«Pork consumption in Argentina marks a historic record: it doubles in 12 years» In the last 12 years, per capita consumption of pork has doubled, going from an average of 8.6 kg/inhab in 2012 to 17 kg/inhab in 2024, the highest historical record. “This increase reflects a clear trend towards diversification in the diet of Argentines, who have begun to value more the nutritional properties and flavor of pork, in a scenario of greater competitiveness. Thus, pork has gradually been gaining ground on beef,” indicates a report from the Rosario Stock Exchange. Total consumption of beef, poultry and pork in Argentina could be around 105.7 kg/inhab in 2024, that is, seven kilos less compared to the average of the last ten years, which is 112.8 kg. For the first time on record, the average Argentine inhabitant would consume the same amount of beef as poultry in 2024 (around 44.5 kg). As for production, it has been growing for 14 consecutive years. Between January and October, 655 thousand ...

Source: Defrentealcampo