Argentina: Regional recovery of beef exports expected

Published 2023년 2월 4일

Tridge summary

The international beef market is expected to recover due to China lifting sanitary restrictions and a price increase in the European market due to a shortage. Argentine exports of bovine meat were positive in 2022, with a volume of around 900,000 tons and a turnover of US$ 1.5 million. The industry saw a record year with 13 million heads slaughtered and meat production of around 3,130,000 tons, despite a severe drought. The CEO of the Gorina refrigerator stated that the industry is maintaining and potentially increasing local consumption by addressing price delays and the effects of the drought.

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

Original content

This year's prospects for the international beef market are beginning to look more favorable after China, the world's largest importer, lifted its sanitary restrictions and prices rise a little more due to the shortage in recent months in the European market in general. The vice president of the Argentine Meat Exporters Consortium (ABC) and CEO of Frigorífico Gorina, Carlos Riusech, told Valor Agro that the lifting of sanitary restrictions in China caused its market to return to a gradual recovery due to the fact that "there is more mobility of the population in internal provinces, which generates a scheme of greater optimism for the importing industries”. It should be remembered that the measures applied by the Chinese government due to the Covid-19 outbreak drastically slowed down operations with countries in the region such as Argentina and Uruguay. On the other hand, he stated that as in China, there is also a change in trend in Europe where more positive perspectives are ...

Source: Elagro