With China as the main destination, meat shipments from Argentina in 2022 grew in volume and value

Published Feb 13, 2023

Tridge summary

In 2022, Argentine bovine meat exports saw a 9.5% increase from the previous year, reaching a total of 796,315 equivalent tons and 93.7 thousand tons of bovine bones, with a value of over $3.42 billion. The majority of these exports, around 485.7 thousand tons, were shipped to China, making it the largest market. The average price of meat exported to China in 2022 was $4,627 per ton, a 16.7% increase from 2021, although it dropped to $3,160 in December. The European Union also increased its imports from Argentina by about 6.5 thousand tons, and the average price for boneless chilled meat from the EU was approximately $10,000 per ton. The average FOB price for all destinations in 2022 was $5,472 per ton, a 12% increase from the previous year.

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

Original content

Argentine exports of bovine meat accumulated throughout the last year, from January to December 2022, were located in volumes close to 796,315 equivalent tons of beef with bovine meat plus 93.7 thousand tons of bovine bones; for a value of more than 3,424 million dollars. Shipments grew slightly more than 54 thousand tons (9.5%) compared to 2021. Of this additional volume, about 6.5 thousand tons correspond to greater shipments to destinations within the European Union and some 61 thousand tons correspond to shipments made to China, while 1.3 thousand tons less were sent to the United States, 1.5 thousand tons less to Brazil and around 11 thousand tons less to Chile. The People's Republic of China was the main destination, in volume, for Argentine beef during 2022 with approximately 485.7 thousand tons, followed by Israel, 31.1 thousand tons, and then by Germany, 23.6 thousand tons. In terms of the value of foreign currency received, the main market during the period has also been ...

Source: Arriba El Campo