The exports Argentina from meat In October they reached a volume close to 48.2 thousand tons, for a value of US$ 181.9 million, which represented a drop of 3.4% in volume and 9.7% in billing, compared to last September.
Compared to October 2022, exported volumes are 10.1% lower; while the value obtained was 32.6% lower, recorded the Consortium of Argentine Meat Exporters (ABC, for its acronym in English).
“A downward trend in prices is observed in the main destinations, from May 2022 onwards, and the average US$3,777 per ton obtained in October is more than US$2,500 per ton below the highs recorded in April of last year“, warned the entity.
In the first ten months of the year, foreign sales of chilled and frozen beef were close to 560.4 thousand tons of product weight; for a value of approximately US$2,322 million.
Compared to the first ten months of 2022, exported volumes are 6.2% higher but the value obtained was 23.3% lower.
China is the main destination for Argentine meat
The People’s Republic of China is the main export destination, both for October and for the accumulated first ten months of the year.
In the last month, 10.1 thousand tons of bone-in meat and bovine bones resulting from deboning, worth US$ 14.4 million, and 28.8 thousand tons of boneless bovine meat were shipped to China. worth US$98 million.
China represented 80.9% of the volumes exported in October and 77.9% of the accumulated volumes in the first ten months of the year.
“The average price of boneless meat sales to China in October was around US$3,400 per ton, significantly below the maximum of US$5,900 obtained in May 2022,” he recalled. Mario Ravettino, president of ABC.
Exports of offal and beef-based preparations in October totaled a volume of 9.5 thousand tons for a value of US$12.8 million.
The average price of these products was close to US$1,350 per ton, with peaks above US$2,800 for the bovine tongues product.
Source: Ambito
