The information corresponds to a report prepared by the Chamber of Meat Industry and Commerce (Ciccra).
The meat exports vaccine they grew a 11.9% year-on-year in November. This occurred when reaching a volume of 58,700 tons product weight (tn pp), according to a report prepared by the Chamber of Meat Industry and Commerce (Ciccra).
In this way, in the eleven first months of 2023 shipments marked a accumulated of 611,700 tn ppwith a 5.8% increase. Likewise, November presented a increase in dumped volume compared to October 18.4%.
More exports, lower turnover: the reasons for this situation
Beyond the growth in volume, in terms of billing the foreign sales they marked a 10% drop year-on-year and of 22.2% in the accumulated of the first eleven months of 2023.
“The significant contraction recorded in the average price paid by importers of beef between April and December 2023 is what continues to explain the decrease in income from foreign sales of Argentine meat processing plants,” explained the Ciccra report.
The decrease in billing was due to the fact that the average price was US$3,673 by tn pp in November 2023, which meant a 19.5% year-on-year drop.
Meat exports: which were the main purchasing countries
He first destination of exports was Chinawhere they were exported 476,000 tons pp in the January-November period, monopolizing the 77.8% of the total of shipments.
The average price fell 33.8% annually and was located in US$3,147 per ton ppso the Sales revenue decreased 29.6% annuallyresulting equivalent to US$ 1,498.1 million (58.9% of the total).
Secondly, it remained Israelcountry to which they were sold 33,437 tn pp of for US$205.1 million; he followed it Germanywith purchases for 22,000 tons pp by US$225.3 million; and USA with 21,800 tons pp by US$116.9 million.
Source: Ambito
