He National Institute of Viticulture (INV) published a report in which it states that, so far this year, they were sold abroad 173 million liters of wine. This represented an increase in the exports of the 5.3% during the first ten months of the year.
For its part, the value Global FOB of wine exports reached US$601,569,000 which determined a year-on-year growth of 4.1%. In this scenario, the wine sector foresees an improvement in the rebound by 2025, and is preparing to win new markets.
The growth of wine exports
In detail, the report details that, of the total exported, 131.5 million liters (equivalent to 76%) corresponded to fractionated wineswith a growth of 3.4%. For their part, bulk wines, which represent 24% of the exported volume, increased 12% in the same period.
In total, the global FOB value of wine exports reached US$601,569,000, reflecting a year-on-year growth of 4.1%. In this sense, exports of concentrated must also showed an upward trend, adding 66,554 tons in the period January-October 2024. This volume means a 112.5% increase compared to the same period last year.
This volume marked a 112.5% increase compared to the same period last year. The FOB value of these exports amounted to US$106,896,000, establishing a growth of 81.5% year-on-year.
During his mandate, Javier Milei’s government moved forward with deregulations in this sector. In this way, now producers can move their goods without requesting prior authorization from the INV, covering the transport of virgin must and freshly ground grapes through a commercial shipment.
In this sense, the institute stated that the measure reduces procedures and promotes more efficient management in the transportation of wine inputskey in a sector with high logistical demand during the harvest. Furthermore, they warned that the elimination of administrative obstacles allows producers to reduce the time they spend on administrative procedures and focus on optimizing transportation and storage processes, adapting to the needs of the global wine market.
Meat: exports reached the highest volume in 57 years, but consumption does not improve
During the period January-September 2024Argentine beef exports reached a volume of 699,987 tons (beef with bone), generating income from US$2,122 million. In this way, they generated the highest record in 57 yearsas reported by the Secretariat of Agriculture, Livestock and Fisheries of the Ministry of Economy.
Within the 48 export destinations, sales increases stood out in the markets of United States (46%), Chile (21%), Israel (11%), the European Union (7%) and China (4%). In line with this, Mexico entered as a new relevant country, occupying sixth place in the ranking, followed by Brazil, Russia, Canada and Malaysia.
In detail, of the exported products, the 16% corresponded to chilled cuts and the rest to frozen cutswith or without bone. According to the data collected, in 2023 chilled cuts were sent to 31 destinations, while in 2024 an additional one was added; destinations for these products increased 31 to 44.
In reference to the internal level, cattle slaughter reached 10.22 million heads in the first nine months of the year, which exceeded the average for 9.9 million heads from the period 2017-2022 (not including the outlier 2023). In this way, the total production of beef stood at 2,336 million tons of beef with bone, above the historical average of 2,252 million tons. Of the total produced, the 70% was destined for domestic consumption and the rest for export.
Despite the marked growth, domestic consumption of beef is declining. According to data from the Chamber of Industry and Commerce of Meats and Derivatives of the Argentine Republic (Ciccra), so far this year the estimated apparent consumption is 1,646 million tons of bone-in beef. In comparison, this marks 11.3% less than the same period last year, a drop of 209,800 tonnes.
These data from consumption level are the lowest in the last 26 years, with an average per capita consumption of 46.8 kilos per year between January and September 2024, which represents a decrease in 12.3% if compared to the same period in 2023.
Source: Ambito
I am Pierce Boyd, a driven and ambitious professional working in the news industry. I have been writing for 24 Hours Worlds for over five years, specializing in sports section coverage. During my tenure at the publication, I have built an impressive portfolio of articles that has earned me a reputation as an experienced journalist and content creator.
