The country exported less beef but managed to issue more invoices for a million dollars

The country exported less beef but managed to issue more invoices for a million dollars

According to the ABC Argentine Meat Exporters Consortium, they fell 7% in tonnage in the first quarter of the year, but increased in value by 26%, due to better prices of $ 779 million.

Exporters said the average tonnage was reduced from 13% to 23% after imposing restrictions on overseas sales.
Exporters said the average tonnage was reduced from 13% to 23% after imposing restrictions on overseas sales.

195000 tons of beef export, In the first quarter of 2022, beef exports fell by 7% compared to the same period in 2021. Range The first three months of each year “An estimated 155,000 tonnes drop compared to 2020/21.” However, despite the reduction, Due to improved prices, the total invoice increased by 26% to $ 779 million.

This data is derived from the report Argentine Meat Exporters Consortium (ABC), Which warned of what the country has lost since 2021 after restrictions on overseas sales began.

“Since the restraint measures were applied to Argentine shipping, the average tonnage has decreased by 13% and 23% compared to the average in the first months of last year and the second half of 2020,” he said.

Along this line, it has expanded into lost currencies that could not be caught in the face of better prices. “If this recovery could be attributed to the transport of cattle, The total turnover of the sector would expand from 300 to 700 million USD, “Without taking into account the expanding factor seen in the evolution of our competitors, which is unfortunately being spent.”

Specifically in March last year, after a slow start to the year, exports amounted to 72,000 tonnes of beef, which is 6% more than in February last year, although with 4% less sales in March 2021.

“Restoration, which was observed in March Concentrated on frozen meat, bone-in meat and bones, and bone-in meat, which compensates for the drop in frozen meat. In this sequence, China’s evolution was fundamental, especially in the case of bone products, while Israel was also positively accompanied. “Cold meat has dropped compared to the previous month, but has remained high,” said Mario Ravetino, ABC president.

Among the reasons for better billing, the entity spoke of “rising prices and a more significant contribution to the amount of chilled meat and tariff quotas that have higher average values.”

China

Although he stopped participating, China continues to buy beef. “On average, I saved 80% before the restrictions [por el Gobierno]”It reached 64% last September, and in the first quarter of 2022, its share averaged 73%,” he said.

It’s worth remembering In May 2021, exports to China reached a historic high 52,000 tons.

“Based on the measures taken by the national government, They fell to between 28,000 and 25,000 tonnes in June and July 2021, respectively, between 30-36,000 tonnes in the following months, with a relatively stable share of the bone item (between 8-9,000 tonnes).Reported by camera.

“At the beginning of 2022, a new low level was observed, which was limited to 22,000 tons of boneless frozen meat, while bone-containing products reached the lowest level since September 2020 (6160 tons). “These figures have improved in recent months, reaching 30,000 and 9,000 tonnes in the period under review,” he added.

For the ABC, the “negative effects of the downturn in the Chinese market” however “have been reduced by an upward trend in average values”.

However, he clarified that these values ​​were $ 5,633 in the first quarter of 2022, which increased by $ 1,800 per tonne compared to 2021 “and a similar record, which was reached by the end of 2019.”

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Source: La Nacion

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