Paraguay

Paraguay: Meat exports of US$ 1,332.9 million until July

According to the monthly report of the National Animal Quality and Health Service (SENACSA), exports of products and by-products of animal origin generated US$ 1,332.9 million in revenue between January and the end of July. This figure shows a growth of 8% compared to the US$ 1,238.5 million generated in the first seven months of last year.

Posted on Aug 19 ,04:16

Paraguay: Meat exports of US$ 1,332.9 million until July

This growth is related to an improvement in international prices, which offset the lower export volume. So far this year, livestock products registered an appreciation of 15% to reach an average price of 3,708 dollars per ton.

Between January and July 2022, 359,425 tons of livestock products were shipped, which corresponds to a 7% retraction in relation to the 385,448 tons exported in the same period of 2021.

The star category of Paraguayan livestock, beef, was responsible for 80% of the income from foreign livestock trade. According to official data, between January and July of this year this product generated US$ 1,057.5 million, which shows an increase of 7% compared to the US$ 987.9 million entered in the same period of time last year.

Also in this item, the trend of a contraction in the volume of shipments is observed, but with a significant improvement in sales prices. In the accumulated January-July 2022, 200,473 tons of beef were exported, which shows a drop of 5% in relation to the 211,651 tons sold abroad between January and July 2011.

The average price experienced an improvement of 13% to settle at 5,275 dollars per ton, official data details.

Despite the fact that beef shipments were directed to 50 different destinations in the first seven months of the year, the trend of high dependence on the 5 main buyers continues.

Until the end of July, Chile, Russia, Brazil, Taiwan and Israel received 88% of the Paraguayan meat marketed abroad, leaving the remaining 12% distributed among the remaining 45 active destinations. Between January and July of this year, 200,473 tons of meat were exported and the main markets were Chile with a 41% share, Russia 14%, Brazil 14%, Taiwan 12%, Israel 7% and the rest (45 markets) with the 12%, according to the official veterinary service report.

Between January and July 2022, exports of poultry items (meat, offals and poultry offals) allowed an income of US$ 5.0 million, achieving a growth of 47% in relation to the US$ 3.7 million entered in the same period of the year.

This greater flow of foreign currency was made possible by the big volume of commercialization and the improvement in prices. Until the seventh month of the year, 4,918 tons of meat, offals and poultry offals were exported, corresponding to an increase of 14%; while the average price was around 1,033 dollars per ton, showing an improvement of 27% compared to last year.

The main markets were Albania with a 19% share, Maritime Supply 14%, Angola 11%, Mozambique 9%, Turkmenistan 7%, Georgia 6%, Kosovo 6% and the other destinations with 28%.

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