PARAGUAY

Paraguay: Meat producers are expecting strong beef exports to Singapore

Randy Ross, president of the Paraguayan Meat Chamber, explained that the Singapore market offers significant opportunities and that they expect strong sales and good prices. He highlighted the quality of domestic production and emphasized that Paraguay has a very robust health system, which translates into positive audit results.

Posted on May 30 ,00:15

Paraguay: Meat producers are expecting strong beef exports to Singapore

"The quality of the meat is indisputable; it has grown significantly in recent years. We must recognize that we have a very robust health system, thanks to the excellent work that Senacsa has done in recent years. These are the factors that give us great confidence in the markets", he explained.

Regarding export expectations for Singapore, Ross explained that it is a country that imports 100% of its animal protein needs and acknowledged that beef is the third most consumed meat, behind pork and poultry.

However, he asserted that despite this, the product Paraguay would export the most to the Singapore market is beef, due to the local exportable supply. He emphasized that Singapore, like other Asian countries, pays good prices for beef.

"Given our exportable supply, it could be the other way around (Singapore would import more beef than pork and poultry). Singapore is a country that imports 100% of its meat; it doesn't have its own production. It's not a very large market, with a population of 6 million, but it's a very interesting and valid option", Ross explained.

According to Senacsa data, Singapore imports 100,000 tons of pork annually, followed by 80,000 tons of poultry and 40,000 tons of beef protein.

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