Beef from Argentina: exports grow 22%

Beef exports from Argentina in the second quarter of 2022 totaled 159,000 tonnes, up 19% in comparison with the previous quarter and up 7% from 2Q21, according to information by Minerva Foods regarding the 2nd quarter of 2022.

In revenue, exports reached US$ 966 million in 2Q22, up 26% compared to 1Q22 and a substantial increase of 53% compared to the same period in 2021.

See below the track record of Argentine beef exports from January 2019 to June 2022. The chart below was done using data gathered by Datamar’s business intelligence team in the platform DataLiner.

Beef exports from Argentina | Jan 2019 – Jun 2022 | TEUs

Source: DataLiner (click here to request a demo)

In the first six months of 2022, beef exports from Argentina reached 293 thousand tonnes, in line year-on-year. Revenue in the period was US$ 1.7 billion, a substantial expansion of 40% compared to 1H21.

China represented 67% of total Argentine exports in 2Q22, remaining the principal market for the country. Germany, which acquired 9% of exports, was the second largest destination, followed by the Netherlands with 5%, and later by Chile, Israel, and the USA, absorbing approximately 4% of exports each.

Source: Canal Rural

To read the full original article, please go to: https://www.canalrural.com.br/radar/carne-bovina-exportacoes-da-argentina-aumentam-22/

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