Argentina

Argentina's pork consumption increased by 9.6% last year

Pork

In Argentina, the average consumption of pork per capita reached 14.1 kg per person in 2017, making this the ninth consecutive year of growth, according to a report published by the consulting firm Consultores, Sectorial Economic Research (IES).

Posted on Apr 04 ,10:17

Argentina's pork consumption increased by 9.6% last year

Argentinians shifted from eating beef to pork in recent years due to an improvement in pork cuts prices, which, according to the IES report, "showed moderate increases in relation to beef."

Argentina's pork production has increased by 8.7% in 2017 compared to the previous year, reaching 568 thousand tons. The slaughter number also increased by 7.3% in the same period and totalled 6,425 thousand heads, as reported by Agritotal.

Meanwhile, the value of Argentine pork exports also reported a rise of 161% last year compared to 2016 and reached $5.8 million. In terms of volume, pork exports were 2,631 tons or only 0.5% of Argentina's total production. They also increased during the same period by 111.5%.

IES report also states that the retail price for pork increased by 15.7% in the interannual measurement but below the retail inflation of the period and of food in particular. This alongside with Argentina's recovery of economic activity and higher wages fueled the increase in pork consumption across 2017.

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