ARGENTINE

Beef exports in the first nine months of 2024 reached the highest volume in the last 57 years

Beef

Foreign sales of beef accumulated a volume of 699,987 tons in the period January-September 2024, equivalent to bone-in carcasses worth 2.122 billion dollars, which represents the highest record in the last 57 years, reported the Argentinian Secretariat of Agriculture, Livestock and Fisheries of the Ministry of Economy of the Nation.

Posted on Nov 27 ,00:15

Beef exports in the first nine months of 2024 reached the highest volume in the last 57 years

The data also show that, of the 48 export markets, considering the European Union as one, the increase in shipments to the United States stands out (46%), Chile (21%), Israel (11%), EU (7%) and China (4%).

In addition, a new market has been added to the ranking: Mexico, which now occupies sixth place, followed by Brazil, Russia, Canada and Malaysia. These 10 markets accounted for 99% of shipments in volume.

As for exported products, 16% were chilled cuts and the rest were frozen cuts with and without bones. In 2023, chilled cuts were exported to 31 destinations and so far this year only one was added, while sales of frozen cuts expanded from 31 to 44 destinations.

Likewise, cattle slaughter in the first 9 months of the year stood at 10.22 million heads. Without considering the atypical 2023, the slaughter level was higher than the average for the 2017-2022 period, which was 9.9 million heads.

The same is true for beef production: 2,336 thousand tons of bone-in beef were produced, also exceeding the 2017-2022 average of 2,252 thousand tons of boneless beef. Of the production, 70% was destined for the domestic market and the rest for export.

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