Uruguay

Oustanding figures for Uruguayan beef exports

Beef

In December, the South American country exported a record volume of 45,000 tonnes of beef.

Posted on Jan 05 ,06:25

Oustanding figures for Uruguayan beef exports

Beef exports from Uruguay have increased rapidly last year, as the South American country has filled the gap left by Argentina in some external markets. Uruguayan beef exports have grown constantly in the second half of the year and have reached 45,000 tonnes in December, a record figure for the country's beef industry.
During the second half of the year, Argentine beef exports have dropped by 16.5% due to a ban on exports placed to keep domestic prices under control. At the same time, Uruguay has replaced Argentina as the second-largest supplier of South American beef in the Chinese market. According to the economist Juan Manuel Garzon of the Institute of Studies on the Argentine and Latin American Reality (IERAL) of the Mediterranean Foundation, most of the main players in the global beef market have expanded their presence in the Chinese market: Brazil by 41.6%, followed by Uruguay (22.9%) and the United States (6.2%).
In just one year (2020-2021), Argentina's share in the Chinese beef market has declined from 23% to 11%, becoming the third-largest supplier of South American beef behind Uruguay and Brazil.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

GERMANY

Vion strengthens demand-driven chain concept Good Farming Balance for the future

Ever since Vion introduced Good Farming Star in 2010, the company has been at the forefront of bu...


Read more Read more
DENMARK

Danish Crown becomes co-owner of promising climate technology

It may sound strange that a burning gas torch at a slurry tank can reduce the climate footprint o...


Read more Read more
GERMANY

Germany: Poultry meat and eggs are produced sustainably and are important for a balanced diet

The recommended amount of meat consumed does not correspond in any way to the national consumptio...


Read more Read more
Websolutions by Angular Software and SpiderClass