Argentina: Beef Market 2020

Beef Market Size in Argentina

The revenue of the beef market in Argentina amounted to $X in 2017, shrinking by -X% against the previous year. Overall, beef consumption continues to indicate a strong increase. The growth pace was the most rapid in 2010, when market value increased by X% year-to-year. Over the period under review, the beef market reached its peak figure level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Beef Production in Argentina

In 2017, approx. X tonnes of beef (cattle meat) were produced in Argentina; leveling off at the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. The pace of growth appeared the most rapid in 2012, when the output figure increased by X% y-o-y. Argentina beef production peaked in 2017, and is expected to retain its growth in the near future. Beef output in Argentina indicated a modest growth, which was largely conditioned by a mild expansion of the producing animals and a relatively flat trend pattern in yield figures.

Average yield of beef (cattle meat) in Argentina amounted to X kg per head in 2017, dropping by -X% against the previous year. Overall, beef yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, with an increase of X% y-o-y. Argentina beef yield peaked of X kg per head in 2011; however, from 2012 to 2017, it failed to regain its momentum.

The number of animals slaughtered for beef production in Argentina stood at X head in 2017, falling by -X% against the previous year. Overall, beef producing animals continues to indicate a measured downturn. The most prominent rate of growth was recorded in 2013, with an increase of X% year-to-year. Argentina beef producing animals peaked of X heads in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Beef Exports from Argentina

Beef exports from Argentina amounted to X tonnes in 2017, picking up by X% against the previous year. Overall, beef exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017, when exports increased by X% y-o-y. Over the period under review, the beef exports reached its peak figure volume of X tonnes in 2009; however, from 2010 to 2017, it failed to regain its momentum.

In value terms, beef exports amounted to $X in 2017. Overall, beef exports continue to indicate a relatively flat trend pattern. Over the period under review, the beef exports attained its peak figure level of $X in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Beef Exports by Country from Argentina

India (X tonnes), Brazil (X tonnes), Australia (X tonnes) and the U.S. (X tonnes) represented roughly X% of total exports of beef (cattle meat) in 2017. The Netherlands (X tonnes), New Zealand (X tonnes), Poland (X tonnes), Ireland (X tonnes), Paraguay (X tonnes), Canada (X tonnes), Uruguay (X tonnes) and Argentina (X tonnes) held the weak share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest beef markets worldwide were the U.S. ($X), Australia ($X) and Brazil ($X), with a combined X% share of total exports. India, the Netherlands, Ireland, New Zealand, Canada, Poland, Uruguay, Argentina and Paraguay lagged somewhat behind, together accounting for a further X%.

India (+X% per year) experienced the highest rates of growth with regard to exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Beef Export Prices by Country in Argentina

The beef export price in Argentina stood at $X per tonne in 2017, coming down by -X% against the previous year. Overall, beef export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012, an increase of X% y-o-y. In that year, the export prices for beef (cattle meat) attained their peak level of $X per tonne. From 2013 to 2017, growth of the export prices for beef (cattle meat) stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was the U.S. ($X per tonne), while India ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

Beef Imports into Argentina

Beef imports into Argentina stood at X tonnes in 2017, growing by X% against the previous year. In general, beef imports continue to indicate a strong growth. The growth pace was the most rapid in 2013, when it surged by X% y-o-y. Over the period under review, the beef imports attained its peak figure volume in 2017, and are likely to continue its growth in the near future.

In value terms, beef imports amounted to $X in 2017. In general, beef imports continue to indicate a drastic shrinkage. Over the period under review, the beef imports attained its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Beef Imports by Country into Argentina

In 2017, the U.S. (X tonnes), Vietnam (X tonnes), China (X tonnes), Japan (X tonnes), China, Hong Kong SAR (X tonnes), Italy (X tonnes), South Korea (X tonnes), the Netherlands (X tonnes), Germany (X tonnes), Egypt (X tonnes), Russia (X tonnes) and the UK (X tonnes) were the key importers of beef (cattle meat) in the world, generating X% of total import.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), China ($X) and Japan ($X) constituted the countries with the highest levels of imports in 2017, together comprising X% of total imports. Vietnam, South Korea, Germany, Italy, China, Hong Kong SAR, the Netherlands, the UK, Russia, Egypt and Argentina lagged somewhat behind, together accounting for a further X%.

Vietnam (+X% per year) experienced the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Beef Import Prices by Country in Argentina

In 2017, the beef import price in Argentina amounted to $X per tonne, shrinking by -X% against the previous year. Overall, beef import price continues to indicate a drastic decline. The growth pace was the most rapid in 2011, when the import prices increased by X% y-o-y. Argentina import price peaked of $X per tonne in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Germany ($X per tonne), while Egypt ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform