Released October 05, 2021 | cordoba, argentina
en
Researched by Industrial Info Resources (Sugar Land, Texas)--Since a statute limiting the export of bovine meat by 50% has come into force in Argentina, many slaughtering plants that dedicate most of their production to exports have been forced to reduce their production rate--in some cases to 40% of capacity.
As a consequence, many projects have been postponed by a couple of years while they await the market´s recovery. A few companies have decided to keep investing, but not in the short term and only when the country reopens for exports.
The Instituto de la Promocion de la Carne Vacuna Argentina in its last report (August) stated that bovine meat exports have reached a value of approximately US$240.1 million, just 2.4% below the same period last year. Sales were up 24.8% against July 2021 but had fallen 13.9% below August 2020.
Industrial Info is tracking $190 million of meat and poultry projects in Argentina. Subscribers to Industrial Info's Global Market Intelligence (GMI) Food & Beverage Project Database can click here for the project reports.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
As a consequence, many projects have been postponed by a couple of years while they await the market´s recovery. A few companies have decided to keep investing, but not in the short term and only when the country reopens for exports.
The Instituto de la Promocion de la Carne Vacuna Argentina in its last report (August) stated that bovine meat exports have reached a value of approximately US$240.1 million, just 2.4% below the same period last year. Sales were up 24.8% against July 2021 but had fallen 13.9% below August 2020.
Industrial Info is tracking $190 million of meat and poultry projects in Argentina. Subscribers to Industrial Info's Global Market Intelligence (GMI) Food & Beverage Project Database can click here for the project reports.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
