PARAGUAY - Paraguayan beef exports registered a new record in 2014, totalling 275,742 tonnes, a 19.6 per cent increase on the previous record in 2013.
Meat and Livestock Australia analysts said that strong international demand, improved market access, and reported higher beef production, assisted shipments in 2014.
Russia remained the major destination for Paraguayan beef for the fourth consecutive year, accounting for 48 per cent of total exports, at 131,497 tonnes.
Also underpinning the growth, exports to Chile increased significantly, up 135 per cent year-on-year, to 50,589 tonnes, but were still far behind the volumes shipped prior the Foot-and-Mouth Disease (FMD) outbreak in 2011.
Likewise, shipments to Brazil and Hong Kong rose 65 per cent and 46 per cent, respectively, in 2014.
The USDA expects Paraguayan beef production to be a record, at 550,000 tonnes in 2015, the result of a consistent and constant increase in beef production since mid-2000.
Meanwhile, beef exports are forecast to total 360,000 tonnes (a new record), as most of the additional beef produced is expected to be shipped overseas.
TheMeatSite News Desk