Consistent with the newest information printed via CEXGAN, Spain exported a complete of one,346,625 t of beef and ready merchandise remaining yr, 16% not up to in 2022, when 1,599,340 t had been exported. That is the second one consecutive yr with decreases in exports of those merchandise after the height reached in 2021 with 1,919,406 lots exported.
As graph 1 displays, we see how the main purchaser via a long way remains to be China, even supposing exports to this vacation spot had been lowered via 17% in comparison to 2022, and if we examine with 2020, the yr of the best possible quantity of exports to China, the lower has been 58%. In 2023, the values had been very similar to the ones sooner than the prevalence of african swine fever in China (first outbreak showed in August 2018).
China used to be adopted via Japan as the primary locations, with a lower of 12%, the Philippines (-28%), South Korea (-19%) and Nice Britain, which, alternatively, greater its imports of Spanish beef merchandise via 3%. Additionally it is value highlighting how, after Brexit (January 31, 2020), because it is thought of as a 3rd nation, apparently within the graphs from 2021 and we will be able to see how exports to Nice Britain exceed the ones to Hong Kong.
The Philippines, after two years score as the second one vacation spot, in 2023 returned to 3rd place.
Evolution of Spanish exports of beef and beef merchandise to their major vacation spot markets. Supply: 333 in line with CEXGAN information
Graph 2 displays the development of every nation’s percentage of overall exports. As proven, China has long gone from uploading 78% of overall Spanish exports of beef and beef merchandise in 2020 to representing 43% of the entire in 2023.
Graph 2. Evolution of the proportion of the primary importers of Spanish beef and beef merchandise. Supply: 333 in line with CEXGAN information.
February 20, 2024 / Editorial 333 in line with CEXGAN information.