July shipments up 15% year-on-year
13 September 2023
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Beef exports to main marketplace Mexico proceed to some distance exceed remaining 12 months’s file tempo, with July shipments up 15% from a 12 months in the past to 81,081 m., in step with knowledge launched by means of USDA and compiled by means of USMEF.
July export worth greater 12% to $189.4 million. January-July exports to Mexico greater 14% from a 12 months in the past to 614,015 mt, whilst worth soared 20% to $1.26 billion. This integrated a surge in red meat selection meat exports, which greater 47% to 90,311 mt, valued at $160.6 million (up 43%).
July used to be some other sturdy month for red meat exports to Central The us, which greater 23% from a 12 months in the past to 9,138 mt, valued at $27.3 million (up 26%). January-July shipments to the area have been up 6% to 70,828 mt, whilst worth climbed 12% to $203.2 million. Expansion used to be fueled by means of sturdy call for in Guatemala, El Salvador, Honduras, Costa Rica and Nicaragua.
Taiwan’s call for for US red meat continues to make an outstanding rebound in 2023. July exports to Taiwan have been 2,388 mt, up from simply 352 mt a 12 months in the past. July worth reached $7.8 million, up from simply $880,000. January-July exports have been the biggest since 2013, expanding 539% from a 12 months in the past to twelve,668 mt, whilst worth climbed 627% to $41.3 million.
This 12 months’s exports to Taiwan already exceed the blended effects from calendar years 2021 and 2002, which totalled simplest 9,500 mt valued at $29 million.