BUENOS AIRES: Argentina has recorded a 4.8% decline in meat consumption per person during 2021, as beef production went down 6.1% in 2021, 194.1 thousand tons below 2020 figures.
According to a report by the Chamber of Industry and Commerce of Meats and Derivatives of the Argentine Republic (CICCRA), consumption of beef per inhabitant in 2021 was 47.6 kg / year (or -2.4kg / inhab / year).
According to Argentina’s previous standards, December should have yielded a result around 52.4 kg / inhabitant / year, CICCRA said.
In 2021 797.6 thousand tons of beef were exported (which would show a fall of 11.7% per year).
In 2021, the meat processing industry slaughtered 12,967 million heads of cattle, which represents a fall of 7.4% (-10.0% if adjusted for the number of working days), one million head less compared to the previous year.
According to the Argentine Beef Promotion Institute (IPCVA), the price of beef increased 9.7% in December 2021 compared to the previous month, for a 60.7% yoy rise.