Uruguay exported 361,720 tons of beef in 2024
According to Customs export application data, in December Uruguay exported 27,274 tons of beef shipped weight at an average value of US$/t 6,519. The volume is 9 thousand tons lower than in the last month of 2023, while the average value increased 5.4% monthly and 22% from the year's low, reached in April. In addition, it is the highest average value since September 2022, more than two years ago.
In 2024, Uruguay exported 361,720 tons of beef, shipping weight, only 0.4% less than in the previous year. The average value increased 2.4% annually to US$/t 5,771.
The lower demand from China, combined with requests seen from some other buyers, such as the United States and Israel, changed the direction of Uruguayan beef exports in 2024.
Sales to China fell sharply, both for boneless frozen meat (-33% to 97,283 tonnes) and for frozen meat with bone, which fell 21% year-on-year to 56,244 tonnes. However, this did not prevent China from remaining the main buyer of Uruguayan meat.
The United States followed, suffering a drastic drop in its herd and a fall in production. Uruguay shipped 93,588 tons of boneless frozen meat and 5,683 tons of chilled meat to this destination, with an annual increase of 84% and 27% respectively.
The third main destination in the year, both in the case of frozen and chilled, was Israel, with 10,270 tons of frozen boneless and 4,810 tons of chilled, to which, starting last year, frozen products with bones were added, with purchases of 933 tons.
Uruguay shipped 14,162 tonnes of frozen beef to the EU in 2024, the largest amount since 2018, when it had shipped 16,306 tonnes.
Furthermore, the volume of chilled meat that Uruguay places in the block tends to increase. In 2024, they totaled 23,448 tons, of which less than 6,000 are part of the Hilton quota.
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