Paraguay: Livestock and Products Annual

Highlight: Beef production and exports in 2024 are projected to increase marginally. Exports at 445,000 tons carcass weight equivalent would be the second highest on record. Chile and Taiwan are forecast to continue to be the top two destinations. Exports to the US are yet not authorized, but local brokers believe that once open, trade will be slow. Beef exports from Paraguay to China continue to be prohibited. Domestic consumption is forecast to remain flat. Investment in local pork production is gaining momentum with the focus of supplying a growing domestic demand and the export market.