echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Food News > Food Articles > Demand weakened Panama's beef exports in the first half of the year fell by about 25% year-on-year

    Demand weakened Panama's beef exports in the first half of the year fell by about 25% year-on-year

    • Last Update: 2021-09-11
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    Panama Ministry of Agricultural Development recently released data show that from January to June this year, Panama's beef exports amounted to $ 12,007,800, down by about 25%
    .
    Representatives of Panamanian beef exporters analyzed that demand in some markets , including mainland China, has weakened, and Panama's beef exports have also declined as a result
    .
     
    Panama’s "Panama Las Americas" reported on August 25 that, affected by the new crown epidemic, Panama’s beef exports have suffered a severe blow
    .
    According to recent data released by the Ministry of Agriculture and Animal Husbandry Development of Panama, the export value of Panamanian beef from January to June this year was US$12.
    78 million, compared with US$16.
    217 million in the same period last year.
    This year's beef export value has fallen by about 25% year-on-year
    .
     
    As the first Panamanian company to export beef to the Chinese mainland market, José Anto, general manager of Carnes de Coclénio Halphen) analyzed that in the first half of this year, the demand in some markets in the world, such as mainland China, Mexico, some Central American countries and countries in the Caribbean region, has weakened, which ultimately caused a decline in Panamanian beef exports
    .
     
      Alben further analyzed: "The tourism industry in these markets is still being hit by the new crown epidemic, and the number of customers in local large hotels and restaurant chains is not as good as before the new crown epidemic.
    Therefore, these hotels and restaurants have to reduce their beef purchases.

    .
    "
     
      According to the data of 2019 before the new crown epidemic, the export value of Panamanian beef in 2019 reached 32.
    2 million U.
    S.
    dollars, an increase of 62.
    3% compared with 2018
    .
    In June of that year, Panama exported beef to China for the first time
    .
    Beef exports to China
     
      Panama’s "Panama Las Americas" reported on August 25 that, affected by the new crown epidemic, Panama’s beef exports have suffered a severe blow
    .
    According to recent data released by the Ministry of Agriculture and Animal Husbandry Development of Panama, the export value of Panamanian beef from January to June this year was US$12.
    78 million, compared with US$16.
    217 million in the same period last year.
    This year's beef export value has fallen by about 25% year-on-year
    .
     
      As the first Panamanian company to export beef to the Chinese mainland market, José Anto, general manager of Carnes de Coclénio Halphen) analyzed that in the first half of this year, the demand in some markets in the world, such as mainland China, Mexico, some Central American countries and countries in the Caribbean region, has weakened, which ultimately caused a decline in Panamanian beef exports
    .
     
      Alben further analyzed: "The tourism industry in these markets is still being hit by the new crown epidemic, and the number of customers in local large hotels and restaurant chains is not as good as before the new crown epidemic.
    Therefore, these hotels and restaurants have to reduce their beef purchases.

    .
    "
     
      According to the data of 2019 before the new crown epidemic, the export value of Panamanian beef in 2019 reached 32.
    2 million U.
    S.
    dollars, an increase of 62.
    3% compared with 2018
    .
    In June of that year, Panama exported beef to China for the first time
    .
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.