2025 Mar Paraguay Boneless beef (HS 020230) Export Snapshot: Price Rise

March Trend: Paraguay Boneless beef Export

Boneless beef, classified under HS Code 020230 (Meat of bovine animals, frozen, boneless), saw mixed trade dynamics in March. Unit prices rose 3.68% month-on-month to $5.55/kg, but export value dipped 2.65% to $118.04M as shipment volumes contracted 6.11% to 21.26M kg. The uptick in pricing failed to offset the decline in volume, signaling tighter supply or shifting demand. Paraguay's beef exports had surged 36.14% in February, making March's pullback notable. No direct link to external events was evident in the data.

Table: Paraguay Boneless Beef Export Trend (Source: yTrade)

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Geographic Concentration & Market Logic

The UNITED STATES dominates Paraguay's boneless beef exports, accounting for 23.11% of value but only 20.42% of weight, signaling a premium market demanding higher-grade cuts. China Taiwan and Israel follow closely, with value shares (19.05%, 17.13%) slightly outpacing weight shares (18.00%, 15.13%), reinforcing a focus on quality over bulk. Russia and Chile, however, show near-parity (4.50% value vs. 6.10% weight; 4.00% vs. 5.04%), suggesting cost-driven bulk trade. The structure reveals a dual strategy: premium markets absorb high-value cuts, while secondary hubs prioritize volume, optimizing Paraguay's supply chain for both margin and scale.

Table: Paraguay Boneless Beef (HS Code 020230) Top Destination Countries (Source: yTrade)

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Paraguay HS Code 020230 Breakdown & Value Logic

yTrade data reveals HS Code 02023000 ("Meat; of bovine animals, boneless cuts, frozen") dominates Paraguay's exports, accounting for 100% of volume (21.26M kg) and 100% of value ($118.04M) under parent code 020230 in March 2025. The absence of unit price data suggests a bulk-driven market, where Paraguay leverages scale over premium pricing—typical for frozen boneless beef exports. This aligns with global demand for cost-efficient protein, with no competing sub-codes registering meaningful activity. The data confirms Paraguay’s role as a volume player in low-margin frozen beef, not yet pivoting to higher-value cuts.

Paraguay Boneless Beef Buyers List

Table: Paraguay Boneless Beef (HS Code 020230) Top Buyers List (Source: yTrade)

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Frequently Asked Questions

How did Paraguay Boneless beef Export perform in March?

Exports dipped 2.65% month-on-month to $118.04M, with volumes down 6.11% to 21.26M kg. Unit prices rose 3.68% to $5.55/kg.

What are the top Export partners for Paraguay Boneless beef?

The United States ($27.28M), China Taiwan ($22.49M), and Israel ($20.22M) were the top destinations.

Who are the major Boneless beef Buyers?

Key buyers include Natural Meat Corporation ($6.18M), Sung Chuan Trading Co., Ltd ($4.81M), and Baladi Ltd ($4.34M).

What is the specific HS Code for this trade?

The data covers HS Code 020230.