Peru - Beef (Cattle Meat) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBeef Price in Peru - 2021
Contents:
- Beef Price in Peru (CIF) - 2021
- Beef Price in Peru (FOB) - 2022
- Beef Imports in Peru
- Beef Exports in Peru
Beef Price in Peru (CIF) - 2021
The average beef import price stood at $6,425 per ton in April 2020, approximately equating the previous month. Over the last three months, it increased at an average monthly rate of +4.2%. The pace of growth was the most pronounced in March 2020 when the average import price increased by 9.4% against the previous month. As a result, import price attained the peak level of $6,460 per ton, leveling off in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($12,406 per ton), while the price for Argentina ($2,909 per ton) was amongst the lowest.
From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by Uruguay (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Beef Price in Peru (FOB) - 2022
The average beef export price stood at $4,124 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 32%. As a result, the export price reached the peak level of $4,992 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($19,881 per ton), while the average price for exports to Hong Kong SAR stood at $4,153 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+0.1%).
Beef Imports in Peru
In 2022, the amount of beef (cattle meat) imported into Peru amounted to 6.9K tons, growing by 4.6% on 2021 figures. The total import volume increased at an average annual rate of +7.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 29%. As a result, imports reached the peak of 7.2K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, beef imports declined to $42M in 2022. The total import value increased at an average annual rate of +7.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year.
| Import of Beef in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 13.6 | 9.7 | 18.1 | 15.2 | 3.8% |
| Brazil | 10.8 | 18.5 | 13.6 | 14.3 | 9.8% |
| Bolivia | 4.4 | 4.8 | 5.3 | 5.1 | 5.0% |
| Argentina | 2.8 | 3.1 | 4.5 | 4.2 | 14.5% |
| Uruguay | 1.3 | 2.2 | 3.1 | 2.8 | 29.1% |
| Paraguay | 0.7 | 1.1 | 0.8 | 0.8 | 4.6% |
| Others | -0.1 | -0.6 | -0.4 | -0.5 | 71.0% |
| Total | 33.6 | 38.9 | 44.9 | 41.9 | 7.6% |
Top Suppliers of Beef to Peru in 2022:
- Brazil (3.2K tons)
- United States (1.7K tons)
- Bolivia (0.9K tons)
- Argentina (0.5K tons)
- Uruguay (0.4K tons)
- Paraguay (0.2K tons)
Beef Exports in Peru
In 2022, the amount of beef (cattle meat) exported from Peru declined to 47 tons, falling by -5.8% compared with 2021. Overall, exports continue to indicate a pronounced setback. The pace of growth appeared the most rapid in 2021 with an increase of 13% against the previous year.
In value terms, beef exports declined to $193K in 2022. Over the period under review, exports saw a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year.
| Export of Beef in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | N/A | 24.9 | 18.7 | 18.5 | -13.8% |
| Chile | N/A | N/A | N/A | 3.5 | 0% |
| Luxembourg | N/A | N/A | 9.7 | N/A | 0% |
| United Arab Emirates | N/A | N/A | 152 | N/A | 0% |
| Others | 267 | 155 | 25.5 | 171 | -13.8% |
| Total | 267 | 180 | 206 | 193 | -10.3% |
Top Export Markets for Beef from Peru in 2022:
- Hong Kong SAR (4.5 tons)
- Chile (0.2 tons)
This report provides an in-depth analysis of the beef market in Peru. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 947 - Buffalo meat
- FCL 867 - Meat of cattle
Country coverage:
- Peru
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Peru
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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