Colombia - Prepared Or Preserved Meat Or Offal Of Bovine Animals - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Colombia - Prepared Or Preserved Meat Or Offal Of Bovine Animals - Market Analysis, Forecast, Size, Trends And Insights

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Preserved Cows Meat Price in Colombia - 2022

Contents:

  1. Preserved Cows Meat Price in Colombia (CIF) - 2022
  2. Preserved Cows Meat Price in Colombia (FOB) - 2022
  3. Preserved Cows Meat Imports in Colombia
  4. Preserved Cows Meat Exports in Colombia

Preserved Cows Meat Price in Colombia (CIF) - 2022

The average preserved cows meat import price stood at $4,886 per ton in 2022, growing by 19% against the previous year. Over the period under review, the import price, however, recorded a mild reduction. Over the period under review, average import prices hit record highs at $5,849 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($8,024 per ton), while the price for Argentina ($1,642 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+3.6%), while the prices for the other major suppliers experienced a decline.

Preserved Cows Meat Price in Colombia (FOB) - 2022

In 2022, the average preserved cows meat export price amounted to $1,758 per ton, approximately equating the previous year. Overall, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved cows meat export price increased by +16.9% against 2019 indices. The pace of growth appeared the most rapid in 2014 an increase of 73% against the previous year. The export price peaked at $2,302 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($1,667 per ton), while the average price for exports to Guatemala amounted to $1,576 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+2.0%).

Preserved Cows Meat Imports in Colombia

In 2022, overseas purchases of prepared or preserved meat or offal of bovine animals were finally on the rise to reach 89 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a significant curtailment.

In value terms, preserved cows meat imports surged to $437K in 2022. Over the period under review, imports, however, faced a dramatic contraction.

Import of Preserved Cows Meat in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile663347184214-31.4%
ParaguayN/AN/AN/A1120%
United States46614982.975.9-45.4%
Argentina23.533.016.618.3-8.0%
Panama34.019.811.715.1-23.7%
Others5.925.74.31.6-35.3%
Total1,193574299437-28.4%

Top Suppliers of Preserved Cows Meat to Colombia in 2022:

  1. Paraguay (27.6 tons)
  2. Chile (26.7 tons)
  3. United States (19.5 tons)
  4. Argentina (11.1 tons)
  5. Panama (4.1 tons)

Preserved Cows Meat Exports in Colombia

In 2022, overseas shipments of prepared or preserved meat or offal of bovine animals decreased by -18.5% to 47 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 143%.

In value terms, preserved cows meat exports shrank markedly to $83K in 2022. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 181% against the previous year.

Export of Preserved Cows Meat in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR20.660.778.560.743.4%
Guatemala1.31.518.415.9130.4%
Others0.40.66.46.5153.3%
Total22.462.810383.154.8%

Top Export Markets for Preserved Cows Meat from Colombia in 2022:

  1. Hong Kong SAR (36.4 tons)
  2. Guatemala (10.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the preserved cows meat market in Colombia. 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:

  • Prodcom 10131585 - Prepared or preserved meat or offal of bovine animals (excluding sausages and similar products, homogenised preparations, preparations of liver and prepared meals and dishes)

Country coverage:

  • Colombia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Colombia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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