Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Paraguay - 2022
Contents:
- Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Paraguay (FOB) - 2022
- Exports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Paraguay
Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Paraguay (FOB) - 2022
In 2022, the average export price for frozen carcasses and half-carcasses of bovine meat amounted to $4,085 per ton, approximately equating the previous year. Over the period under review, the export price continues to indicate buoyant growth. The growth pace was the most rapid in 2017 when the average export price increased by 27%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($3,979 per ton), while the average price for exports to Gabon totaled $3,279 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+8.7%).
Exports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Paraguay
In 2022, the amount of frozen carcasses and half-carcasses of bovine meat exported from Paraguay expanded remarkably to 483 tons, increasing by 7.1% compared with 2021. The total export volume increased at an average annual rate of +7.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 7.1%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of frozen carcasses and half-carcasses of bovine meat expanded remarkably to $2M in 2022. The total export value increased at an average annual rate of +8.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 8.7% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Frozen Carcasses and Half-Carcasses of Bovine Meat in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 1,485 | 1,614 | 1,754 | 1,634 | 3.2% |
| Gabon | 51.7 | 56.7 | 62.1 | 58.4 | 4.1% |
| Others | N/A | N/A | N/A | 282 | 0% |
| Total | 1,537 | 1,671 | 1,816 | 1,974 | 8.7% |
Top Export Markets for Frozen Carcasses and Half-Carcasses of Bovine Meat from Paraguay in 2022:
- Kuwait (410.5 tons)
- Gabon (17.8 tons)
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