Price for Meat of Bovine Animals; Fresh or Chilled in Brazil - 2024
Contents:
- Price for Meat of Bovine Animals; Fresh or Chilled in Brazil (FOB) - 2024
- Price for Meat of Bovine Animals; Fresh or Chilled in Brazil (CIF) - 2024
- Exports of Meat of Bovine Animals; Fresh or Chilled in Brazil
- Imports of Meat of Bovine Animals; Fresh or Chilled in Brazil
Price for Meat of Bovine Animals; Fresh or Chilled in Brazil (FOB) - 2024
The average export price for meat of bovine animals; fresh or chilled stood at $5,248 per ton in February 2024, which is down by -3.1% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average export price increased by 6% month-to-month. Over the period under review, the average export prices reached the peak figure at $5,850 per ton in May 2023; however, from June 2023 to February 2024, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($9,819 per ton), while the average price for exports to Paraguay ($3,274 per ton) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Lebanon (+0.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Meat of Bovine Animals; Fresh or Chilled in Brazil (CIF) - 2024
The average import price for meat of bovine animals; fresh or chilled stood at $6,777 per ton in February 2024, which is down by -10.9% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 when the average import price increased by 25% m-o-m. The import price peaked at $7,609 per ton in January 2024, and then reduced in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Argentina ($12,011 per ton), while the price for Paraguay ($6,161 per ton) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Uruguay (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Meat of Bovine Animals; Fresh or Chilled in Brazil
In 2022, approx. 142K tons of meat of bovine animals; fresh or chilled were exported from Brazil; waning by -25.2% on 2021. Overall, exports showed a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 6.4%.
In value terms, exports of meat of bovine animals; fresh or chilled shrank markedly to $868M in 2022. In general, exports recorded a perceptible reduction. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. As a result, the exports attained the peak of $1.1B, and then shrank remarkably in the following year.
| Export of Meat of Bovine Animals; Fresh or Chilled in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 351 | 308 | 461 | 294 | -5.7% |
| Uruguay | 91.6 | 91.3 | 95.9 | 104 | 4.3% |
| Netherlands | 58.8 | 62.0 | 96.2 | 89.9 | 15.2% |
| Saudi Arabia | 45.1 | 55.7 | 61.4 | 67.4 | 14.3% |
| United Arab Emirates | 47.6 | 49.7 | 53.5 | 64.6 | 10.7% |
| Israel | 6.3 | 15.2 | 46.6 | 53.3 | 103.8% |
| Jordan | 43.9 | 32.5 | 41.4 | 26.0 | -16.0% |
| Lebanon | 64.3 | 29.8 | 16.5 | 20.8 | -31.4% |
| Saint Lucia | 45.1 | 55.7 | 61.4 | N/A | 16.7% |
| Algeria | 51.4 | 34.6 | N/A | N/A | -32.7% |
| Others | 133 | 89.2 | 124 | 149 | 3.9% |
| Total | 938 | 824 | 1,057 | 868 | -2.6% |
Top Export Markets for Meat of Bovine Animals; Fresh or Chilled from Brazil in 2022:
- Chile (56.7K tons)
- Uruguay (21.0K tons)
- Saudi Arabia (12.6K tons)
- United Arab Emirates (11.1K tons)
- Netherlands (7.9K tons)
- Israel (7.8K tons)
- Jordan (5.0K tons)
- Lebanon (3.6K tons)
Imports of Meat of Bovine Animals; Fresh or Chilled in Brazil
For the fourth year in a row, Brazil recorded growth in overseas purchases of meat of bovine animals; fresh or chilled, which increased by 23% to 29K tons in 2022. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +17.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of meat of bovine animals; fresh or chilled soared to $186M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +19.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Meat of Bovine Animals; Fresh or Chilled in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 59.7 | 73.0 | 103 | 152 | 36.5% |
| Argentina | 22.3 | 14.8 | 15.0 | 17.9 | -7.1% |
| Uruguay | 26.4 | 14.3 | 15.1 | 15.8 | -15.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 108 | 102 | 133 | 186 | 19.9% |
Top Suppliers of Meat of Bovine Animals; Fresh or Chilled to Brazil in 2022:
- Paraguay (26.2K tons)
- Argentina (1.5K tons)
- Uruguay (1.5K tons)
1923
This report provides an in-depth analysis of the beef market in Brazil.
648
This report provides an in-depth analysis of the meat and poultry market in Brazil.
966
This report provides an in-depth analysis of the meat market in Brazil.
659
This report provides an in-depth analysis of the beef market in Brazil.
605
This report provides an in-depth analysis of the fresh beef carcase market in Brazil.
407
This report provides an in-depth analysis of the fresh beef cut market in Brazil.
4228
This report provides an in-depth analysis of the global beef market.
2158
This report provides an in-depth analysis of the global meat and poultry market.
2746
This report provides an in-depth analysis of the global meat market.
961
Global Beef Market Report 2019. This report provides an in-depth analysis of the global beef market.
1209
In December 2022, the beef price stood at $4,950 per ton (FOB, Brazil), with a decrease of -6% against the previous month.
157
The exports of Meat And Poultry reached a peak of 740K tons but decreased significantly in the following month. In terms of value, meat and poultry exports notably declined to $613M in January 2024.
110
During the review period, Meat exports reached record highs in 2023 and are projected to experience consistent growth in the coming years. The value of Meat exports decreased to $12.2B in 2023.
959
In December 2022, the meat price amounted to $4,057 per ton (FOB, Brazil), falling by -6.5% against the previous month.
468
Explore the top import markets for beef, including China, the United States, South Korea, and more. Discover key statistics and figures from the IndexBox market intelligence platform.
697
The global beef market stood at $379.4B in 2021, approximately mirroring the previous year. This figure reflects the...
1795
The global beef market revenue amounted to $385.7B in 2018, growing by 5.1% against the previous year. This figure...
1310
Global beef market remained relatively stable, rising from X tons in 2007, to X tons in 2016.
3866
Global beef consumption amounted to X thousand tons in 2015, standing approx. at the previous year level.
1647
Global beef exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
