Argentina: Market for Prepared or Preserved Meat 2024

Market Size for Prepared or Preserved Meat in Argentina

The Argentinian prepared or preserved meat market declined modestly to $X in 2022, with a decrease of X% against the previous year. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Prepared or Preserved Meat in Argentina

In value terms, prepared or preserved meat production contracted modestly to $X in 2022 estimated in export price. Overall, production showed a slight contraction. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Prepared or preserved meat production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Prepared or Preserved Meat

Exports from Argentina

In 2022, shipments abroad of prepared or preserved meat decreased by X% to X tons, falling for the third year in a row after four years of growth. Over the period under review, exports saw a noticeable setback. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, prepared or preserved meat exports contracted sharply to $X in 2022. Overall, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Hong Kong SAR (X tons) was the main destination for prepared or preserved meat exports from Argentina, with a X% share of total exports. Moreover, prepared or preserved meat exports to Hong Kong SAR exceeded the volume sent to the second major destination, Peru (X tons), threefold. Thailand (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Hong Kong SAR stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (X% per year) and Thailand (X% per year).

In value terms, Hong Kong SAR ($X) remains the key foreign market for prepared or preserved meat exports from Argentina, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports. It was followed by Peru, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Hong Kong SAR totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and Peru (X% per year).

Export Prices by Country

The average prepared or preserved meat export price stood at $X per ton in 2022, which is down by X% against the previous year. In general, the export price showed a noticeable setback. The pace of growth appeared the most rapid in 2018 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared or Preserved Meat

Imports into Argentina

In 2022, the amount of prepared or preserved meat imported into Argentina skyrocketed to X tons, increasing by X% against 2021 figures. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, prepared or preserved meat imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed a slight expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Brazil (X tons) was the main prepared or preserved meat supplier to Argentina, accounting for a X% share of total imports. It was followed by Spain (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Brazil was relatively modest.

In value terms, Brazil ($X) constituted the largest supplier of prepared or preserved meat to Argentina, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil stood at X%.

Import Prices by Country

The average prepared or preserved meat import price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Brazil totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%).

Source: IndexBox Platform

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