Brazil: Market for Prepared or Preserved Meat 2024

Market Size for Prepared or Preserved Meat in Brazil

The Brazilian prepared or preserved meat market shrank slightly to $X in 2022, with a decrease of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Prepared or Preserved Meat in Brazil

In value terms, prepared or preserved meat production reduced to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Prepared or preserved meat production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Prepared or Preserved Meat

Exports from Brazil

In 2022, shipments abroad of prepared or preserved meat increased by X% to X tons, rising for the third year in a row after three years of decline. Overall, exports, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, prepared or preserved meat exports expanded notably to $X in 2022. In general, exports, however, showed a noticeable reduction. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons), the United States (X tons) and the Netherlands (X tons) were the main destinations of prepared or preserved meat exports from Brazil, with a combined X% share of total exports. Japan, Chile, Germany, Ireland, Uruguay, Belgium and Argentina lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for prepared or preserved meat exported from Brazil were the United States ($X), the UK ($X) and the Netherlands ($X), with a combined X% share of total exports. Belgium, Germany, Chile, Ireland, Japan, Uruguay and Argentina lagged somewhat behind, together comprising a further X%.

Ireland, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average prepared or preserved meat export price stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Japan ($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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared or Preserved Meat

Imports into Brazil

In 2022, approx. X tons of prepared or preserved meat were imported into Brazil; shrinking by X% against the year before. Overall, imports faced a abrupt descent. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, prepared or preserved meat imports contracted remarkably to $X in 2022. Over the period under review, imports showed a drastic downturn. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Argentina (X tons) constituted the largest supplier of prepared or preserved meat to Brazil, with a X% share of total imports. Moreover, prepared or preserved meat imports from Argentina exceeded the figures recorded by the second-largest supplier, Italy (X tons), fourfold. The third position in this ranking was taken by Spain (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Argentina stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Spain (X% per year).

In value terms, Argentina ($X), Spain ($X) and Italy ($X) appeared to be the largest prepared or preserved meat suppliers to Brazil, with a combined X% share of total imports.

Argentina, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average prepared or preserved meat import price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price saw a mild expansion. The most prominent rate of growth was recorded in 2015 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2016 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 ($X per ton), while the price for Uruguay ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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