Latin America and the Caribbean: Market for Duck and Goose Meat 2024

Market Size for Duck and Goose Meat in Latin America and the Caribbean

The Latin American duck and goose meat market rose sharply to $X in 2022, growing by X% against the previous year. In general, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Duck and Goose Meat in Latin America and the Caribbean

In value terms, duck and goose meat production rose significantly to $X in 2022 estimated in export price. The total production indicated a pronounced expansion from 2012 to 2022: its value 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. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

The countries with the highest volumes of production in 2022 were Argentina (X tons), Brazil (X tons) and Paraguay (X tons), together comprising X% of total production. Venezuela, Bolivia, Suriname and Ecuador lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Suriname (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

The average duck and goose meat yield contracted modestly to X kg per head in 2022, remaining stable against 2021 figures. Over the period under review, the yield saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, the yield attained the peak level of X kg per head; afterwards, it flattened through to 2022.

The global number of animals slaughtered for duck and goose meat production was estimated at X heads in 2022, approximately mirroring the previous year's figure. This number increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the amount of producing animals reached the peak level of X heads. From 2019 to 2022, the growth of this number remained at a lower figure.

Exports of Duck and Goose Meat

Exports in Latin America and the Caribbean

In 2022, shipments abroad of duck and goose meat decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The volume of export peaked at X tons in 2021, and then fell notably in the following year.

In value terms, duck and goose meat exports reduced remarkably to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2021, and then declined markedly in the following year.

Exports by Country

The biggest shipments were from Brazil (X tons), together reaching X% of total export.

Brazil experienced a relatively flat trend pattern with regard to volume of exports of duck and goose meat. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) also remains the largest duck and goose meat supplier in Latin America and the Caribbean.

In Brazil, duck and goose meat exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, increasing by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to X% per year.

Imports of Duck and Goose Meat

Imports in Latin America and the Caribbean

In 2022, approx. X tons of duck and goose meat were imported in Latin America and the Caribbean; declining by X% compared with 2021 figures. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by X%. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, duck and goose meat imports declined modestly to $X in 2022. Total imports indicated a moderate expansion from 2012 to 2022: its value 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. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Mexico dominates imports structure, accounting for X tons, which was near X% of total imports in 2022. Panama (X tons) ranks second in terms of the total imports with a X% share, followed by Bahamas (X%). Colombia (X tons), Chile (X tons), Aruba (X tons), Guatemala (X tons), Haiti (X tons), Curacao (X tons), Barbados (X tons) and the Dominican Republic (X tons) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to duck and goose meat imports into Mexico stood at X%. At the same time, Panama (X%), Aruba (X%), Chile (X%), Barbados (X%), Bahamas (X%), Curacao (X%) and Guatemala (X%) displayed positive paces of growth. Moreover, Panama emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Haiti (X%), Colombia (X%) and the Dominican Republic (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Mexico, Panama, Bahamas, Aruba and Chile increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported duck and goose meat in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Bahamas ($X), with a X% share of total imports. It was followed by Colombia, with a X% share.

In Mexico, duck and goose meat imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Bahamas (X% per year) and Colombia (X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, growing by X% against the previous year. Import price indicated pronounced growth 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. Based on 2022 figures, duck and goose meat import price increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2020 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Barbados ($X per ton), while Haiti ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Barbados (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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