Latin America and the Caribbean: Fresh Poultry Offal Market 2020

Fresh Poultry Offal Market Size in Latin America and the Caribbean

The revenue of the fresh poultry offal market in Latin America and the Caribbean amounted to $X in 2017, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The fresh poultry offal consumption continues to indicate a remarkable growth. The pace of growth was the most pronounced in 2017, with an increase of X% against the previous year. In that year, the fresh poultry offal market attained their peak level, and is likely to continue its growth in the immediate term.

Fresh Poultry Offal Exports in Latin America and the Caribbean

In 2017, exports of fresh or chilled poultry offal in Latin America and the Caribbean amounted to X tonnes, lowering by -X% against the previous year. The fresh poultry offal exports continue to indicate a deep decrease. The growth pace was the most rapid in 2009, when it surged by X% against the previous year. In that year, the fresh poultry offal exports reached their peak volume of X tonnes. From 2010 to 2017, growth of the fresh poultry offal exports failed to regain its momentum.

In value terms, fresh poultry offal exports amounted to $X in 2017. The fresh poultry offal exports continue to indicate an abrupt drop. The level of exports peaked of $X in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Fresh Poultry Offal Exports by Country in Latin America and the Caribbean

In 2017, Brazil (X tonnes) was the key exporter for fresh or chilled poultry offal, constituting X% of total exports. Chile (X tonnes) held a X% share (based on tonnes) of total exports, which put it in second place, followed by Guatemala (X%). Jamaica (X tonnes) followed a long way behind the leaders.

Exports from Brazil decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Jamaica (+X%) displayed positive paces of growth. Moreover, Jamaica emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Chile (-X%) and Guatemala (-X%) illustrated a downward trend over the same period. Brazil (X%), Guatemala (X%) and Chile (X%) significantly strengthened its position in terms of the global exports, while Jamaica saw its share reduced by -X% from 2007 to 2017, respectively.

In value terms, Brazil ($X) remains the largest fresh poultry offal supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Chile ($X), with a X% share of global exports. It was followed by Jamaica, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Brazil totaled -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (-X% per year) and Jamaica (+X% per year).

Fresh Poultry Offal Export Prices by Country in Latin America and the Caribbean

In 2017, the fresh poultry offal export price in Latin America and the Caribbean amounted to $X per tonne, surging by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017, when it surged by X% against the previous year. In that year, the export prices for fresh or chilled poultry offal reached their peak level, and is likely to continue its growth in the immediate term.

Export prices varied noticeably by the country of destination; the country with the highest export price was Jamaica ($X per tonne), while Guatemala ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Brazil (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Fresh Poultry Offal Imports in Latin America and the Caribbean

In 2017, approx. X tonnes of fresh or chilled poultry offal were imported in Latin America and the Caribbean; reducing by -X% against the previous year. The total imports indicated a remarkable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the fresh poultry offal imports decreased by -X% against 2014 indices. The growth pace was the most rapid in 2010, with an increase of X% y-o-y. The volume of imports peaked of X tonnes in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, fresh poultry offal imports amounted to $X in 2017. The fresh poultry offal imports continue to indicate a remarkable expansion. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Fresh Poultry Offal Imports by Country in Latin America and the Caribbean

The countries with the highest levels of fresh poultry offal imports in 2017 were Mexico (X tonnes), together amounting to X% of total import.

Mexico was also the fastest growing in terms of the fresh or chilled poultry offal imports, with a CAGR of +X% from 2007 to 2017. From 2007 to 2017, the share of Mexico decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported fresh or chilled poultry offal in Latin America and the Caribbean.

In Mexico, fresh poultry offal imports expanded at an average annual rate of +X% over the period from 2007-2017.

Fresh Poultry Offal Import Prices by Country in Latin America and the Caribbean

The fresh poultry offal import price in Latin America and the Caribbean stood at $X per tonne in 2017, rising by X% against the previous year. The fresh poultry offal import price continues to indicate a mild slump. The most prominent rate of growth was recorded in 2013, when the import prices increased by X% against the previous year. In that year, the import prices for fresh or chilled poultry offal attained their peak level of $X per tonne. From 2014 to 2017, growth of the import prices for fresh or chilled poultry offal stood at a somewhat lower level.

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

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Mexico (-X% per year).

Source: IndexBox Platform