
Latin America and the Caribbean - Frozen Hams, Shoulders And Cuts Of Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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Latin America and the Caribbean: Frozen Pork Cut Market Overview 2021
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Frozen Pork Cut Market Size in Latin America and the Caribbean
The Latin American frozen pork cut market was estimated at $X in 2019, therefore, remained relatively stable against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2013; however, from 2014 to 2019, consumption stood at a somewhat lower figure.
Frozen Pork Cut Production in Latin America and the Caribbean
In value terms, frozen pork cut production amounted to $X in 2019 estimated in export prices. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. The level of production peaked at $X in 2013; however, from 2014 to 2019, production failed to regain the momentum.
The countries with the highest volumes of frozen pork cut production in 2019 were Brazil (X tonnes), Mexico (X tonnes) and Chile (X tonnes), with a combined X% share of total production.
From 2007 to 2019, the biggest increases were in Chile, while frozen pork cut production for the other leaders experienced more modest paces of growth.
Production By Country in Latin America and the Caribbean
The countries with the highest volumes of frozen pork cut production in 2019 were Brazil (X tonnes), Mexico (X tonnes) and Chile (X tonnes), with a combined X% share of total production.
From 2007 to 2019, the biggest increases were in Chile, while frozen pork cut production for the other leaders experienced more modest paces of growth.
Frozen Pork Cut Exports
Exports in Latin America and the Caribbean
In 2019, the amount of frozen hams, shoulders and cuts of pig meat exported in Latin America and the Caribbean stood at X tonnes, with an increase of X% compared with the previous year. Over the period under review, exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, exports hit record highs in 2019 and are likely to see steady growth in the immediate term.
In value terms, frozen pork cut exports amounted to $X in 2019. Overall, exports showed a prominent expansion. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure in 2019 and are expected to retain growth in years to come.
Exports by Country
Brazil (X tonnes) and Chile (X tonnes) dominates frozen pork cut exports structure, together making up X% of total exports. The following exporters - Argentina (X tonnes) and Mexico (X tonnes) - together made up X% of total exports.
From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Argentina, while exports for the other leaders experienced more modest paces of growth.
In value terms, the largest frozen pork cut supplying countries in Latin America and the Caribbean were Chile ($X), Brazil ($X) and Mexico ($X), with a combined X% share of total exports. Argentina lagged somewhat behind, accounting for a further X terms of the main exporting countries, Argentina saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The frozen pork cut export price in Latin America and the Caribbean stood at $X per tonne in 2019, surging by X% against the previous year. Over the period under review, the export price, however, continues to indicate a mild slump. The pace of growth appeared the most rapid in 2011 when the export price increased by X% y-o-y. As a result, export price attained the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the export prices remained at a lower figure.
Prices varied noticeably by the country of origin; the country with the highest price was Mexico ($X per tonne), while Brazil ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Argentina, while the other leaders experienced a decline in the export price figures.
Frozen Pork Cut Imports
Imports in Latin America and the Caribbean
For the fourth consecutive year, LatAmerica and the Caribbean recorded growth in overseas purchases of frozen hams, shoulders and cuts of pig meat, which increased by X% to X tonnes in 2019. The total import volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. The volume of import peaked in 2019 and is likely to see gradual growth in the immediate term.
In value terms, frozen pork cut imports rose notably to $X in 2019. The total import value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2012 to 2019, the growth imports failed to regain the momentum.
Imports by Country
The countries with the highest levels of frozen pork cut imports in 2019 were Chile (X tonnes), the Dominican Republic (X tonnes), Colombia (X tonnes), Mexico (X tonnes), Guatemala (X tonnes), Trinidad and Tobago (X tonnes), El Salvador (X tonnes) and Peru (X tonnes), together finishing at X% of total import. Panama (X tonnes), Bahamas (X tonnes) and Venezuela (X tonnes) followed a long way behind the leaders.
From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Venezuela (+X% per year), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest frozen pork cut importing markets in Latin America and the Caribbean were Chile ($X), the Dominican Republic ($X) and Colombia ($X), with a combined X% share of total imports. Mexico, Guatemala, El Salvador, Trinidad and Tobago, Peru, Panama, Bahamas and Venezuela lagged somewhat behind, together accounting for a further X terms of the main importing countries, Venezuela (+X% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2019, the frozen pork cut import price in Latin America and the Caribbean amounted to $X per tonne, remaining constant against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2010 an increase of X% year-to-year. The level of import peaked at $X per tonne in 2014; however, from 2015 to 2019, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Venezuela ($X per tonne), while Colombia ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Bahamas, while the other leaders experienced more modest paces of growth.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for frozen hams, shoulders and cuts of pig meat in LatAmerica and the Caribbean?+
The countries with the highest volumes of frozen pork cut consumption in 2019 were Brazil (89K tonnes), Mexico (63K tonnes) and Argentina (27K tonnes), together accounting for 56% of total consumption. These countries were followed by Colombia, Venezuela, Peru, Chile, Ecuador, Guatemala, Cuba, the Dominican Republic, Bolivia and Paraguay, which together accounted for a further 34%.
What are the largest producers of frozen hams, shoulders and cuts of pig meat in LatAmerica and the Caribbean?+
The countries with the highest volumes of frozen pork cut production in 2019 were Brazil (118K tonnes), Mexico (61K tonnes) and Chile (35K tonnes), with a combined 62% share of total production.
What are the leading exporters of frozen hams, shoulders and cuts of pig meat in LatAmerica and the Caribbean?+
In value terms, Chile ($52M), Brazil ($48M) and Mexico ($5.9M) constituted the countries with the highest levels of exports in 2019, together accounting for 95% of total exports. Argentina lagged somewhat behind, comprising a further 4.4%.
What are the leading importers of frozen hams, shoulders and cuts of pig meat in LatAmerica and the Caribbean?+
In value terms, Chile ($14M), the Dominican Republic ($12M) and Colombia ($10M) constituted the countries with the highest levels of imports in 2019, together accounting for 44% of total imports. Mexico, Guatemala, El Salvador, Trinidad and Tobago, Peru, Panama, Bahamas and Venezuela lagged somewhat behind, together accounting for a further 41%.
What is the average export price for frozen hams, shoulders and cuts of pig meat in LatAmerica and the Caribbean?+
The frozen pork cut export price in Latin America and the Caribbean stood at $1,778 per tonne in 2019, rising by 4.4% against the previous year.
What is the average import price for frozen hams, shoulders and cuts of pig meat in LatAmerica and the Caribbean?+
The frozen pork cut import price in Latin America and the Caribbean stood at $1,993 per tonne in 2019, approximately reflecting the previous year.
This report provides an in-depth analysis of the frozen pork cut market in Latin America and the Caribbean. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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