Latin America and the Caribbean: Animal Guts Market 2024

Animal Guts Market Size in Latin America and the Caribbean

The Latin American animal guts market dropped slightly to $X in 2022, standing approx. at the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Animal Guts Production in Latin America and the Caribbean

In value terms, animal guts production dropped 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 consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Animal Guts Exports

Exports in Latin America and the Caribbean

In 2022, after three years of growth, there was decline in shipments abroad of guts, bladders and stomachs of animals, when their volume decreased by less than X% to X tons. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, animal guts exports declined to $X in 2022. Over the period under review, exports showed a noticeable decline. The growth pace was the most rapid in 2017 when exports increased by X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil represented the major exporter of guts, bladders and stomachs of animals in Latin America and the Caribbean, with the volume of exports recording X tons, which was approx. X% of total exports in 2022. Argentina (X tons) held the second position in the ranking, distantly followed by Uruguay (X tons) and Paraguay (X tons). All these countries together took near X% share of total exports. Mexico (X tons), Nicaragua (X tons) and Chile (X tons) followed a long way behind the leaders.

Exports from Brazil decreased at an average annual rate of X% from 2012 to 2022. At the same time, Nicaragua (X%), Paraguay (X%), Mexico (X%), Uruguay (X%) and Argentina (X%) displayed positive paces of growth. Moreover, Nicaragua emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Chile (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Paraguay and Argentina increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest animal guts supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Uruguay ($X), with a X% share of total exports. It was followed by Paraguay, with a X% share.

In Brazil, animal guts exports declined by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Uruguay (X% per year) and Paraguay (X% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price showed a pronounced setback. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per ton), while Argentina ($X per ton) was amongst the lowest.

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

Animal Guts Imports

Imports in Latin America and the Caribbean

In 2022, animal guts imports in Latin America and the Caribbean reached X tons, approximately reflecting the previous year. Total imports indicated a modest increase from 2012 to 2022: its volume 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 2018 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. The volume of import peaked in 2022 and is likely to continue growth in years to come.

In value terms, animal guts imports reached $X in 2022. Total imports indicated tangible growth 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 growth pace was the most rapid in 2018 with an increase of X% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Mexico was the major importing country with an import of around X tons, which accounted for X% of total imports. Brazil (X tons) took the second position in the ranking, distantly followed by Peru (X tons). All these countries together took approx. X% share of total imports. The following importers - Paraguay (X tons), Chile (X tons) and Argentina (X tons) - together made up X% of total imports.

Imports into Mexico increased at an average annual rate of X% from 2012 to 2022. At the same time, Paraguay (X%) and Chile (X%) displayed positive paces of growth. Moreover, Paraguay emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. Brazil and Argentina experienced a relatively flat trend pattern. By contrast, Peru (X%) illustrated a downward trend over the same period. While the share of Paraguay (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Peru (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest animal guts importing markets in Latin America and the Caribbean were Mexico ($X), Brazil ($X) and Chile ($X), with a combined X% share of total imports. Peru, Argentina and Paraguay lagged somewhat behind, together accounting for a further X%.

Paraguay, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price recorded a temperate expansion. The growth pace was the most rapid in 2018 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Brazil ($X per ton), while Peru ($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 other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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