MERCOSUR: Preserved Beef Market 2024

Preserved Beef Market Size in MERCOSUR

The MERCOSUR preserved beef market fell to $X in 2022, remaining constant against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Preserved Beef Production in MERCOSUR

In value terms, preserved beef production totaled $X in 2022 estimated in export price. Overall, production saw a mild descent. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Preserved Beef Exports

Exports in MERCOSUR

In 2022, shipments abroad of beef and veal (salted, in brine, dried or smoked) increased by X% to X tons, rising for the second year in a row after three years of decline. Overall, exports, however, continue to indicate a deep downturn. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, preserved beef exports skyrocketed to $X in 2022. In general, exports, however, saw a abrupt downturn. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil prevails in exports structure, reaching X tons, which was approx. X% of total exports in 2022. Uruguay (X tons) and Colombia (X tons) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to preserved beef exports from Brazil stood at X%. At the same time, Colombia (X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Uruguay (X%) illustrated a downward trend over the same period. Colombia (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest preserved beef supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Uruguay ($X), with a X% share of total exports.

In Brazil, preserved beef exports contracted by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Uruguay (X% per year) and Colombia (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Uruguay ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (X%), while the other leaders experienced a decline in the export price figures.

Preserved Beef Imports

Imports in MERCOSUR

In 2022, after two years of decline, there was significant growth in supplies from abroad of beef and veal (salted, in brine, dried or smoked), when their volume increased by X% to X tons. In general, imports, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2014 when imports increased by X%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, preserved beef imports expanded markedly to $X in 2022. Overall, imports, however, saw a abrupt decline. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Suriname prevails in imports structure, reaching X tons, which was near X% of total imports in 2022. Guyana (X tons) followed a long way behind the leaders.

Imports into Suriname decreased at an average annual rate of X% from 2012 to 2022. Guyana (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Suriname decreased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Suriname ($X) constitutes the largest market for imported beef and veal (salted, in brine, dried or smoked) in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Guyana ($X), with a X% share of total imports.

In Suriname, preserved beef imports shrank by an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Suriname ($X per ton), while Guyana stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guyana (X%).

Source: IndexBox Platform

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