MERCOSUR: Canned Meat Market 2024

Canned Meat Market Size in MERCOSUR

The MERCOSUR canned meat market reduced to $X in 2022, falling by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Canned Meat Production in MERCOSUR

In value terms, canned meat production reduced slightly to $X in 2022 estimated in export price. The total output value 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 observed in certain years. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Canned Meat Exports

Exports in MERCOSUR

In 2022, overseas shipments of canned meat decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports recorded a perceptible decrease. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, canned meat exports rose modestly to $X in 2022. Over the period under review, exports recorded a noticeable decline. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil dominates exports structure, recording X tons, which was near X% of total exports in 2022. Argentina (X tons) took the second position in the ranking, followed by Chile (X tons). All these countries together held near X% share of total exports. Uruguay (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, Uruguay (X%) displayed positive paces of growth. Moreover, Uruguay emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. Chile experienced a relatively flat trend pattern. By contrast, Argentina (X%) illustrated a downward trend over the same period. Uruguay (X p.p.) and Chile (X p.p.) significantly strengthened its position in terms of the total exports, while Brazil saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Brazil, canned meat exports shrank 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 Argentina (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

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

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

Canned Meat Imports

Imports in MERCOSUR

In 2022, purchases abroad of canned meat decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, leveling off in the following year.

In value terms, canned meat imports soared to $X in 2022. Total imports indicated a temperate increase 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 pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Chile (X tons) and Colombia (X tons) were the largest importers of canned meat in 2022, recording approx. X% and X% of total imports, respectively. It was distantly followed by Uruguay (X tons), Venezuela (X tons), Paraguay (X tons) and Argentina (X tons), together constituting a X% share of total imports. Ecuador (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Venezuela (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X) constitutes the largest market for imported canned meat in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Colombia ($X), with an X% share of total imports. It was followed by Uruguay, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Chile stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Colombia (X% per year) and Uruguay (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Ecuador ($X per ton), while Venezuela ($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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