MERCOSUR: Market for Prepared or Preserved Meat 2024

Market Size for Prepared or Preserved Meat in MERCOSUR

The MERCOSUR prepared or preserved meat market contracted modestly to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, showed a modest increase. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Prepared or Preserved Meat in MERCOSUR

In value terms, prepared or preserved meat production declined to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Prepared or Preserved Meat

Exports in MERCOSUR

In 2022, shipments abroad of prepared or preserved meat decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports recorded a noticeable decrease. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, prepared or preserved meat exports rose modestly to $X in 2022. In general, exports recorded a pronounced setback. 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 stood at a somewhat lower figure.

Exports by Country

Brazil prevails in exports structure, amounting to X tons, which was near X% of total exports in 2022. Argentina (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Chile (X%). 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 ($X) remains the largest prepared or preserved meat supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Uruguay ($X), with a X% share of total exports. It was followed by Argentina, with a X% share.

In Brazil, prepared or preserved meat exports plunged 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 Argentina (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded 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.

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 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.

Imports of Prepared or Preserved Meat

Imports in MERCOSUR

Prepared or preserved meat imports contracted remarkably to X tons in 2022, which is down by X% compared with the previous year. 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 throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then shrank rapidly in the following year.

In value terms, prepared or preserved meat imports rose markedly to $X in 2022. Total imports indicated a measured expansion 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 most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Chile (X tons) and Colombia (X tons) were the main importers of prepared or preserved meat in MERCOSUR, together creating X% of total imports. Uruguay (X tons) held the next position in the ranking, followed by Paraguay (X tons) and Argentina (X tons). All these countries together took near X% share of total imports. The following importers - Venezuela (X tons) and Ecuador (X tons) - each resulted at an X% share of total imports.

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 ($X) constitutes the largest market for imported prepared or preserved meat in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Colombia ($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

In 2022, the import price in MERCOSUR amounted to $X per ton, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, 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 Colombia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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