MERCOSUR: Sausage Market 2024

Sausage Market Size in MERCOSUR

The MERCOSUR sausage market stood at $X in 2022, remaining constant against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The level of consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Sausage Production in MERCOSUR

In value terms, sausage production rose 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; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Sausage Exports

Exports in MERCOSUR

In 2022, overseas shipments of sausages and similar products of meat increased by X% to X tons, rising for the sixth year in a row after two years of decline. Overall, exports recorded prominent growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, sausage exports surged to $X in 2022. In general, exports posted a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

Brazil (X tons) represented roughly X% of total exports in 2022.

Brazil was also the fastest-growing in terms of the sausages and similar products of meat exports, with a CAGR of X% from 2012 to 2022. Brazil (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) also remains the largest sausage supplier in MERCOSUR.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil totaled X%.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, picking up by X% against the previous year. Overall, the export price, however, showed a slight decline. The growth pace was the most rapid in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to X% per year.

Sausage Imports

Imports in MERCOSUR

In 2022, after six years of growth, there was significant decline in purchases abroad of sausages and similar products of meat, when their volume decreased by X% to X tons. In general, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then declined sharply in the following year.

In value terms, sausage imports declined rapidly to $X in 2022. Overall, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then fell notably in the following year.

Imports by Country

Venezuela prevails in imports structure, resulting at X tons, which was near X% of total imports in 2022. Guyana (X tons) ranks second in terms of the total imports with a X% share, followed by Paraguay (X%), Suriname (X%) and Chile (X%). Colombia (X tons) took a little share of total imports.

Venezuela was also the fastest-growing in terms of the sausages and similar products of meat imports, with a CAGR of X% from 2012 to 2022. At the same time, Chile (X%), Paraguay (X%), Guyana (X%), Colombia (X%) and Suriname (X%) displayed positive paces of growth. Venezuela (X p.p.) and Chile (X p.p.) significantly strengthened its position in terms of the total imports, while Paraguay, Colombia, Guyana and Suriname saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively.

In value terms, Venezuela ($X) constitutes the largest market for imported sausages and similar products of meat in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Chile ($X), with a X% share of total imports. It was followed by Guyana, with a X% share.

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

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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 Colombia ($X per ton), while Venezuela ($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

Frequently Asked Questions (FAQ) :