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Northern America - Meat - Market Analysis, Forecast, Size, Trends and Insights
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Northern America: Meat Market Overview 2020

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Meat Market Size in Northern America

In 2019, the North American meat market increased by X% to $X, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X. From 2015 to 2019, the growth of the market remained at a somewhat lower figure.

Meat Production in Northern America

In value terms, meat production expanded to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X. From 2015 to 2019, production growth remained at a lower figure.

The U.S. (X tonnes) remains the largest meat producing country in Northern America, comprising approx. X% of total volume. Moreover, meat production in the U.S. exceeded the figures recorded by the second-largest producer, Canada (X tonnes), sevenfold.

In the U.S., meat production remained relatively stable over the period from 2007-2019.

The average meat yield amounted to X kg per head in 2019, leveling off at the previous year's figure. Overall, the yield showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X kg per head. From 2015 to 2019, the growth of the meat yield remained at a lower figure.

The global number of animals slaughtered for meat production was estimated at X heads in 2019, remaining relatively unchanged against the year before. Over the period under review, the number of producing animals recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the number of producing animals increased by X% y-o-y. The level of producing animals peaked in 2019 and is likely to see gradual growth in the immediate term.

Production By Country in Northern America

The U.S. (X tonnes) constituted the country with the largest volume of meat production, comprising approx. X% of total volume. Moreover, meat production in the U.S. exceeded the figures recorded by the second-largest producer, Canada (X tonnes), sevenfold.

In the U.S., meat production remained relatively stable over the period from 2007-2019.

Meat Exports

Exports in Northern America

In 2019, overseas shipments of meat increased by X% to X tonnes, rising for the fourth year in a row after four years of decline. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. The volume of export peaked in 2019 and is likely to see steady growth in the near future.

In value terms, meat exports expanded modestly to $X in 2019. Total exports indicated resilient growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. The level of export peaked in 2019 and is expected to retain growth in the near future.

Exports by Country

The U.S. was the key exporting country with an export of about X tonnes, which resulted at X% of total exports. It was distantly followed by Canada (X tonnes), constituting a X% share of total exports.

The U.S. was also the fastest-growing in terms of the meat exports, with a CAGR of +X% from 2007 to 2019. At the same time, Canada (+X%) displayed positive paces of growth. From 2007 to 2019, the share of the U.S. and Canada increased by +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) remains the largest meat supplier in Northern America, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

In the U.S., meat exports expanded at an average annual rate of +X% over the period from 2007-2019.

Export Prices by Country

The meat export price in Northern America stood at $X per tonne in 2019, remaining relatively unchanged against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010 when the export price increased by X% y-o-y. The level of export peaked at $X per tonne in 2014; however, from 2015 to 2019, export prices failed to regain the momentum.

Average prices varied noticeably amongst the major exporting countries. In 2019, the country with the highest price was the U.S. ($X per tonne), while Canada totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Canada.

Meat Imports

Imports in Northern America

In 2019, approx. X tonnes of meat were imported in Northern America; declining by -X% against the year before. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. The volume of import peaked at X tonnes in 2015; however, from 2016 to 2019, imports failed to regain the momentum.

In value terms, meat imports expanded to $X in 2019. Total imports indicated perceptible growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. The level of import peaked at $X in 2015; however, from 2016 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, the U.S. (X tonnes) represented the main importer of meat, mixing up X% of total imports. It was distantly followed by Canada (X tonnes), committing a X% share of total imports.

The U.S. experienced a relatively flat trend pattern with regard to volume of imports of meat. Canada experienced a relatively flat trend pattern. The U.S. (+X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported meat in Northern America, comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports.

In the U.S., meat imports increased at an average annual rate of +X% over the period from 2007-2019.

Import Prices by Country

The meat import price in Northern America stood at $X per tonne in 2019, growing by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per tonne in 2014; however, from 2015 to 2019, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2019, the country with the highest price was the U.S. ($X per tonne), while Canada stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for meat in Northern America?
+
The U.S. (23M tonnes) remains the largest meat consuming country in Northern America, comprising approx. 91% of total volume. Moreover, meat consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Canada (2.4M tonnes), tenfold.
What are the largest producers of meat in Northern America?
+
The U.S. (25M tonnes) constituted the country with the largest volume of meat production, comprising approx. 88% of total volume. Moreover, meat production in the U.S. exceeded the figures recorded by the second-largest producer, Canada (3.4M tonnes), sevenfold.
What are the leading exporters of meat in Northern America?
+
In value terms, the U.S. ($11.8B) remains the largest meat supplier in Northern America, comprising 71% of total exports. The second position in the ranking was occupied by Canada ($4.8B), with a 29% share of total exports.
What are the leading importers of meat in Northern America?
+
In value terms, the U.S. ($7.9B) constitutes the largest market for imported meat in Northern America, comprising 85% of total imports. The second position in the ranking was occupied by Canada ($1.4B), with a 15% share of total imports.
What is the average export price for meat in Northern America?
+
In 2019, the meat export price in Northern America amounted to $3,942 per tonne, approximately mirroring the previous year.
What is the average import price for meat in Northern America?
+
In 2019, the meat import price in Northern America amounted to $5,314 per tonne, with an increase of 3.9% against the previous year.

Product coverage:
• FCL 1108 - Meat of asses
• FCL 947 - Buffalo meat
• FCL 1127 - Meat of camels
• FCL 867 - Meat of cattle
• FCL 870 - Meat of cattle, boneless
• FCL 1017 - Goat meat
• FCL 1097 - Horse meat
• FCL 1111 - Meat of mules
• FCL 1158 - Meat of other domestic camelids
• FCL 1151 - Meat of other domestic rodents
• FCL 1035 - Pig meat
• FCL 1141 - Rabbit meat
• FCL 977 - Meat of sheep

This report provides an in-depth analysis of the meat market in Northern America. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Saint Pierre and Miquelon

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Northern America, split by region and country
• Trade (exports and imports) in Northern America
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
PRODUCING ANIMALS AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Canada
• Saint Pierre and Miquelon
• USA
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Producing Animals, By Country, 2007–2019
Table 7:
Yield, By Country, 2007–2019
Table 8:
Imports, In Physical Terms, By Country, 2007–2019
Table 9:
Imports, In Value Terms, By Country, 2007–2019
Table 10:
Import Prices, By Country Of Destination, 2007–2019
Table 11:
Exports, In Physical Terms, By Country, 2007–2019
Table 12:
Exports, In Value Terms, By Country, 2007–2019
Table 13:
Export Prices, By Country Of Origin, 2007–2019
Table 14:
Producer Prices, By Major Producing Country, 2019
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2019
Figure 18:
Production, In Value Terms, 2007–2019
Figure 19:
Producing Animals, 2007–2019
Figure 20:
Yield, 2007–2019
Figure 21:
Production, By Country, 2019
Figure 22:
Production, In Physical Terms, By Country, 2007–2019
Figure 23:
Producing Animals, By Country, 2019
Figure 24:
Producing Animals, By Country, 2007–2019
Figure 25:
Yield, By Country, 2007–2019
Figure 26:
Imports, In Physical Terms, 2007–2019
Figure 27:
Imports, In Value Terms, 2007–2019
Figure 28:
Imports, In Physical Terms, By Country, 2019
Figure 29:
Imports, In Physical Terms, By Country, 2007–2019
Figure 30:
Imports, In Value Terms, By Country, 2007–2019
Figure 31:
Import Prices, By Country, 2007–2019
Figure 32:
Exports, In Physical Terms, 2007–2019
Figure 33:
Exports, In Value Terms, 2007–2019
Figure 34:
Exports, In Physical Terms, By Country, 2019
Figure 35:
Exports, In Physical Terms, By Country, 2007–2019
Figure 36:
Exports, In Value Terms, By Country, 2007–2019
Figure 37:
Export Prices, 2007–2019

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