Latin America and the Caribbean: Market for Horse, Mule and Donkey Meat 2024

Market Size for Horse, Mule and Donkey Meat in Latin America and the Caribbean

In 2022, after two years of growth, there was decline in the Latin American market for horse, mule and donkey meat, when its value decreased by X% to $X. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Horse, Mule and Donkey Meat in Latin America and the Caribbean

In value terms, horse, mule and donkey meat production amounted to $X in 2022 estimated in export price. In general, production saw a slight decrease. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Mexico (X tons) remains the largest horse, mule and donkey meat producing country in Latin America and the Caribbean, comprising approx. X% of total volume. Moreover, horse, mule and donkey meat production in Mexico exceeded the figures recorded by the second-largest producer, Brazil (X tons), threefold. The third position in this ranking was taken by Argentina (X tons), with a X% share.

In Mexico, horse, mule and donkey meat production plunged by an average annual rate of X% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Brazil (X% per year) and Argentina (X% per year).

In 2022, the average yield of horse, mule and donkey meat in Latin America and the Caribbean shrank modestly to X kg per head, standing approx. at 2021. Overall, the yield, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the yield reached the peak level of X kg per head, and then fell modestly in the following year.

The global number of animals slaughtered for horse, mule and donkey meat production shrank modestly to X heads in 2022, which is down by X% on 2021 figures. Overall, the number of producing animals recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the number of producing animals increased by X% against the previous year. Over the period under review, this number attained the peak level at X heads in 2012; afterwards, it flattened through to 2022.

Exports of Horse, Mule and Donkey Meat

Exports in Latin America and the Caribbean

In 2022, the amount of horse, mule and donkey meat exported in Latin America and the Caribbean contracted to X tons, dropping by X% on the year before. Overall, exports showed a deep setback. The pace of growth was the most pronounced 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, horse, mule and donkey meat exports declined to $X in 2022. Over the period under review, exports saw a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Argentina (X tons) and Uruguay (X tons) were the major exporters of horse, mule and donkey meat in Latin America and the Caribbean, together amounting to approx. X% of total exports. It was distantly followed by Brazil (X tons), achieving a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Brazil (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Argentina ($X), Uruguay ($X) and Brazil ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports.

Brazil, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, 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 Brazil (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Horse, Mule and Donkey Meat

Imports in Latin America and the Caribbean

In 2022, purchases abroad of horse, mule and donkey meat decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, imports showed a abrupt setback. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, horse, mule and donkey meat imports reduced markedly to $X in 2022. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Venezuela represented the key importing country with an import of about X tons, which reached X% of total imports. It was distantly followed by Jamaica (X tons) and Nicaragua (X tons), together mixing up an X% share of total imports.

Imports into Venezuela decreased at an average annual rate of X% from 2012 to 2022. Nicaragua experienced a relatively flat trend pattern. Jamaica (X%) illustrated a downward trend over the same period. Venezuela (X p.p.) and Nicaragua (X p.p.) significantly strengthened its position in terms of the total imports, while Jamaica saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Venezuela ($X) constitutes the largest market for imported horse, mule and donkey meat in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Jamaica ($X), with a X% share of total imports.

In Venezuela, horse, mule and donkey meat imports contracted by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Jamaica (X% per year) and Nicaragua (X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the import price, however, showed a mild decline. The pace of growth appeared the most rapid in 2017 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :