MERCOSUR: Market for Meat Preparations of Poultry 2024

Market Size for Meat Preparations of Poultry in MERCOSUR

The MERCOSUR meat preparations of poultry market rose to $X in 2023, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market remained at a lower figure.

Production of Meat Preparations of Poultry in MERCOSUR

In value terms, meat preparations of poultry production expanded modestly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, production growth remained at a lower figure.

Exports of Meat Preparations of Poultry

Exports in MERCOSUR

In 2023, shipments abroad of meat preparations of poultry decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, exports recorded a noticeable decrease. The most prominent rate of growth was recorded in 2022 when exports increased by X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, meat preparations of poultry exports fell slightly to $X in 2023. Overall, exports recorded a noticeable slump. The most prominent rate of growth was recorded in 2022 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

Brazil dominates exports structure, reaching X tons, which was near X% of total exports in 2023. It was distantly followed by Chile (X tons), creating a X% share of total exports. Argentina (X tons) followed a long way behind the leaders.

Brazil was also the fastest-growing in terms of the meat preparations of poultry exports, with a CAGR of X% from 2012 to 2023. Argentina (X%) and Chile (X%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

In Brazil, meat preparations of poultry exports shrank by an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (X% per year) and Argentina (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2023, growing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2022 when the export price increased by X%. The level of export peaked in 2023 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while Chile ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Chile (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Meat Preparations of Poultry

Imports in MERCOSUR

In 2023, supplies from abroad of meat preparations of poultry decreased by X% to X tons for the first time since 2019, thus ending a three-year rising trend. Total imports indicated modest growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2022 when imports increased by X%. As a result, imports reached the peak of X tons, and then shrank dramatically in the following year.

In value terms, meat preparations of poultry imports reduced modestly to $X in 2023. Overall, imports, however, posted a temperate expansion. The most prominent rate of growth was recorded in 2022 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

The countries with the highest levels of meat preparations of poultry imports in 2023 were Chile (X tons), Venezuela (X tons), Colombia (X tons) and Uruguay (X tons), together finishing at X% of total import. It was distantly followed by Argentina (X tons), generating an X% share of total imports. The following importers - Brazil (X tons) and Paraguay (X tons) - together made up X% of total imports.

From 2012 to 2023, 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, the largest meat preparations of poultry importing markets in MERCOSUR were Chile ($X), Colombia ($X) and Uruguay ($X), together comprising X% of total imports. Argentina, Venezuela, Brazil and Paraguay lagged somewhat behind, together accounting for a further X%.

Brazil, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in MERCOSUR amounted to $X per ton, picking up by X% against the previous year. Import price indicated a measured increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, meat preparations of poultry import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of import peaked in 2023 and is expected to retain growth in the immediate term.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform