MERCOSUR: Market for Prepared Or Preserved Shoulders And Cuts Of Swine Meat 2024

Market Size for Prepared Or Preserved Shoulders And Cuts Of Swine Meat in MERCOSUR

In 2023, after two years of decline, there was growth in the MERCOSUR preserved swine meat cut market, when its value increased by X% to $X. Overall, consumption continues to indicate a slight reduction. As a result, consumption attained the peak level of $X. From 2015 to 2023, the growth of the market remained at a lower figure.

Production of Prepared Or Preserved Shoulders And Cuts Of Swine Meat in MERCOSUR

In value terms, preserved swine meat cut production dropped modestly to $X in 2023 estimated in export price. Over the period under review, production saw a mild curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2023, production growth remained at a lower figure.

Exports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Exports in MERCOSUR

In 2023, after six years of growth, there was significant decline in shipments abroad of prepared or preserved shoulders and cuts of swine meat, when their volume decreased by X% to X tons. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2022, and then contracted sharply in the following year.

In value terms, preserved swine meat cut exports skyrocketed to $X in 2023. Overall, exports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2023 and are likely to see gradual growth in years to come.

Exports by Country

Chile dominates exports structure, reaching X tons, which was approx. X% of total exports in 2023. It was distantly followed by Brazil (X tons), creating a X% share of total exports.

Chile was also the fastest-growing in terms of the prepared or preserved shoulders and cuts of swine meat exports, with a CAGR of X% from 2012 to 2023. Brazil (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Chile increased by X percentage points.

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

From 2012 to 2023, the average annual growth rate of value in Chile totaled X%.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2023, surging by X% against the previous year. Export price indicated buoyant growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Chile ($X per ton), while Brazil totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Chile (X%).

Imports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Imports in MERCOSUR

In 2023, overseas purchases of prepared or preserved shoulders and cuts of swine meat decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, preserved swine meat cut imports plummeted to $X in 2023. In general, imports showed a pronounced setback. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports remained at a lower figure.

Imports by Country

Chile represented the key importer of prepared or preserved shoulders and cuts of swine meat in MERCOSUR, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2023. Uruguay (X tons) ranks second in terms of the total imports with a X% share, followed by Paraguay (X%).

Chile was also the fastest-growing in terms of the prepared or preserved shoulders and cuts of swine meat imports, with a CAGR of X% from 2012 to 2023. Uruguay (X%) and Paraguay (X%) illustrated a downward trend over the same period. Chile (X p.p.) significantly strengthened its position in terms of the total imports, while Paraguay and Uruguay saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, Chile ($X) constitutes the largest market for imported prepared or preserved shoulders and cuts of swine meat in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Uruguay ($X), with a X% share of total imports.

In Chile, preserved swine meat cut imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Uruguay (X% per year) and Paraguay (X% per year).

Import Prices by Country

In 2023, the import price in MERCOSUR amounted to $X per ton, growing by X% against the previous year. Import price indicated prominent growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, preserved swine meat cut import price increased by X% against 2019 indices. 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 attained the peak figure in 2023 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Chile ($X per ton), while Uruguay ($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 import price figures.

Source: IndexBox Platform