Bolivia: Beef Market 2020

Beef Market Size in Bolivia

The revenue of the beef market in Bolivia amounted to $X in 2018, picking up by X% against the previous year. Over the period under review, the total market indicated a prominent expansion from 2007 to 2018: its value 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 2018 figures, beef consumption increased by +X% against 2008 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Bolivia beef consumption peaked in 2018 and is likely to continue its growth in the near future.

Beef Production in Bolivia

In value terms, beef production amounted to $X in 2018 estimated in export prices. In general, the total output indicated a resilient expansion from 2007 to 2018: its value 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 2018 figures, beef production increased by +X% against 2007 indices. The pace of growth appeared the most rapid in 2008 when production volume increased by X% year-to-year. Bolivia beef production peaked in 2018 and is likely to continue its growth in the near future.

Beef Exports

Exports from Bolivia

Beef exports from Bolivia amounted to X tons in 2018, growing by X% against the previous year. In general, beef exports continue to indicate a temperate increase. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. In that year, beef exports attained their peak of X tons. From 2014 to 2018, the growth of beef exports remained at a lower figure.

In value terms, beef exports stood at $X in 2018. Overall, beef exports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2013 when exports increased by X% year-to-year. Bolivia exports peaked at $X in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

Exports by Country

The exports of the four major exporters of beef (cattle meat), namely Brazil, India, Australia and the U.S., represented more than third of total export. It was distantly followed by the Netherlands (X tons), comprising a X% share of total exports. New Zealand (X tons), Poland (X tons), Ireland (X tons), Canada (X tons), Argentina (X tons), Germany (X tons) and Uruguay (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, the largest beef markets from Bolivia were the U.S. ($X), Australia ($X) and Brazil ($X), with a combined X% share of total exports. India, the Netherlands, Ireland, New Zealand, Argentina, Canada, Poland, Germany, Uruguay and Bolivia lagged somewhat behind, together accounting for a further X the main exporting countries, India experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The beef export price in Bolivia stood at $X per ton in 2018, jumping by X% against the previous year. Overall, the export price indicated remarkable growth from 2007 to 2018: 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. The growth pace was the most rapid in 2008 an increase of X% year-to-year. Over the period under review, the export prices for beef (cattle meat) reached their peak figure at $X per ton in 2014; however, from 2015 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while India ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced more modest paces of growth.

Beef Imports

Imports into Bolivia

In 2018, approx. X tons of beef (cattle meat) were imported into Bolivia; growing by X% against the previous year. Over the period under review, beef imports, however, continue to indicate a moderate contraction. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. In that year, beef imports attained their peak of X tons. From 2010 to 2018, the growth of beef imports failed to regain its momentum.

In value terms, beef imports stood at $X in 2018. Over the period under review, beef imports, however, continue to indicate a measured increase. The most prominent rate of growth was recorded in 2009 when imports increased by X% y-o-y. In that year, beef imports attained their peak of $X. From 2010 to 2018, the growth of beef imports failed to regain its momentum.

Imports by Country

The countries with the highest levels of beef imports in 2018 were the U.S. (X tons), Vietnam (X tons), China (X tons), Japan (X tons), South Korea (X tons), China, Hong Kong SAR (X tons), the Netherlands (X tons), Italy (X tons), Germany (X tons), Russia (X tons), the UK (X tons) and France (X tons), together recording X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam, while the other leaders experienced more modest paces of growth.

In value terms, the largest beef importing markets into Bolivia were the U.S. ($X), Japan ($X) and China ($X), together comprising X% of total imports. South Korea, Vietnam, Germany, Italy, China, Hong Kong SAR, the Netherlands, the UK, France, Russia and Bolivia lagged somewhat behind, together accounting for a further X terms of the main importing countries, Vietnam recorded the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The beef import price in Bolivia stood at $X per ton in 2018, falling by -X% against the previous year. In general, the import price indicated a remarkable increase from 2007 to 2018: 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 2018 figures, beef import price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010 an increase of X% year-to-year. Bolivia import price peaked at $X per ton in 2014; however, from 2015 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform