Brazil: Fresh Beef Carcase Market 2025

Fresh Beef Carcase Market Size in Brazil

The Brazilian fresh beef carcase market shrank slightly to $X in 2022, with a decrease of -3.7% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Fresh Beef Carcase Production in Brazil

In value terms, fresh beef carcase production reduced slightly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 11% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Fresh Beef Carcase Exports

Exports from Brazil

In 2022, the amount of fresh or chilled carcases of beef and veal exported from Brazil dropped significantly to X tons, which is down by -33.5% against the previous year's figure. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 2,345%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, fresh beef carcase exports shrank remarkably to $X in 2022. Overall, exports, however, showed significant growth. The pace of growth was the most pronounced in 2013 when exports increased by 1,442% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Egypt (X tons) was the main destination for fresh beef carcase exports from Brazil, accounting for a 45% share of total exports. Moreover, fresh beef carcase exports to Egypt exceeded the volume sent to the second major destination, Hong Kong SAR (X tons), twofold. The third position in this ranking was taken by Panama (X tons), with a 9.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Egypt stood at +38.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+49.5% per year) and Panama (+123.8% per year).

In value terms, Egypt ($X) remains the key foreign market for fresh or chilled carcases of beef and veal exports from Brazil, comprising 41% of total exports. The second position in the ranking was taken by Panama ($X), with a 13% share of total exports. It was followed by Marshall Islands, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to Egypt amounted to +37.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (+154.4% per year) and Marshall Islands (+125.8% per year).

Export Prices by Country

In 2022, the average fresh beef carcase export price amounted to $X per ton, growing by 9.7% against the previous year. In general, the export price, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2019 when the average export price increased by 52%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Marshall Islands ($X per ton), while the average price for exports to Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+37.5%), while the prices for the other major destinations experienced more modest paces of growth.

Fresh Beef Carcase Imports

Imports into Brazil

In 2022, fresh beef carcase imports into Brazil shrank remarkably to X tons, dropping by -19.1% against 2021. Over the period under review, imports recorded a dramatic setback. The growth pace was the most rapid in 2014 with an increase of 8.4% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, fresh beef carcase imports fell to $X in 2022. In general, imports saw a dramatic contraction. The most prominent rate of growth was recorded in 2014 with an increase of 18%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Uruguay (X tons) was the main supplier of fresh beef carcase to Brazil, accounting for a approx. 98% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Uruguay totaled -29.0%.

In value terms, Uruguay ($X) constituted the largest supplier of fresh or chilled carcases of beef and veal to Brazil.

From 2012 to 2022, the average annual rate of growth in terms of value from Uruguay stood at -26.0%.

Import Prices by Country

In 2022, the average fresh beef carcase import price amounted to $X per ton, picking up by 6.4% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fresh beef carcase import price increased by +57.2% against 2016 indices. The most prominent rate of growth was recorded in 2019 an increase of 13%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for Uruguay.

From 2012 to 2022, the rate of growth in terms of prices for Uruguay amounted to +4.3% per year.

Source: IndexBox Platform

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