Brazil: Meat-Preparation Industrial Machinery Market 2024

Meat-Preparation Industrial Machinery Market Size in Brazil

In 2022, the Brazilian meat-preparation industrial machinery market decreased by -8% to $X, falling for the second year in a row after four years of growth. In general, consumption, however, saw a tangible expansion. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Meat-Preparation Industrial Machinery Production in Brazil

In value terms, meat-preparation industrial machinery production stood at $X in 2022 estimated in export price. In general, production continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of 68% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Meat-Preparation Industrial Machinery Exports

Exports from Brazil

In 2022, approx. X units of industrial machinery for the preparation of meat or poultry were exported from Brazil; picking up by 78% on the previous year. Over the period under review, exports posted a buoyant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 87%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, meat-preparation industrial machinery exports soared to $X in 2022. In general, exports posted a measured increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Paraguay (X units) was the main destination for meat-preparation industrial machinery exports from Brazil, accounting for a 37% share of total exports. Moreover, meat-preparation industrial machinery exports to Paraguay exceeded the volume sent to the second major destination, Bolivia (X units), twofold. The United States (X units) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Paraguay amounted to +22.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+27.3% per year) and the United States (+30.3% per year).

In value terms, Paraguay ($X), Bolivia ($X) and Angola ($X) constituted the largest markets for meat-preparation industrial machinery exported from Brazil worldwide, with a combined 49% share of total exports. The United States, Canada, Australia, Venezuela and the Netherlands lagged somewhat behind, together comprising a further 15%.

Among the main countries of destination, the Netherlands, with a CAGR of +35.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average meat-preparation industrial machinery export price stood at $X per unit in 2022, with a decrease of -10.8% against the previous year. Overall, the export price faced a abrupt curtailment. The growth pace was the most rapid in 2018 when the average export price increased by 31% against the previous year. The export price peaked at $X per unit 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($X per unit), while the average price for exports to Australia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Meat-Preparation Industrial Machinery Imports

Imports into Brazil

In 2022, after three years of growth, there was significant decline in purchases abroad of industrial machinery for the preparation of meat or poultry, when their volume decreased by -7.3% to X units. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 30% against the previous year. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, meat-preparation industrial machinery imports soared to $X in 2022. Overall, imports continue to indicate a slight decline. The pace of growth was the most pronounced in 2015 with an increase of 116% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Italy (X units), Germany (X units) and the United States (X units) were the main suppliers of meat-preparation industrial machinery imports to Brazil, with a combined 84% share of total imports. The Netherlands, the UK, Spain, Argentina and Japan lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +42.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest meat-preparation industrial machinery suppliers to Brazil were the Netherlands ($X), Germany ($X) and the United States ($X), together accounting for 77% of total imports. Japan, Italy, Spain, the UK and Argentina lagged somewhat behind, together comprising a further 15%.

In terms of the main suppliers, the UK, with a CAGR of +37.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average meat-preparation industrial machinery import price amounted to $X per unit, surging by 87% against the previous year. Overall, the import price continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2015 when the average import price increased by 108% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+20.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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