Brazil: Meat Dishes Market 2024

Meat Dishes Market Size in Brazil

The Brazilian meat dishes market declined slightly to $X in 2022, shrinking by -2.3% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Meat dishes consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Meat Dishes Production in Brazil

In value terms, meat dishes production reduced to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by 15% against the previous year. Meat dishes production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Meat Dishes Exports

Exports from Brazil

In 2022, shipments abroad of meat dishes increased by 7.3% to X tons, rising for the third year in a row after three years of decline. In general, exports, however, continue to indicate a slight slump. The pace of growth was the most pronounced in 2021 when exports increased by 15%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, meat dishes exports rose markedly to $X in 2022. Overall, exports, however, recorded a mild descent. The pace of growth appeared the most rapid in 2021 with an increase of 28%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X tons), Venezuela (X tons) and the United States (X tons) were the main destinations of meat dishes exports from Brazil, with a combined 39% share of total exports. Angola, the Netherlands, Japan, Democratic Republic of the Congo, Ghana, Chile, Nigeria, Paraguay, Germany and Cuba lagged somewhat behind, together comprising a further 35%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nigeria (with a CAGR of +39.1%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the UK ($X) and the Netherlands ($X) appeared to be the largest markets for meat dishes exported from Brazil worldwide, with a combined 59% share of total exports. Venezuela, Angola, Japan, Chile, Germany, Democratic Republic of the Congo, Ghana, Paraguay, Nigeria and Cuba lagged somewhat behind, together accounting for a further 21%.

Among the main countries of destination, Venezuela, with a CAGR of +36.0%, recorded the highest rates of growth with regard to 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 dishes export price stood at $X per ton in 2022, picking up by 2.5% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 11%. The export price peaked in 2022 and is expected to retain growth in the near future.

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 the United States ($X per ton), while the average price for exports to Angola ($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 Germany (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Meat Dishes Imports

Imports into Brazil

In 2022, the amount of meat dishes imported into Brazil dropped remarkably to X tons, shrinking by -32% compared with 2021. In general, imports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2020 when imports increased by 128% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, meat dishes imports reduced remarkably to $X in 2022. Over the period under review, imports saw a pronounced contraction. The growth pace was the most rapid in 2020 with an increase of 73%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Italy (X tons), Spain (X tons) and Argentina (X tons) were the main suppliers of meat dishes imports to Brazil, with a combined 94% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +16.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Spain ($X) and Argentina ($X) appeared to be the largest meat dishes suppliers to Brazil, with a combined 94% share of total imports.

Italy, with a CAGR of +14.8%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average meat dishes import price amounted to $X per ton, falling by -6.6% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 78%. As a result, import price reached the peak level of $X per ton, and then fell in the following year.

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 Portugal ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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