Colombia: Meat Market 2025

Meat Market Size in Colombia

In 2022, the Colombian meat market increased by X% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption, however, recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Meat Production in Colombia

In value terms, meat production fell to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt downturn. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Meat production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of meat in Colombia reduced modestly to X kg per head, approximately mirroring the previous year's figure. In general, the yield, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the yield increased by X% against the previous year. The meat yield peaked at X kg per head in 2015; however, from 2016 to 2022, the yield remained at a lower figure.

In 2022, the number of animals slaughtered for meat production in Colombia fell to X heads, approximately reflecting the year before. Overall, the number of producing animals, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The number of animals slaughtered for meat production peaked at X heads in 2021, and then contracted modestly in the following year.

Meat Exports

Exports from Colombia

In 2022, after five years of growth, there was significant decline in shipments abroad of meat, when their volume decreased by X% to X tons. Overall, exports, however, showed a prominent increase. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then dropped significantly in the following year.

In value terms, meat exports dropped notably to $X in 2022. In general, exports, however, enjoyed a pronounced increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for meat exports from Colombia, accounting for a X% share of total exports. Moreover, meat exports to Russia exceeded the volume sent to the second major destination, Chile (X tons), threefold. The third position in this ranking was taken by Lebanon (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (X% per year) and Lebanon (X% per year).

In value terms, Russia ($X) remains the key foreign market for meat exports from Colombia, comprising X% of total exports. The second position in the ranking was taken by Chile ($X), with a X% share of total exports. It was followed by Lebanon, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (X% per year) and Lebanon (X% per year).

Export Prices by Country

In 2022, the average meat export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Lebanon ($X per ton), while the average price for exports to Egypt ($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 Jordan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Meat Imports

Imports into Colombia

In 2022, meat imports into Colombia rose sharply to X tons, surging by X% against the previous year. In general, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, meat imports rose markedly to $X in 2022. Overall, imports posted strong growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, the United States (X tons) constituted the largest meat supplier to Colombia, accounting for a X% share of total imports. Moreover, meat imports from the United States exceeded the figures recorded by the second-largest supplier, Chile (X tons), sevenfold. The third position in this ranking was taken by Canada (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (X% per year) and Canada (X% per year).

In value terms, the United States ($X) constituted the largest supplier of meat to Colombia, comprising X% of total imports. The second position in the ranking was taken by Chile ($X), with a X% share of total imports. It was followed by Canada, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (X% per year) and Canada (X% per year).

Import Prices by Country

In 2022, the average meat import price amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per ton) and Chile ($X per ton), while the price for Canada ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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