Latin America and the Caribbean: Poultry Offal Market 2020

Poultry Offal Market Size in Latin America and the Caribbean

The revenue of the poultry offal market in Latin America and the Caribbean amounted to $X in 2017, picking up by X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2010, when market value increased by X% year-to-year. Over the period under review, the poultry offal market attained its maximum level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Poultry Offal Production in Latin America and the Caribbean

In 2017, production of fresh or chilled or frozen poultry offal in Latin America and the Caribbean totaled X tons, remaining relatively unchanged against the previous year. The poultry offal production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, when it surged by X% against the previous year. The volume of poultry offal production peaked in 2017, and is expected to retain its growth in the immediate term.

Poultry Offal Exports in Latin America and the Caribbean

The exports amounted to X tons in 2017, surging by X% against the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The growth pace was the most rapid in 2015, with an increase of X% y-o-y. The volume of exports peaked in 2017, and are likely to see steady growth in the near future.

In value terms, poultry offal exports totaled $X in 2017. The total exports indicated a prominent growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the poultry offal exports increased by +X% against 2015 indices. Over the period under review, the poultry offal exports attained its maximum level in 2017, and are expected to retain its growth in the immediate term.

Poultry Offal Exports by Country in Latin America and the Caribbean

Brazil prevails in poultry offal exports structure, amounting to X tons, which was near X% of total exports in 2017. It was distantly followed by Chile (X tons), achieving X% share of total exports. Argentina (X tons) followed a long way behind the leaders.

Exports from Brazil increased at an average annual rate of +X% from 2007 to 2017. At the same time, Chile (+X%) and Argentina (+X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. While the share of Chile (-X%) and Brazil (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest poultry offal supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Chile ($X), with a X% share of global exports. It was followed by Argentina, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Brazil stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (+X% per year) and Argentina (+X% per year).

Poultry Offal Export Prices by Country in Latin America and the Caribbean

The poultry offal export price in Latin America and the Caribbean stood at $X per ton in 2017, surging by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, an increase of X% y-o-y. Over the period under review, the export prices for fresh or chilled or frozen poultry offal reached its peak figure level of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Chile ($X per ton) and Brazil ($X per ton), while Argentina ($X per ton) and Brazil ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Chile (+X% per year), while the other leaders experienced more modest paces of growth.

Poultry Offal Imports in Latin America and the Caribbean

In 2017, imports of fresh or chilled or frozen poultry offal in Latin America and the Caribbean stood at X tons, going down by -X% against the previous year. The total imports indicated a prominent increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the poultry offal imports increased by +X% against 2007 indices. The pace of growth appeared the most rapid in 2010, with an increase of X% year-to-year. The volume of imports peaked of X tons in 2016, and then declined slightly in the following year.

In value terms, poultry offal imports amounted to $X in 2017. The total imports indicated a remarkable increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the poultry offal imports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Poultry Offal Imports by Country in Latin America and the Caribbean

Mexico dominates poultry offal imports structure, reaching X tons, which was near X% of total imports in 2017. Guatemala (X tons) held the second position in the ranking, followed by Chile (X tons). All these countries together occupied near X% share of total imports. The following importers - Peru (X tons), the Dominican Republic (X tons), Panama (X tons), Jamaica (X tons), Costa Rica (X tons) and Bahamas (X tons) together made up X% of total imports.

Imports into Mexico increased at an average annual rate of +X% from 2007 to 2017. At the same time, Costa Rica (+X%), Chile (+X%), Peru (+X%), the Dominican Republic (+X%), Panama (+X%), Guatemala (+X%), Bahamas (+X%) and Jamaica (+X%) displayed positive paces of growth. Moreover, Costa Rica emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. While the share of the Dominican Republic (-X%), Peru (-X%), Guatemala (-X%), Chile (-X%) and Mexico (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported fresh or chilled or frozen poultry offal in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Chile ($X), with a X% share of global imports. It was followed by Guatemala, with a X% share.

In Mexico, poultry offal imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Chile (+X% per year) and Guatemala (+X% per year).

Poultry Offal Import Prices by Country in Latin America and the Caribbean

The poultry offal import price in Latin America and the Caribbean stood at $X per ton in 2017, going up by X% against the previous year. The poultry offal import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017, when the import prices increased by X% y-o-y. Over the period under review, the import prices for fresh or chilled or frozen poultry offal attained its maximum level of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Bahamas ($X per ton), while Panama ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Guatemala (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform