Latin America and the Caribbean: Meat And Poultry Market 2025

Meat And Poultry Market Size in Latin America and the Caribbean

The Latin American meat and poultry market dropped to $X in 2022, remaining relatively unchanged against the previous year. Overall, consumption saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Meat And Poultry Production in Latin America and the Caribbean

In value terms, meat and poultry production declined modestly to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Brazil (X tons) constituted the country with the largest volume of meat and poultry production, accounting for X% of total volume. Moreover, meat and poultry production in Brazil exceeded the figures recorded by the second-largest producer, Mexico (X tons), fourfold. Argentina (X tons) ranked third in terms of total production with an X% share.

In Brazil, meat and poultry production expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Mexico (X% per year) and Argentina (X% per year).

The average meat and poultry yield reached X kg per head in 2022, remaining constant against the previous year's figure. Over the period under review, the yield, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the yield increased by X%. The level of yield peaked at X kg per head in 2018; however, from 2019 to 2022, the yield failed to regain momentum.

In 2022, approx. X heads of animals slaughtered for meat and poultry production in Latin America and the Caribbean; flattening at the previous year. This number increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the number of producing animals increased by X%. Over the period under review, this number hit record highs at X heads in 2021, and then reduced modestly in the following year.

Meat And Poultry Exports

Exports in Latin America and the Caribbean

For the eleventh year in a row, LatAmerica and the Caribbean recorded growth in overseas shipments of meat and poultry, which increased by X% to X tons in 2022. Total exports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2012 indices. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, meat and poultry exports skyrocketed to $X in 2022. Total exports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

Brazil dominates exports structure, recording X tons, which was approx. X% of total exports in 2022. Argentina (X tons) held the second position in the ranking, followed by Mexico (X tons). All these countries together took approx. X% share of total exports. The following exporters - Uruguay (X tons), Chile (X tons) and Paraguay (X tons) - together made up X% of total exports.

Exports from Brazil increased at an average annual rate of X% from 2012 to 2022. At the same time, Mexico (X%), Paraguay (X%), Argentina (X%), Chile (X%) and Uruguay (X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. Brazil (X p.p.) significantly weakened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest meat and poultry supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Argentina ($X), with a X% share of total exports. It was followed by Mexico, with a X% share.

In Brazil, meat and poultry exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Argentina (X% per year) and Mexico (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($X per ton), while Brazil ($X per ton) was amongst the lowest.

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

Meat And Poultry Imports

Imports in Latin America and the Caribbean

In 2022, overseas purchases of meat and poultry increased by X% to X tons, rising for the second year in a row after three years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by X%. The volume of import peaked in 2022 and is likely to continue growth in years to come.

In value terms, meat and poultry imports rose sharply to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.

Imports by Country

Mexico represented the largest importer of meat and poultry in Latin America and the Caribbean, with the volume of imports amounting to X tons, which was near X% of total imports in 2022. Chile (X tons) held the second position in the ranking, followed by Cuba (X tons) and Saint Lucia (X tons). All these countries together took approx. X% share of total imports. Colombia (X tons), Guatemala (X tons), the Dominican Republic (X tons), Haiti (X tons), Puerto Rico (X tons), Peru (X tons) and Uruguay (X tons) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to meat and poultry imports into Mexico stood at X%. At the same time, the Dominican Republic (X%), Uruguay (X%), Colombia (X%), Peru (X%), Chile (X%), Guatemala (X%), Cuba (X%) and Haiti (X%) displayed positive paces of growth. Moreover, the Dominican Republic emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. Puerto Rico experienced a relatively flat trend pattern. By contrast, Saint Lucia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Chile, Mexico, the Dominican Republic, Colombia and Cuba increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported meat and poultry in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Chile ($X), with an X% share of total imports. It was followed by Puerto Rico, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Mexico amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Chile (X% per year) and Puerto Rico (X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Puerto Rico ($X per ton), while Haiti ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :