Latin America and the Caribbean: Rabbit Meat Market 2025

Rabbit Meat Market Size in Latin America and the Caribbean

The Latin American rabbit meat market stood at $X in 2022, picking up by 1.8% against the previous year. Overall, consumption, however, continues to indicate a mild slump. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Rabbit Meat Production in Latin America and the Caribbean

In value terms, rabbit meat production shrank to $X in 2022 estimated in export price. In general, production recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2016 with an increase of 29%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Mexico (X tons), Peru (X tons) and Colombia (X tons), together comprising 71% of total production. Argentina, Brazil, Ecuador and Uruguay lagged somewhat behind, together comprising a further 25%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Ecuador (with a CAGR of +0.5%), while production for the other leaders experienced more modest paces of growth.

The average rabbit meat yield fell to X kg per head in 2022, waning by -2.9% compared with the previous year's figure. Overall, the yield saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the yield increased by 6%. Over the period under review, the rabbit meat yield attained the maximum level at X kg per head in 2015; however, from 2016 to 2022, the yield failed to regain momentum.

The global number of animals slaughtered for rabbit meat production rose modestly to X heads in 2022, surging by 2.9% on 2021 figures. Overall, the number of producing animals, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the number of producing animals increased by 3%. The level of producing animals peaked at X heads in 2012; however, from 2013 to 2022, producing animals failed to regain momentum.

Rabbit Meat Exports

Exports in Latin America and the Caribbean

Rabbit meat exports declined remarkably to X tons in 2022, reducing by -27.3% compared with the year before. Over the period under review, exports saw a deep reduction. The growth pace was the most rapid in 2021 when exports increased by 181% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, rabbit meat exports shrank rapidly to $X in 2022. In general, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 159% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Argentina prevails in exports structure, accounting for X tons, which was near 90% of total exports in 2022. It was distantly followed by Uruguay (X tons), mixing up a 7.8% share of total exports. Chile (X tons) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to rabbit meat exports from Argentina stood at -7.7%. Chile (-4.8%) and Uruguay (-10.6%) illustrated a downward trend over the same period. While the share of Argentina (+2.2 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Uruguay (-2.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Argentina ($X) remains the largest rabbit meat supplier in Latin America and the Caribbean, comprising 84% of total exports. The second position in the ranking was held by Uruguay ($X), with an 11% share of total exports.

In Argentina, rabbit meat exports decreased by an average annual rate of -13.3% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Uruguay (-11.7% per year) and Chile (-6.6% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, declining by -47.4% against the previous year. In general, the export price showed a abrupt decline. The growth pace was the most rapid in 2015 when the export price increased by 8.2% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Chile ($X per ton), while Argentina ($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 (-1.2%), while the other leaders experienced a decline in the export price figures.

Rabbit Meat Imports

Imports in Latin America and the Caribbean

In 2022, purchases abroad of rabbit or hare meat increased by 32% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2014 with an increase of 44% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, rabbit meat imports declined markedly to $X in 2022. Overall, imports, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2021 when imports increased by 72% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Puerto Rico represented the largest importer of rabbit or hare meat in Latin America and the Caribbean, with the volume of imports resulting at X tons, which was near 52% of total imports in 2022. It was distantly followed by Mexico (X tons), Uruguay (X tons) and Brazil (X tons), together generating a 42% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to rabbit meat imports into Puerto Rico stood at +19.0%. At the same time, Uruguay (+41.2%) displayed positive paces of growth. Moreover, Uruguay emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +41.2% from 2012-2022. By contrast, Brazil (-9.5%) and Mexico (-23.3%) illustrated a downward trend over the same period. Puerto Rico (+51 p.p.), Uruguay (+14 p.p.) and Brazil (+3 p.p.) significantly strengthened its position in terms of the total imports, while Mexico saw its share reduced by -26% from 2012 to 2022, respectively.

In value terms, the largest rabbit meat importing markets in Latin America and the Caribbean were Puerto Rico ($X), Uruguay ($X) and Mexico ($X), with a combined 74% share of total imports.

Uruguay, with a CAGR of +40.4%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, dropping by -38.6% against the previous year. In general, the import price, however, enjoyed a moderate expansion. The pace of growth appeared the most rapid in 2021 an increase of 97%. As a result, import price reached the peak level of $X per ton, and then dropped significantly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+0.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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