MERCOSUR: Preserved Beef Market 2025

Preserved Beef Market Size in MERCOSUR

The MERCOSUR preserved beef market dropped modestly to $X in 2021, approximately reflecting the previous year. Over the period under review, consumption, however, showed a mild setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Preserved Beef Production in MERCOSUR

In value terms, preserved beef production amounted to $X in 2021 estimated in export price. Overall, production, however, recorded a noticeable reduction. The growth pace was the most rapid in 2016 when the production volume increased by 11% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Preserved Beef Exports

Exports in MERCOSUR

After three years of decline, shipments abroad of beef and veal (salted, in brine, dried or smoked) increased by 50% to X tons in 2021. In general, exports, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2017 with an increase of 64%. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, preserved beef exports surged to $X in 2021. Over the period under review, exports, however, faced a deep setback. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Brazil represented the key exporting country with an export of about X tons, which recorded 79% of total exports. It was distantly followed by Uruguay (X tons), committing a 13% share of total exports. The following exporters - Colombia (X tons) and Chile (X tons) - each reached a 7.3% share of total exports.

Exports from Brazil decreased at an average annual rate of -20.6% from 2012 to 2021. At the same time, Colombia (+33.7%) and Chile (+26.5%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +33.7% from 2012-2021. By contrast, Uruguay (-5.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Uruguay, Colombia and Chile increased by +9.7, +3.7 and +3.5 percentage points, respectively.

In value terms, Brazil ($X) remains the largest preserved beef supplier in MERCOSUR, comprising 63% of total exports. The second position in the ranking was held by Uruguay ($X), with a 23% share of total exports. It was followed by Chile, with a 10% share.

In Brazil, preserved beef exports contracted by an average annual rate of -21.3% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Uruguay (-6.3% per year) and Chile (+31.5% per year).

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per ton, falling by -3.9% against the previous year. In general, the export price, however, recorded a modest expansion. The pace of growth was the most pronounced in 2020 when the export price increased by 47% against the previous year. As a result, the export price reached the peak level of $X per ton, and then fell modestly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Chile ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+4.0%), while the other leaders experienced a decline in the export price figures.

Preserved Beef Imports

Imports in MERCOSUR

In 2021, supplies from abroad of beef and veal (salted, in brine, dried or smoked) decreased by -44.7% to X tons, falling for the second year in a row after three years of growth. Over the period under review, imports faced a deep contraction. The most prominent rate of growth was recorded in 2014 when imports increased by 55% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, preserved beef imports reduced markedly to $X in 2021. Overall, imports faced a deep setback. The pace of growth was the most pronounced in 2017 with an increase of 32%. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Suriname represented the largest importer of beef and veal (salted, in brine, dried or smoked) in MERCOSUR, with the volume of imports accounting for X tons, which was approx. 86% of total imports in 2021. It was distantly followed by Guyana (X tons), committing an 11% share of total imports. Colombia (X tons) took a little share of total imports.

Imports into Suriname decreased at an average annual rate of -11.6% from 2012 to 2021. At the same time, Colombia (+4.0%) and Guyana (+1.4%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +4.0% from 2012-2021. Guyana (+7.3 p.p.) significantly strengthened its position in terms of the total imports, while Suriname saw its share reduced by -7.5% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Suriname ($X) constitutes the largest market for imported beef and veal (salted, in brine, dried or smoked) in MERCOSUR, comprising 82% of total imports. The second position in the ranking was held by Colombia ($X), with a 10% share of total imports.

In Suriname, preserved beef imports decreased by an average annual rate of -12.7% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Colombia (+29.2% per year) and Guyana (+1.9% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2021, remaining stable against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 18%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+24.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform