MERCOSUR: Meat-Preparation Industrial Machinery Market 2024

Meat-Preparation Industrial Machinery Market Size in MERCOSUR

The MERCOSUR meat-preparation industrial machinery market expanded notably to $X in 2022, rising by 12% against the previous year. In general, consumption recorded a perceptible increase. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in years to come.

Meat-Preparation Industrial Machinery Production in MERCOSUR

In value terms, meat-preparation industrial machinery production expanded sharply to $X in 2022 estimated in export price. In general, production recorded a remarkable increase. The most prominent rate of growth was recorded in 2019 with an increase of 156% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Meat-Preparation Industrial Machinery Exports

Exports in MERCOSUR

In 2022, approx. X units of industrial machinery for the preparation of meat or poultry were exported in MERCOSUR; surging by 77% compared with the previous year. Overall, exports enjoyed a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, meat-preparation industrial machinery exports skyrocketed to $X in 2022. Total exports indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of +1.9% 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 +70.3% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Brazil prevails in exports structure, resulting at X units, which was approx. 96% of total exports in 2022. Colombia (X units) followed a long way behind the leaders.

Brazil was also the fastest-growing in terms of the industrial machinery for the preparation of meat or poultry exports, with a CAGR of +16.9% from 2012 to 2022. At the same time, Colombia (+16.5%) displayed positive paces of growth. From 2012 to 2022, the share of Brazil increased by +24 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest meat-preparation industrial machinery supplier in MERCOSUR, comprising 85% of total exports. The second position in the ranking was taken by Colombia ($X), with a 5% share of total exports.

In Brazil, meat-preparation industrial machinery exports increased at an average annual rate of +4.2% over the period from 2012-2022.

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, declining by -15.1% against the previous year. Overall, the export price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2018 an increase of 31% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Colombia ($X per unit), while Brazil stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-10.9%).

Meat-Preparation Industrial Machinery Imports

Imports in MERCOSUR

In 2022, overseas purchases of industrial machinery for the preparation of meat or poultry increased by 17% to X units, rising for the second year in a row after two years of decline. Total imports indicated a modest increase from 2012 to 2022: its volume increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.2% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of 33%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, meat-preparation industrial machinery imports soared to $X in 2022. Over the period under review, imports, however, saw a noticeable slump. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Chile (X units) was the main importer of industrial machinery for the preparation of meat or poultry, creating 41% of total imports. Argentina (X units) held the second position in the ranking, distantly followed by Colombia (X units), Ecuador (X units), Brazil (X units), Peru (X units) and Uruguay (X units). All these countries together held approx. 54% share of total imports.

Imports into Chile increased at an average annual rate of +8.8% from 2012 to 2022. At the same time, Ecuador (+20.1%), Argentina (+4.6%), Peru (+4.5%), Colombia (+4.3%) and Uruguay (+1.7%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +20.1% from 2012-2022. By contrast, Brazil (-12.5%) illustrated a downward trend over the same period. While the share of Chile (+20 p.p.), Ecuador (+6.7 p.p.), Argentina (+4.2 p.p.) and Colombia (+2.2 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Brazil (-24.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported industrial machinery for the preparation of meat or poultry in MERCOSUR, comprising 54% of total imports. The second position in the ranking was taken by Argentina ($X), with a 12% share of total imports. It was followed by Chile, with a 12% share.

In Brazil, meat-preparation industrial machinery imports decreased by an average annual rate of -1.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Argentina (+0.9% per year) and Chile (+3.7% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2022, growing by 22% against the previous year. Over the period under review, the import price, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2015 when the import price increased by 67%. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per unit), while Chile ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+12.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform