MERCOSUR: Market for Preparations Used In Animal Feeding 2025

Market Size for Preparations Used In Animal Feeding in MERCOSUR

The MERCOSUR preparations for animal feeding market totaled $X in 2022, approximately equating the previous year. The market value increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Preparations Used In Animal Feeding in MERCOSUR

In value terms, preparations for animal feeding production rose slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.6% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2019 when the production volume increased by 15%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Preparations Used In Animal Feeding

Exports in MERCOSUR

In 2022, shipments abroad of preparations used in animal feeding decreased by -5.9% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2013 when exports increased by 37%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, preparations for animal feeding exports stood at $X in 2022. The total export value increased at an average annual rate of +1.0% 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 2013 when exports increased by 31%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The shipments of the three major exporters of preparations used in animal feeding, namely Brazil, Peru and Argentina, represented more than two-thirds of total export. Ecuador (X tons), Chile (X tons), Uruguay (X tons) and Paraguay (X tons) took a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Paraguay (with a CAGR of +19.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest preparations for animal feeding supplying countries in MERCOSUR were Brazil ($X), Peru ($X) and Argentina ($X), with a combined 86% share of total exports. Chile, Paraguay, Ecuador and Uruguay lagged somewhat behind, together accounting for a further 11%.

Paraguay, with a CAGR of +19.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, picking up by 7.5% against the previous year. Export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preparations for animal feeding export price increased by +94.5% against 2013 indices. The growth pace was the most rapid in 2017 when the export price increased by 22% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+9.8%), while the other leaders experienced more modest paces of growth.

Imports of Preparations Used In Animal Feeding

Imports in MERCOSUR

Preparations for animal feeding imports declined significantly to X tons in 2022, dropping by -25.7% on the previous year's figure. In general, imports continue to indicate a noticeable contraction. The pace of growth was the most pronounced in 2016 with an increase of 23%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, preparations for animal feeding imports reduced slightly to $X in 2022. Total imports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +3.2% 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 +23.1% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 29% against the previous year. As a result, imports attained the peak of $X, and then contracted slightly in the following year.

Imports by Country

In 2022, Chile (X tons) was the largest importer of preparations used in animal feeding, comprising 35% of total imports. It was distantly followed by Brazil (X tons), Colombia (X tons), Ecuador (X tons), Peru (X tons), Uruguay (X tons) and Paraguay (X tons), together creating a 59% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to preparations for animal feeding imports into Chile stood at -7.2%. At the same time, Colombia (+5.2%), Brazil (+4.3%) and Paraguay (+1.4%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +5.2% from 2012-2022. Peru experienced a relatively flat trend pattern. By contrast, Uruguay (-1.3%) and Ecuador (-4.0%) illustrated a downward trend over the same period. Colombia (+7.4 p.p.), Brazil (+7.2 p.p.), Peru (+2.6 p.p.) and Paraguay (+2.5 p.p.) significantly strengthened its position in terms of the total imports, while Chile saw its share reduced by -19.1% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest preparations for animal feeding importing markets in MERCOSUR were Chile ($X), Brazil ($X) and Colombia ($X), together accounting for 66% of total imports.

Among the main importing countries, Colombia, with a CAGR of +9.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per ton, picking up by 28% against the previous year. Over the last decade, it increased at an average annual rate of +6.5%. The pace of growth appeared the most rapid in 2013 an increase of 34% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+9.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform