MERCOSUR: Market for Salted, Dried or Smoked Meat, and Offal 2025

Market Size for Salted, Dried or Smoked Meat, and Offal in MERCOSUR

In 2022, the MERCOSUR market for salted, dried or smoked meat, and offal decreased by -0.8% to $X, falling for the fourth year in a row after two years of growth. The market value increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Salted, Dried or Smoked Meat, and Offal in MERCOSUR

In value terms, production of salted, dried or smoked meat, and offal stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.0% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2018 with an increase of 18%. Over the period under review, production of attained the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Salted, Dried or Smoked Meat, and Offal

Exports in MERCOSUR

In 2022, overseas shipments of salted, dried or smoked meat, and offal increased by 7.3% to X tons, rising for the fourth year in a row after two years of decline. In general, exports, however, recorded a mild downturn. The pace of growth was the most pronounced in 2019 with an increase of 29%. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, exports of salted, dried or smoked meat, and offal soared to $X in 2022. Over the period under review, exports, however, continue to indicate a perceptible setback. The growth pace was the most rapid in 2021 with an increase of 36% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil (X tons) represented roughly 100% of total exports in 2022.

Brazil experienced a relatively flat trend pattern with regard to volume of exports of salted, dried or smoked meat, and offal. Brazil (+8.3 p.p.) significantly strengthened 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) also remains the largest salted, dried or smoked meat, and offal supplier in MERCOSUR.

In Brazil, exports of salted, dried or smoked meat, and offal decreased by an average annual rate of -1.2% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, jumping by 21% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to -0.7% per year.

Imports of Salted, Dried or Smoked Meat, and Offal

Imports in MERCOSUR

In 2022, approx. X tons of salted, dried or smoked meat, and offal were imported in MERCOSUR; waning by -3.7% compared with the previous year. Total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of +5.9% 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 +40.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year. As a result, imports reached the peak of X tons, and then reduced in the following year.

In value terms, imports of salted, dried or smoked meat, and offal declined to $X in 2022. Over the period under review, imports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 46%. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

In 2022, Colombia (X tons), distantly followed by Brazil (X tons), Chile (X tons) and Argentina (X tons) represented the major importers of salted, dried or smoked meat, and offal, together making up 83% of total imports. The following importers - Suriname (X tons), Peru (X tons) and Venezuela (X tons) - together made up 9.9% of total imports.

From 2012 to 2022, the biggest increases were recorded for Colombia (with a CAGR of +20.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Colombia ($X) and Chile ($X) constituted the countries with the highest levels of imports in 2022, together comprising 75% of total imports.

In terms of the main importing countries, Colombia, with a CAGR of +23.1%, recorded the highest growth rate of 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

The import price in MERCOSUR stood at $X per ton in 2022, dropping by -2.5% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2016 when the import price increased by 12%. The level of import peaked at $X per ton in 2021, and then shrank slightly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+2.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform