MERCOSUR: Market for Sheep And Goat Meat 2025

Market Size for Sheep And Goat Meat in MERCOSUR

The MERCOSUR sheep and goat meat market was estimated at $X in 2022, leveling off at the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X; afterwards, it flattened through to 2022.

Production of Sheep And Goat Meat in MERCOSUR

In value terms, sheep and goat meat production reached $X in 2022 estimated in export price. Over the period under review, production posted a strong increase. The growth pace was the most rapid in 2015 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Brazil (X tons) remains the largest sheep and goat meat producing country in MERCOSUR, comprising approx. X% of total volume. Moreover, sheep and goat meat production in Brazil exceeded the figures recorded by the second-largest producer, Argentina (X tons), twofold. Uruguay (X tons) ranked third in terms of total production with a X% share.

In Brazil, sheep and goat meat production increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Argentina (X% per year) and Uruguay (X% per year).

In 2022, the average yield of sheep and goat meat in MERCOSUR expanded significantly to X kg per head, with an increase of X% against the previous year's figure. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the yield attained the peak level and is likely to continue growth in the immediate term.

In 2022, the number of animals slaughtered for sheep and goat meat production in MERCOSUR reduced slightly to X heads, standing approx. at 2021. Overall, the number of producing animals showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the number of producing animals increased by X% against the previous year. Over the period under review, this number reached the maximum level at X heads in 2021, and then shrank slightly in the following year.

Exports of Sheep And Goat Meat

Exports in MERCOSUR

After three years of decline, overseas shipments of sheep and goat meat increased by X% to X tons in 2022. In general, 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, sheep and goat meat exports surged to $X in 2022. Total exports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Uruguay represented the major exporting country with an export of around X tons, which recorded X% of total exports. It was distantly followed by Chile (X tons), achieving a X% share of total exports. Argentina (X tons) followed a long way behind the leaders.

Uruguay was also the fastest-growing in terms of the sheep and goat meat exports, with a CAGR of X% from 2012 to 2022. At the same time, Chile (X%) displayed positive paces of growth. By contrast, Argentina (X%) illustrated a downward trend over the same period. While the share of Uruguay (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Chile (X p.p.) and Argentina (X p.p.) displayed negative dynamics.

In value terms, Uruguay ($X) remains the largest sheep and goat meat supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Chile ($X), with a X% share of total exports.

In Uruguay, sheep and goat meat exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Chile (X% per year) and Argentina (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the export price recorded a perceptible decline. The pace of growth was the most pronounced in 2021 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank rapidly in the following year.

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 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 (X%), while the other leaders experienced a decline in the export price figures.

Imports of Sheep And Goat Meat

Imports in MERCOSUR

In 2022, overseas purchases of sheep and goat meat increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. Overall, imports, however, continue to indicate a perceptible descent. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, sheep and goat meat imports skyrocketed to $X in 2022. In general, imports, however, showed a mild shrinkage. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Brazil prevails in imports structure, reaching X tons, which was near X% of total imports in 2022. Chile (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to sheep and goat meat imports into Brazil stood at X%. At the same time, Chile (X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported sheep and goat meat in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Chile ($X), with a X% share of total imports.

In Brazil, sheep and goat meat imports contracted by an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per ton), while Chile amounted to $X per ton.

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

Source: IndexBox Platform