Paraguay: Beef Market 2020

Beef Market Size in Paraguay

The revenue of the beef market in Paraguay amounted to $X in 2018, picking up by X% against the previous year. Over the period under review, beef consumption continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2011 when the market value increased by X% year-to-year. Over the period under review, the beef market reached its peak figure level in 2018 and is likely to see steady growth in the immediate term.

Beef Production in Paraguay

In value terms, beef production amounted to $X in 2018 estimated in export prices. Over the period under review, beef production continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2010 when production volume increased by X% year-to-year. Paraguay beef production peaked in 2018 and is expected to retain its growth in the immediate term.

Beef Exports

Exports from Paraguay

Beef exports from Paraguay totaled X tons in 2018, jumping by X% against the previous year. Overall, the total exports indicated prominent growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Paraguay exports peaked at X tons in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

In value terms, beef exports amounted to $X in 2018. Overall, beef exports continue to indicate a strong expansion. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Paraguay exports peaked in 2018 and are expected to retain its growth in the near future.

Exports by Country

The exports of the four major exporters of beef (cattle meat), namely Brazil, India, Australia and the U.S., represented more than third of total export. It was distantly followed by the Netherlands (X tons), creating a X% share of total exports. New Zealand (X tons), Poland (X tons), Ireland (X tons), Canada (X tons), Argentina (X tons), Germany (X tons) and Uruguay (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Australia ($X) and Brazil ($X) were the countries with the highest levels of exports in 2018, with a combined X% share of total exports. India, the Netherlands, Ireland, New Zealand, Argentina, Canada, Poland, Germany, Uruguay and Paraguay lagged somewhat behind, together comprising a further X terms of the main exporting countries, India experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The beef export price in Paraguay stood at $X per ton in 2018, leveling off at the previous year. In general, the export price indicated a remarkable expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, beef export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2010 when the export price increased by X% against the previous year. Paraguay export price peaked at $X per ton in 2011; however, from 2012 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per ton), while India ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced more modest paces of growth.

Beef Imports

Imports into Paraguay

In 2018, approx. X tons of beef (cattle meat) were imported into Paraguay; rising by X% against the previous year. In general, beef imports continue to indicate an extraordinary expansion. The pace of growth was the most pronounced in 2018 when imports increased by X% y-o-y. In that year, beef imports reached their peak and are likely to continue its growth in the immediate term.

In value terms, beef imports amounted to $X in 2018. In general, beef imports continue to indicate skyrocketing growth. The pace of growth was the most pronounced in 2018 when imports increased by X% year-to-year. In that year, beef imports reached their peak and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, the U.S. (X tons), Vietnam (X tons), China (X tons), Japan (X tons), South Korea (X tons), China, Hong Kong SAR (X tons), the Netherlands (X tons), Italy (X tons), Germany (X tons), Russia (X tons), the UK (X tons) and France (X tons) were the main importers of beef (cattle meat) in the world, mixing up X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Paraguay (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Japan ($X) and China ($X) constituted the countries with the highest levels of imports in 2018, with a combined X% share of total imports. These countries were followed by South Korea, Vietnam, Germany, Italy, China, Hong Kong SAR, the Netherlands, the UK, France, Russia and Paraguay, which together accounted for a further X the main importing countries, Paraguay recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the beef import price in Paraguay amounted to $X per ton, reducing by -X% against the previous year. Overall, the beef import price continues to indicate an abrupt decline. The pace of growth appeared the most rapid in 2014 when the import price increased by X% y-o-y. Over the period under review, the import prices for beef (cattle meat) reached their maximum at $X per ton in 2007; however, from 2008 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform