Paraguay: Pork Market 2025

Pork Market Size in Paraguay

The Paraguayan pork market declined modestly to $X in 2022, almost unchanged from the previous year. Over the period under review, the total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +8.2% against 2020 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Pork Production in Paraguay

In value terms, pork production shrank slightly to $X in 2022 estimated in export price. Overall, the total production indicated a modest increase from 2012 to 2022: its value 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, production increased by +3.7% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of 42% against the previous year. Pork production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

The average yield of pork in Paraguay stood at X kg per head in 2022, flattening at 2021. In general, the yield saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 3.1% against the previous year. The pork yield peaked in 2022 and is likely to see steady growth in years to come.

The number of animals slaughtered for pork production in Paraguay fell slightly to X heads in 2022, waning by -2.6% compared with 2021. Over the period under review, the number of producing animals, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of 27%. Over the period under review, this number attained the peak level at X heads in 2021, and then dropped slightly in the following year.

Pork Exports

Exports from Paraguay

In 2022, the amount of pork exported from Paraguay shrank markedly to X tons, waning by -39.3% compared with the previous year. Overall, exports, however, recorded strong growth. The pace of growth appeared the most rapid in 2013 when exports increased by 101% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, pork exports contracted markedly to $X in 2022. In general, exports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2013 when exports increased by 122% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uruguay (X tons) was the main destination for pork exports from Paraguay, with a 68% share of total exports. Moreover, pork exports to Uruguay exceeded the volume sent to the second major destination, Georgia (X tons), fourfold. Armenia (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to Uruguay totaled +116.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (-62.0% per year) and Armenia (+32.9% per year).

In value terms, Uruguay ($X) emerged as the key foreign market for pork exports from Paraguay, comprising 74% of total exports. The second position in the ranking was taken by Georgia ($X), with a 17% share of total exports. It was followed by Armenia, with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Uruguay stood at +95.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (-57.3% per year) and Armenia (+28.3% per year).

Export Prices by Country

In 2022, the average pork export price amounted to $X per ton, increasing by 5.5% against the previous year. In general, the export price, however, recorded a pronounced slump. The pace of growth appeared the most rapid in 2014 an increase of 33%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uruguay ($X per ton), while the average price for exports to Armenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+55.8%), while the prices for the other major destinations experienced more modest paces of growth.

Pork Imports

Imports into Paraguay

In 2022, purchases abroad of pork increased by 340% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 3,383%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, pork imports skyrocketed to $X in 2022. In general, imports, however, recorded a deep setback. The growth pace was the most rapid in 2021 with an increase of 924% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X tons) was the main pork supplier to Paraguay, accounting for a approx. 99% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil amounted to -11.1%.

In value terms, Brazil ($X) constituted the largest supplier of pork to Paraguay.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil stood at -13.0%.

Import Prices by Country

The average pork import price stood at $X per ton in 2022, reducing by -19.7% against the previous year. Overall, the import price continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2020 when the average import price increased by 274% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +4.5% per year.

Source: IndexBox Platform