Puerto Rico: Preserved Cows Meat Market 2025

Preserved Cows Meat Market Size in Puerto Rico

The Puerto Rican preserved cows meat market totaled less than $X in 2021, therefore, remained relatively stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a relatively flat trend pattern.

Preserved Cows Meat Exports

Exports from Puerto Rico

In 2021, exports of prepared or preserved meat or offal of bovine animals from Puerto Rico totaled less than X kg, flattening at 2020. In general, exports continue to indicate a relatively flat trend pattern.

In value terms, preserved cows meat exports stood at less than $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern.

Exports by Country

In 2021, Brazil (X tons), distantly followed by Germany (X tons), Poland (X tons), the United States (X tons), Ireland (X tons) and Argentina (X tons) represented the main exporters of prepared or preserved meat or offal of bovine animals, together generating 58% of total exports. The following exporters - France (X tons), New Zealand (X tons), Belgium (X tons), Italy (X tons), the Netherlands (X tons), Australia (X tons) and Jordan (X tons) - together made up 19% of total exports.

Brazil experienced a relatively flat trend pattern with regard to volume of exports of prepared or preserved meat or offal of bovine animals. At the same time, Poland (+6.4%), Australia (+4.8%) and France (+1.8%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the world, with a CAGR of +6.4% from 2012-2021. Germany, Italy, New Zealand and Argentina experienced a relatively flat trend pattern. By contrast, the United States (-1.2%), Jordan (-3.6%), Belgium (-4.4%), the Netherlands (-4.8%) and Ireland (-6.8%) illustrated a downward trend over the same period. While the share of Poland (+3 p.p.) and Brazil (+1.6 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Ireland (-5.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest preserved cows meat supplier from Puerto Rico, comprising 27% of global exports. The second position in the ranking was taken by the United States ($X), with an 8.4% share of global exports. It was followed by Germany, with an 8% share.

In Brazil, preserved cows meat exports expanded at an average annual rate of +2.2% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the United States (+3.6% per year) and Germany (+0.9% per year).

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per ton, flattening at the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.7%), while the other leaders experienced more modest paces of growth.

Preserved Cows Meat Imports

Imports into Puerto Rico

In 2021, imports of prepared or preserved meat or offal of bovine animals into Puerto Rico was estimated at less than X kg, leveling off at 2020 figures. Overall, imports recorded a relatively flat trend pattern.

In value terms, preserved cows meat imports amounted to less than $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern.

Imports by Country

In 2021, the United States (X tons), distantly followed by the UK (X tons), Canada (X tons), Hong Kong SAR (X tons), Germany (X tons) and France (X tons) represented the key importers of prepared or preserved meat or offal of bovine animals, together achieving 48% of total imports. The Netherlands (X tons), Belgium (X tons), Australia (X tons), Italy (X tons), Denmark (X tons), Japan (X tons) and Sweden (X tons) held a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the United States (with a CAGR of +10.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported prepared or preserved meat or offal of bovine animals into Puerto Rico, comprising 27% of global imports. The second position in the ranking was held by the UK ($X), with an 8.5% share of global imports. It was followed by Canada, with a 7.4% share.

In the United States, preserved cows meat imports expanded at an average annual rate of +9.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the UK (-7.2% per year) and Canada (+1.0% per year).

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, remaining stable against the previous year. Overall, the import price saw a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+4.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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