U.S.: Meat Dishes Market 2024

Meat Dishes Market Size in the U.S.

The U.S. meat dishes market reached $X in 2022, remaining constant against the previous year. Over the period under review, consumption continues to indicate modest growth. Meat dishes consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Meat Dishes Production in the U.S.

In value terms, meat dishes production amounted to $X in 2022. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 11%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Meat Dishes Exports

Exports from the U.S.

Meat dishes exports from the United States declined slightly to X tons in 2022, waning by -1.7% on the previous year's figure. The total export volume increased at an average annual rate of +1.9% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by 25% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, meat dishes exports rose significantly to $X in 2022. The total export value increased at an average annual rate of +4.0% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 23%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Canada (X tons), Mexico (X tons) and Japan (X tons) were the main destinations of meat dishes exports from the United States, together comprising 70% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Japan (with a CAGR of +9.5%), while the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) remains the key foreign market for meat dishes exports from the United States, comprising 42% of total exports. The second position in the ranking was taken by Mexico ($X), with a 17% share of total exports. It was followed by Japan, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada amounted to +2.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+6.6% per year) and Japan (+8.2% per year).

Export Prices by Country

In 2022, the average meat dishes export price amounted to $X per ton, picking up by 14% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The pace of growth appeared the most rapid in 2019 when the average export price increased by 15%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to the Dominican Republic ($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 Indonesia (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.

Meat Dishes Imports

Imports into the U.S.

Meat dishes imports into the United States rose markedly to X tons in 2022, with an increase of 8.6% on the year before. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +8.5% 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 +126.9% against 2012 indices. The most prominent rate of growth was recorded in 2015 when imports increased by 31%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, meat dishes imports expanded notably to $X in 2022. In general, imports posted a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Canada (X tons), Brazil (X tons) and Mexico (X tons) were the main suppliers of meat dishes imports to the United States, together comprising 73% of total imports. Poland, Uruguay, Chile, Denmark, Italy, New Zealand and Australia lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of +23.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest meat dishes suppliers to the United States were Canada ($X), Brazil ($X) and Mexico ($X), together comprising 76% of total imports. Uruguay, New Zealand, Italy, Poland, Chile, Denmark and Australia lagged somewhat behind, together accounting for a further 21%.

Chile, with a CAGR of +28.8%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average meat dishes import price stood at $X per ton in 2022, surging by 4.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 12%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($X per ton), while the price for Denmark ($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 (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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