Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Peru - 2022

Contents:

  1. Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Peru (CIF) - 2022
  2. Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Peru

Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Peru (CIF) - 2022

The average import price for fresh or chilled boneless cuts of bovine meat stood at $10,136 per ton in 2022, growing by 21% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2021 an increase of 25%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($14,216 per ton), while the price for Bolivia ($7,475 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Peru

In 2022, overseas purchases of fresh or chilled boneless cuts of bovine meat decreased by -29.5% to 1.2K tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 42%. As a result, imports attained the peak of 2.5K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of fresh or chilled boneless cuts of bovine meat declined to $12M in 2022. In general, imports showed a perceptible contraction. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year. As a result, imports reached the peak of $17M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Fresh or Chilled Boneless Cuts of Bovine Meat in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil3.44.83.85.517.4%
United States5.54.35.13.7-12.4%
Argentina2.32.01.72.86.8%
Bolivia2.95.53.90.5-44.3%
Others0.30.10.1N/A-42.3%
Total14.416.614.612.5-4.6%

Top Suppliers of Fresh or Chilled Boneless Cuts of Bovine Meat to Peru in 2022:

  1. Brazil (659.0 tons)
  2. United States (310.2 tons)
  3. Argentina (194.1 tons)
  4. Bolivia (68.8 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Fresh or chilled boneless cuts of bovine meat - Peru