Paraguay: Meat And Poultry Market 2024

Meat And Poultry Market Size in Paraguay

The Paraguayan meat and poultry market dropped to $X in 2022, with a decrease of X% against the previous year. Over the period under review, the total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2017 indices. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Meat And Poultry Production in Paraguay

In value terms, meat and poultry production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

In 2022, the average meat and poultry yield in Paraguay was estimated at X kg per head, approximately reflecting 2021 figures. In general, the yield saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the yield increased by X%. As a result, the yield reached the peak level of X kg per head. From 2014 to 2022, the growth of the average meat and poultry yield remained at a somewhat lower figure.

In 2022, number of animals slaughtered for meat and poultry production in Paraguay fell modestly to X heads, remaining stable against 2021. In general, the total number of producing animals indicated strong growth from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, number of animals slaughtered for meat and poultry production increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2014 when the number of producing animals increased by X% against the previous year. Over the period under review, this number reached the peak level at X heads in 2021, and then dropped slightly in the following year.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Meat And Poultry Exports

Exports from Paraguay

In 2022, shipments abroad of meat and poultry increased by X% to X tons, rising for the third year in a row after three years of decline. Overall, total exports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, meat and poultry exports rose sharply to $X in 2022. In general, total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Chile (X tons) was the main destination for meat and poultry exports from Paraguay, with a X% share of total exports. Moreover, meat and poultry exports to Chile exceeded the volume sent to the second major destination, Russia (X tons), twofold. Brazil (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Chile totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Brazil (X% per year).

In value terms, Chile ($X) remains the key foreign market for meat and poultry exports from Paraguay, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports. It was followed by Brazil, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Chile totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Brazil (X% per year).

Export Prices by Country

In 2022, the average meat and poultry export price amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($X per ton), while the average price for exports to Russia ($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 Kuwait (X%), while the prices for the other major destinations experienced more modest paces of growth.

Meat And Poultry Imports

Imports into Paraguay

In 2022, overseas purchases of meat and poultry were finally on the rise to reach X tons after three years of decline. Over the period under review, imports enjoyed resilient growth. The pace of growth was the most pronounced in 2018 when imports increased by X%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, meat and poultry imports surged to $X in 2022. In general, imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Brazil (X tons), Russia (X tons) and Chile (X tons) were the main suppliers of meat and poultry imports to Paraguay, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Russia ($X) and Chile ($X) were the largest meat and poultry suppliers to Paraguay, together accounting for X% of total imports.

In terms of the main suppliers, Russia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average meat and poultry import price amounted to $X per ton, rising by X% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, meat and poultry import price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady 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 Taiwan (Chinese) ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :