Paraguay: Pork Market 2024

Pork Market Size in Paraguay

The Paraguayan pork market fell to $X in 2022, approximately reflecting the previous year. In general, the total consumption indicated a temperate expansion 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 increased by X% against 2020 indices. Pork consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Pork Production in Paraguay

In value terms, pork production fell to $X in 2022 estimated in export price. Over the period under review, the total production indicated a modest 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

The average yield of pork in Paraguay amounted to X kg per head in 2022, approximately mirroring the previous year. In general, the yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the yield increased by X%. Over the period under review, the average pork yield hit record highs in 2022 and is expected to retain growth in the near future.

In 2022, number of animals slaughtered for pork production in Paraguay shrank slightly to X heads, declining by X% against 2021 figures. Overall, the number of producing animals, however, recorded prominent growth. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, this number reached the maximum level at X heads in 2021, and then dropped in the following year.

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Pork Exports

Exports from Paraguay

In 2022, approx. X tons of pork were exported from Paraguay; which is down by X% compared with the year before. In general, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, pork exports contracted rapidly to $X in 2022. Over the period under review, exports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2013 when exports increased by X% 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 X% 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 X% share.

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

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

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

Export Prices by Country

In 2022, the average pork export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price, however, saw a pronounced descent. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

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 (X%), 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 X% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, continue to indicate a abrupt slump. Over the period under review, imports hit record highs 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. Over the period under review, imports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Brazil (X tons) constituted the largest pork supplier to Paraguay, accounting for a X% share of total imports. Moreover, pork imports from Brazil exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from Brazil amounted to X%.

In value terms, Brazil ($X) constituted the largest supplier of pork to Paraguay, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Brazil totaled X%.

Import Prices by Country

The average pork import price stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Brazil totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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