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Brazil - Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMeat Price in Brazil Falls 7% to $4,057 per Ton After Six Consecutive Months of Decline
Brazil Meat Export Price in December 2022
In December 2022, the meat price amounted to $4,057 per ton (FOB, Brazil), falling by -6.5% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in February 2022 when the average export price increased by 8.8% against the previous month. The export price peaked at $5,380 per ton in June 2022; however, from July 2022 to December 2022, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($4,666 per ton), while the average price for exports to Singapore ($2,745 per ton) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Brazil Meat Export Prices by Type
Prices varied noticeably by the product type; the product with the highest price was lamb and sheep meat ($12.5 per kg), while the average price for exports of pork ($2,554 per ton) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was recorded for the following types: rabbit meat (+21.9%), while the prices for the other products experienced more modest paces of growth.
Brazil Meat Exports
After three months of decline, overseas shipments of meat increased by 6.6% to 244K tons in December 2022. The total export volume increased at an average monthly rate of +1.6% from January 2022 to December 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The pace of growth appeared the most rapid in August 2022 when exports increased by 21% month-to-month. As a result, the exports attained the peak of 303K tons. From September 2022 to December 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, meat exports fell modestly to $988M (IndexBox estimates) in December 2022. Overall, total exports indicated a mild increase from January 2022 to December 2022: its value increased at an average monthly rate of +1.0% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, exports decreased by -34.0% against August 2022 indices. The most prominent rate of growth was recorded in February 2022 with an increase of 17% against the previous month. The exports peaked at 1.5M tons in August 2022; however, from September 2022 to December 2022, the exports remained at a lower figure.
Brazil Meat Exports by Type
Beef (cattle meat) (153K tons), pork (91K tons) and lamb and sheep meat (4.7 tons) were the main products of meat exports from Brazil, together comprising 99.9% of total exports. Goat meat and meat of camels and other animals lagged somewhat behind, together accounting for a further less than 0.1%.
From January 2022 to December 2022, the most notable rate of growth in terms of shipments, amongst the major product types, was attained by goat meat (with a CAGR of +15.3%), while the other products experienced more modest paces of growth.
In value terms, beef (cattle meat) ($756M) remains the largest type of meat exported from Brazil, comprising 77% of total exports. The second position in the ranking was held by pork ($232M), with a 23% share of total exports. It was followed by lamb and sheep meat, with less than 0.1% share.
From January 2022 to December 2022, the average monthly rate of growth in terms of the export volume of beef (cattle meat) was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: pork (+4.9% per month) and lamb and sheep meat (-0.2% per month).
Brazil Meat Exports by Country
China (150K tons) was the main destination for meat exports from Brazil, with a 62% share of total exports. Moreover, meat exports to China exceeded the volume sent to the second major destination, Chile (13K tons), more than tenfold. the United States (11K tons) ranked third in terms of total exports with a 4.5% share.
From January 2022 to December 2022, the average monthly growth rate of volume to China totaled +5.6%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Chile (+8.9% per month) and the United States (-3.7% per month).
In value terms, China ($629M) remains the key foreign market for meat exports from Brazil, comprising 64% of total exports. The second position in the ranking was taken by the United States ($51M), with a 5.2% share of total exports. It was followed by Chile, with a 5% share.
From January 2022 to December 2022, the average monthly growth rate of value to China stood at +4.4%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the United States (-4.4% per month) and Chile (+7.5% per month).
Meat Market Overview
Brazil is the world's largest exporter of beef and chicken, and the second largest exporter of pork. The country is also a major player in the global livestock market, with a significant share of the world's beef, poultry, and pork production. A variety of factors have contributed to Brazil's success in the meat industry, including its large population and geographical size, as well as its abundant natural resources.
The Brazilian meat industry is highly efficient and vertically integrated, with large companies owning their own slaughterhouses, processing plants, and distribution networks. This allows them to control the quality of their products and keep costs low.
The Brazilian government has been supportive of the meat industry, providing subsidies and tax breaks to encourage growth. This has helped make Brazil one of the most competitive markets in the world.
However, there are some concerns about the sustainability of the Brazilian meat industry. The Amazon rainforest is being cleared at an alarming rate to make way for pastureland, and this is causing environmental damage and contributing to climate change. There are also worries about working conditions in slaughterhouses and processing plants, as well as animal welfare standards.
This report provides an in-depth analysis of the meat market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1108 - Meat of asses
- FCL 947 - Buffalo meat
- FCL 1127 - Meat of camels
- FCL 867 - Meat of cattle
- FCL 870 - Meat of cattle, boneless
- FCL 1017 - Goat meat
- FCL 1097 - Horse meat
- FCL 1111 - Meat of mules
- FCL 1158 - Meat of other domestic camelids
- FCL 1151 - Meat of other domestic rodents
- FCL 1035 - Pig meat
- FCL 1141 - Rabbit meat
- FCL 977 - Meat of sheep
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023