Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Paraguay - 2024
Contents:
- Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Paraguay (FOB) - 2024
- Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Paraguay (CIF) - 2024
- Exports of Fresh or Chilled Boneless Cuts of Bovine Meat in Paraguay
- Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Paraguay
Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Paraguay (FOB) - 2024
The average export price for fresh or chilled boneless cuts of bovine meat stood at $5,623 per ton in January 2024, dropping by -2% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average export price increased by 7.3% month-to-month. As a result, the export price attained the peak level of $5,803 per ton. From June 2023 to January 2024, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In January 2024, the country with the highest price was Brazil ($6,615 per ton), while the average price for exports to Uruguay ($4,598 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Paraguay (CIF) - 2024
The average import price for fresh or chilled boneless cuts of bovine meat stood at $3,731 per ton in January 2024, shrinking by -22.3% against the previous month. Overall, the import price recorded a perceptible decline. The pace of growth appeared the most rapid in May 2023 an increase of 24% m-o-m. Over the period under review, average import prices attained the maximum at $5,290 per ton in January 2023; however, from February 2023 to January 2024, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From January 2023 to January 2024, the rate of growth in terms of prices for Chile amounted to +2.5% per month.
Exports of Fresh or Chilled Boneless Cuts of Bovine Meat in Paraguay
Exports of fresh or chilled boneless cuts of bovine meat from Paraguay amounted to 155K tons in 2022, with an increase of 7.5% on the previous year. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +16.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.1% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 25%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of fresh or chilled boneless cuts of bovine meat rose markedly to $883M in 2022. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 50%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Fresh or Chilled Boneless Cuts of Bovine Meat in Paraguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 355 | 401 | 637 | 660 | 23.0% |
| Brazil | 59.5 | 73.5 | 103 | 153 | 37.0% |
| Uruguay | 10.9 | 18.7 | 17.7 | 35.1 | 47.7% |
| Others | 42.1 | 33.4 | 31.6 | 35.7 | -5.3% |
| Total | 468 | 526 | 789 | 883 | 23.6% |
Top Export Markets for Fresh or Chilled Boneless Cuts of Bovine Meat from Paraguay in 2022:
- Chile (117.3K tons)
- Brazil (26.5K tons)
- Uruguay (6.9K tons)
Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Paraguay
In 2022, the amount of fresh or chilled boneless cuts of bovine meat imported into Paraguay skyrocketed to 530 tons, rising by 154% compared with 2021. In general, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 171% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of fresh or chilled boneless cuts of bovine meat soared to $2.9M in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 173%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Fresh or Chilled Boneless Cuts of Bovine Meat in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 114 | 458 | 359 | 1,616 | 142.0% |
| Chile | 437 | 824 | 666 | 1,023 | 32.8% |
| Lebanon | N/A | N/A | N/A | 301 | 0% |
| Uruguay | N/A | 224 | N/A | N/A | 0% |
| Netherlands | 174 | 151 | N/A | N/A | -13.2% |
| Others | N/A | 323 | 68.8 | 0.4 | -96.5% |
| Total | 725 | 1,980 | 1,093 | 2,941 | 59.5% |
Top Suppliers of Fresh or Chilled Boneless Cuts of Bovine Meat to Paraguay in 2022:
- Brazil (320.3 tons)
- Chile (160.9 tons)
- Lebanon (48.8 tons)
782
This report provides an in-depth analysis of the beef market in Paraguay.
813
This report provides an in-depth analysis of the meat and poultry market in Paraguay.
816
This report provides an in-depth analysis of the meat market in Paraguay.
150
This report provides an in-depth analysis of the fresh beef carcase market in Paraguay.
600
Global Fresh Beef Cut Market Report 2018. This report provides an in-depth analysis of the global fresh beef cut market.
4436
This report provides an in-depth analysis of the global beef market.
2219
This report provides an in-depth analysis of the global meat and poultry market.
2853
This report provides an in-depth analysis of the global meat market.
1014
Global Beef Market Report 2019. This report provides an in-depth analysis of the global beef market.
877
This report provides an in-depth analysis of the global fresh beef carcase market.
659
Explore the top import markets for beef, including China, the United States, South Korea, and more. Discover key statistics and figures from the IndexBox market intelligence platform.
855
The global beef market stood at $379.4B in 2021, approximately mirroring the previous year. This figure reflects the...
1870
The global beef market revenue amounted to $385.7B in 2018, growing by 5.1% against the previous year. This figure...
1372
Global beef market remained relatively stable, rising from X tons in 2007, to X tons in 2016.
4106
Global beef consumption amounted to X thousand tons in 2015, standing approx. at the previous year level.
1823
Global beef exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
2033
Global beef imports amounted to X thousand tons in 2015, standing approx. at the previous year level.
1180
In 2015, the countries with the highest levels of production in 2015 were the United States (X thousand tons), Brazil (X thousand tons), China (X thousand tons), together accounting for X% of total output.
1292
France dominates in the global beef trade. In 2014, France exported X thousand tons of beef totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total beef exports in value terms
215
Discover the leading countries driving global meat and poultry imports, including key statistics and market insights.
