Price for Meat of Bovine Animals; Fresh or Chilled in Paraguay - 2024
Contents:
- Price for Meat of Bovine Animals; Fresh or Chilled in Paraguay (FOB) - 2024
- Price for Meat of Bovine Animals; Fresh or Chilled in Paraguay (CIF) - 2024
- Exports of Meat of Bovine Animals; Fresh or Chilled in Paraguay
- Imports of Meat of Bovine Animals; Fresh or Chilled in Paraguay
Price for Meat of Bovine Animals; Fresh or Chilled in Paraguay (FOB) - 2024
The average export price for meat of bovine animals; fresh or chilled stood at $5,623 per ton in January 2024, which is down by -2% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 7.3% against the previous month. As a result, the export price reached 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 Meat of Bovine Animals; Fresh or Chilled in Paraguay (CIF) - 2024
The average import price for meat of bovine animals; fresh or chilled stood at $3,731 per ton in January 2024, reducing by -22.3% against the previous month. Overall, the import price saw a perceptible descent. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 24% m-o-m. The import price peaked at $5,290 per ton in January 2023; however, from February 2023 to January 2024, import prices failed to regain momentum.
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 Meat of Bovine Animals; Fresh or Chilled in Paraguay
Exports of meat of bovine animals; fresh or chilled from Paraguay rose remarkably to 155K tons in 2022, growing by 7.5% against the year before. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +16.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.0% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of meat of bovine animals; fresh or chilled rose markedly to $883M in 2022. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 50% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Meat of Bovine Animals; Fresh or Chilled 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 Meat of Bovine Animals; Fresh or Chilled from Paraguay in 2022:
- Chile (117.3K tons)
- Brazil (26.5K tons)
- Uruguay (6.9K tons)
Imports of Meat of Bovine Animals; Fresh or Chilled in Paraguay
In 2022, the amount of meat of bovine animals; fresh or chilled imported into Paraguay surged to 530 tons, increasing by 154% compared with 2021 figures. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 171% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of meat of bovine animals; fresh or chilled soared to $2.9M in 2022. Over the period under review, imports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 173%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Meat of Bovine Animals; Fresh or Chilled 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 Meat of Bovine Animals; Fresh or Chilled to Paraguay in 2022:
- Brazil (320.3 tons)
- Chile (160.9 tons)
- Lebanon (48.8 tons)
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