Meat And Poultry Market in Argentina
Market Overview
In
, after three years of decline, there was significant growth in the Argentinian meat and poultry market, when its value increased by
% to $
. The market value increased at an average annual rate of +
% over the period from 2007 to
; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Meat and poultry consumption peaked at $
in 2012; however, from 2013 to
, consumption remained at a lower figure.
In value terms, meat and poultry production expanded markedly to $
in
estimated in export price. The total output value increased at an average annual rate of +
% from 2007 to
; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2008 when the production volume increased by
%. Meat and poultry production peaked at $
in 2012; however, from 2013 to
, production failed to regain momentum.
In
, the average yield of meat and poultry in Argentina totaled
kg per head, leveling off at
. In general, the yield showed a mild curtailment. The pace of growth appeared the most rapid in 2013 with an increase of
% against the previous year. The meat and poultry yield peaked at
kg per head in 2007; however, from 2008 to
, the yield remained at a lower figure.
In
, approx.
heads of animals slaughtered for meat and poultry production in Argentina; remaining stable against the previous year. This number increased at an average annual rate of +
% from 2007 to
; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2011 when the number of producing animals increased by
% against the previous year. Over the period under review, this number reached the peak level at
heads in
, and then reduced modestly in the following year.







In value terms, meat and poultry production expanded markedly to $







In






In







Consumption
For the third consecutive year, Argentina recorded growth in consumption of meat and poultry, which increased by
% to
tons in
. The total consumption volume increased at an average annual rate of +
% from 2007 to
; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, consumption hit record highs in
and is likely to continue growth in the immediate term.
The revenue of the meat and poultry market in Argentina shrank modestly to $
in
, reducing by -
% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +
% over the period from 2007 to
; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. Meat and poultry consumption peaked at $
in 2012; however, from 2013 to
, consumption stood at a somewhat lower figure.






The revenue of the meat and poultry market in Argentina shrank modestly to $







Consumption by Type
Beef (cattle meat) (
tons), chicken meat (
tons) and pork (
tons) were the main products of meat and poultry consumption in Argentina, together accounting for
% of the total volume. These products were followed by lamb and sheep meat, meat of other animals, turkey meat, horse, mule and donkey meat, duck and goose meat, goat meat and rabbit or hare meat, which together accounted for a further
%.
From 2007 to
, the biggest increases were recorded for rabbit or hare meat (with a CAGR of +
%), while consumption for the other products experienced more modest paces of growth.
In value terms, beef (cattle meat) ($
) led the market, alone. The second position in the ranking was taken by chicken meat ($
). It was followed by pork.
From 2007 to
, the average annual growth rate of the value of beef (cattle meat) markets was relatively modest. With regard to the other consumed products, the following average annual rates of growth were recorded: chicken meat (+
% per year) and pork (+
% per year).





From 2007 to


In value terms, beef (cattle meat) ($


From 2007 to



Market Forecast
Driven by increasing demand for meat and poultry in Argentina, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +
% for the period from
to
, which is projected to bring the market volume to
tons by the end of
.
In value terms, the market is forecast to increase with an anticipated CAGR of -
% for the period from
to
, which is projected to bring the market value to $
(in nominal prices) by the end of
.





In value terms, the market is forecast to increase with an anticipated CAGR of -





Market Structure
Over the period under review, imports of meat and poultry in Argentina were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for meat and poultry. In
, the share of imports in total consumption accounted for
% in value terms and
% in physical terms. The share of imports remained relatively constant over the period under review. In
, the share of imports in total consumption accounted for
% in value terms and
% in physical terms. The share of imports decreased moderately (-
percentage point) over the period under review.







Trade Balance
Argentina remains a net exporter of meat and poultry; in physical and value terms, exports consistently exceeded imports from 2007 to
. In
, there was a significant trade surplus of
tons, which was equal to $
. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.




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