Uruguay: Meat Dishes Market 2024

Meat Dishes Market Size in Uruguay

The Uruguayan meat dishes market expanded to $X in 2023, rising by X% against the previous year. Over the period under review, consumption, however, saw a perceptible decline. Meat dishes consumption peaked at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.

Meat Dishes Production in Uruguay

In value terms, meat dishes production amounted to $X in 2023 estimated in export price. Overall, production, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Meat Dishes Exports

Exports from Uruguay

In 2023, approx. X tons of meat dishes were exported from Uruguay; increasing by X% against the previous year's figure. Overall, exports saw a prominent expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2023 and are likely to see gradual growth in the near future.

In value terms, meat dishes exports amounted to $X in 2023. Over the period under review, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2023 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for meat dishes exports from Uruguay, with a X% share of total exports. Moreover, meat dishes exports to the United States exceeded the volume sent to the second major destination, South Korea (X tons), more than tenfold. The United Arab Emirates (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and the United Arab Emirates (X.6% per year).

In value terms, the United States ($X) remains the key foreign market for meat dishes exports from Uruguay, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X.9% per year) and South Korea (X% per year).

Export Prices by Country

The average meat dishes export price stood at $X per ton in 2023, remaining stable against the previous year. Over the period under review, the export price, however, recorded a slight setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to South Korea ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (X%), while the prices for the other major destinations experienced more modest paces of growth.

Meat Dishes Imports

Imports into Uruguay

For the third consecutive year, Uruguay recorded growth in supplies from abroad of meat dishes, which increased by X% to X tons in 2023. Overall, imports showed strong growth. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Imports peaked in 2023 and are expected to retain growth in the near future.

In value terms, meat dishes imports stood at $X in 2023. In general, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2022 when imports increased by X%. Over the period under review, imports attained the maximum in 2023 and are expected to retain growth in the near future.

Imports by Country

In 2023, Brazil (X tons) constituted the largest supplier of meat dishes to Uruguay, accounting for a X% share of total imports. Moreover, meat dishes imports from Brazil exceeded the figures recorded by the second-largest supplier, Argentina (X tons), fourfold. The third position in this ranking was taken by Paraguay (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (X% per year) and Paraguay (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of meat dishes to Uruguay, comprising X% of total imports. The second position in the ranking was held by Argentina ($X), with a X% share of total imports. It was followed by Paraguay, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (X% per year) and Paraguay (X% per year).

Import Prices by Country

In 2023, the average meat dishes import price amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Paraguay (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform