Market research

Pig offal market in Latin America and the Caribbean

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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"Latin America and the Caribbean" region includes following countries:

Argentina

Bolivia

Bouvet Island

Brazil

Chile

Colombia

Ecuador

Falkland Islands (Malvinas)

South Georgia and the South Sandwich Islands

French Guiana

Guyana

Paraguay

Peru

Suriname

Uruguay

Venezuela

Belize

Costa Rica

El Salvador

Guatemala

Honduras

Mexico

Nicaragua

Panama

Antigua and Barbuda

the Bahamas

Barbados

British Virgin Islands

Cayman Islands

Cuba

Dominica

Dominican Republic

Grenada

Guadeloupe

Haiti

Jamaica

Martinique

Montserrat

Curacao

Aruba

Saint Maarten (Dutch part)

Bonaire

Puerto Rico

Saint-Barthélemy

Saint Kitts and Nevis

Anguilla

Saint Lucia

Saint-Martin (French Part)

Saint Vincent and the Grenadines

Trinidad and Tobago

Turks and Caicos Islands

United States Virgin Islands

Earlier Report Observations

The market volume for pig offal in Latin America and the Caribbean grew consistently from 589.1 thousand tonnes in 2018 to 633.1 thousand tonnes in 2020, setting the stage for more accelerated expansion.

A notable surge occurred in 2021, with volume jumping to 726.5 thousand tonnes. This increase aligned with distinct market segmentation in major markets like Mexico, where strong domestic consumer preference for fresh or chilled offal coexisted with export-oriented production of frozen cuts destined for Asia, supporting overall market growth.

Volume continued to rise, reaching 798.5 thousand tonnes in 2023. Regional development of the sector in Mexico and the region's deepening integration into global supply chains—relying on imports from the United States and Brazil while exporting to China and Europe—sustained the upward trajectory. The limited shelf life of fresh products also reinforced demand for chilled and frozen logistics, further shaping market dynamics.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2023
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Latin America and the Caribbean
  1. 5.1.1. Annual dynamics of production in Latin America and the Caribbean in kind, 2018-2023, K t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's exports from Argentina in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's exports in kind from Argentina by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Argentina in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Argentina by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Argentina, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Argentina by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's exports from Argentina in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's exports in kind from Argentina by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Argentina in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Argentina by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Argentina, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Argentina by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's imports to Argentina in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's imports in kind to Argentina by countries, 2018-2024, K t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Argentina in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Argentina by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Argentina, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Argentina by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's imports to Argentina in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's imports in kind to Argentina by countries, 2018-2024, K t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Argentina in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Argentina by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Argentina, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Argentina by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production pig offal in Latin America and the Caribbean

In kind, 2017-2020, K t

Top producers of pig offal, 2017-2020

Source: SHEV.io

World map of production of pig offal, 2017-2020

Source: SHEV.io

Pig offal production in Latin America and the Caribbean has grown for the third year in a row. In 2020, the region produced 644.9 thousand tonnes, marking a moderate increase of 4.8% compared to 2019. Looking at the period from 2017 to 2020, production rose by 13.9%, with an average annual growth rate of 4.4%.

Annual dynamics of production in Latin America and the Caribbean in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	4.6%	3.9%	4.8%	4.4%

Source: SHEV.io

In value, 2017-2020, M $ US

The value of pig offal production in Latin America and the Caribbean has fallen for the second consecutive year. In 2020, output was valued at 1 555 million US dollars, down 8.4% year-on-year. The peak value occurred in 2018 at 1 829 million US dollars, which also saw the largest annual increase of 19.0%.

Annual dynamics of production in Latin America and the Caribbean in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	19.0%	(7.2%)	(8.4%)	0.4%

Source: SHEV.io

Exports pig offal from Latin America and the Caribbean

Exports in kind, K t

Exports of pig offal from Latin America and the Caribbean have increased for the second year in a row. In 2020, export volume reached 218.6 thousand tonnes, showing a slight rise of 1.2% from the previous year. The lowest volume was recorded in 2018 at 212.1 thousand tonnes, with a decline of 1.0% that year. In contrast, 2019 saw the largest increase of 1.9%.

Annual dynamics of product's exports from Latin America and the Caribbean in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(1.0%)	1.9%	1.2%	0.7%

Source: SHEV.io

From 2017 to 2020, Hong Kong, South Africa, and Angola remained the top buyers of pig offal from Latin America and the Caribbean in volume terms. Hong Kong accounted for 49.0% of exports, South Africa for 4.3%, and Angola for 4.2%, together making up 57.5% of total exports.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Latin America and the Caribbean in kind, 2017-2020

Source: SHEV.io

Exports in value, M $ US

The value of pig offal exports from Latin America and the Caribbean has declined for the second consecutive year. In 2020, exports totaled 527.1 million US dollars, down 11.6% compared to 2019. Over the 2017-2020 period, exports decreased by 9.3%, equivalent to an average annual decline of 3.2%. The highest value was in 2018 at 654.8 million US dollars, which also experienced the largest annual increase of 12.6%.

Annual dynamics of product's exports from Latin America and the Caribbean in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	12.6%	(9.0%)	(11.6%)	(3.2%)

Source: SHEV.io

From 2017 to 2020, Hong Kong, Russia, and Germany were the leading buyers of pig offal from Latin America and the Caribbean in value terms. Hong Kong represented 57.6% of exports, Russia 4.7%, and Germany 3.2%, collectively accounting for 65.5% of total export value.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Latin America and the Caribbean in value, 2017-2020

Source: SHEV.io

Imports pig offal to Latin America and the Caribbean

Imports in kind, K t

In 2020, pig offal imports into Latin America and the Caribbean reached 206.9 thousand tonnes, up 0.7% from 2019. Between 2017 and 2020, imports grew by 10.7%, with an average annual rate of 3.4%. The peak volume was in 2018 at 208.9 thousand tonnes, which saw the largest annual increase of 11.8%. In 2019, imports fell by 1.7%, the largest decline in the period.

Annual dynamics of product's imports to Latin America and the Caribbean in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	11.8%	(1.7%)	0.7%	3.4%

Source: SHEV.io

From 2017 to 2020, the United States and Canada together dominated pig offal imports into Latin America and the Caribbean in volume terms, accounting for 83.4% of total imports. Other countries contributed to a more diverse but smaller share.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Latin America and the Caribbean in kind, 2017-2020

Source: SHEV.io

Imports in value, M $ US

After two years of growth, pig offal import values into Latin America and the Caribbean dropped in 2020. Imports stood at 538.5 million US dollars, a significant decrease of 16.5% year-over-year. Over the 2017-2020 period, imports increased by 8.1%, with an average annual growth rate of 2.6%. The highest value was recorded in 2019 at 644.7 million US dollars, while 2018 saw the largest annual increase of 21.4%.

Annual dynamics of product's imports to Latin America and the Caribbean in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	21.4%	6.6%	(16.5%)	2.6%

Source: SHEV.io

Throughout 2017 to 2020, the United States, China, and Canada were the key partners for pig offal imports into Latin America and the Caribbean in value terms. The United States accounted for 56.9% of imports, China for 15.6%, and Canada for 8.1%, together making up 80.6% of total import value.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Latin America and the Caribbean in value, 2017-2020

Source: SHEV.io