Pig offal market in South America

Earlier Report Observations

From 2018 to 2023, the South American pig offal market grew steadily in volume, with consumption increasing from 255 thousand tonnes to 364 thousand tonnes, a rise of 43%. The expansion accelerated after 2020, adding nearly 70 thousand tonnes to the market over three years.

The growth was largely driven by new export opportunities that boosted regional production. In 2022, Chile opened its market to edible offal from Brazil, creating a direct export channel for South American processors and incentivizing higher output. This was supported by a global culinary trend toward 'nose-to-tail' cooking and greater appreciation for offal's nutritional value, which reinforced demand across the continent.

In value terms, the market fluctuated due to price changes, reaching a peak of 989 million US dollars in 2021 before moderating. Despite these price variations, the underlying volume growth remained robust, reflecting sustained consumption of pig offal in South America.

Production pig offal in South America

In kind, 2017-2020, K t

Top producers of pig offal, 2017-2020

World map of production of pig offal, 2017-2020

South America's pig offal production has increased for the third consecutive year. In 2020, the region produced 469.0 K t of pig offal, marking a modest 6.4% increase compared to 2019. From 2017 to 2020, production grew by 15.6%, which translates to an annualized growth rate of 4.9%.

Annual dynamics of production in South America in kind, 2017-2020, K t

In value, 2017-2020, M $ US

South America's pig offal production value has declined for the second consecutive year. In 2020, output was valued at 1 124 M $ US, representing a 5.6% decrease from 2019. However, between 2017 and 2020, production value increased by 3.1%, with an annualized growth rate of 1.0%. The highest value was recorded in 2018 at 1 295 M $ US, which saw an 18.7% increase. The largest decline occurred in 2019, with an 8.0% drop.

Annual dynamics of production in South America in value, 2017-2020, M $ US

Exports pig offal from South America

Exports in kind, K t

In 2020, pig offal exports from South America amounted to 203.8 K t, a 2.1% decrease compared to 2019. The highest export volume was recorded in 2019 at 208.1 K t, which saw a 1.2% increase.

Annual dynamics of product's exports from South America in kind, 2017-2020, K t

From 2017 to 2020, Hong Kong (50.6% of exports in kind), South Africa (4.5% of exports in kind), and Angola (4.4% of exports in kind) remained the top buyers of pig offal from South America, collectively accounting for 59.5% of total exports in kind.

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

World map of product's exports from South America in kind, 2017-2020

Exports in value, M $ US

Cross-border shipments of pig offal from South America have declined for the second consecutive year. In 2020, exports were valued at 488.5 M $ US, a significant 13.2% decrease from 2019. Over the period 2017-2020, exports decreased by 12.4%, with a compound annual growth rate (CAGR) of -4.3%. The highest value was recorded in 2018 at 625.7 M $ US, which saw a 12.1% increase.

Annual dynamics of product's exports from South America in value, 2017-2020, M $ US

Throughout 2017–2020, Hong Kong (59.7% of exports in value terms), Russia (5.0% of exports in value terms), and Germany (3.4% of exports in value terms) formed the key group of partners for pig offal exports from South America, jointly representing 68.1% of total export value.

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

World map of product's exports from South America in value, 2017-2020

Imports pig offal to South America

Imports in kind, K t

The volume of pig offal imports into South America has declined for the second consecutive year. In 2020, imports reached 30.4 K t, a moderate 7.5% decrease compared to 2019. Between 2017 and 2020, imports decreased by 4.3%, equating to an annualized decline of 1.4%. The highest import volume was recorded in 2018 at 34.7 K t, which saw a 9.0% increase.

Annual dynamics of product's imports to South America in kind, 2017-2020, K t

The partner structure for imports in kind from 2017 to 2020 was fragmented, with China (23.0% of imports in kind), the United States (11.4% of imports in kind), and Germany (9.2% of imports in kind) together accounting for only 43.5% of total flows, and no single country holding a dominant share.

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

World map of product's imports to South America in kind, 2017-2020

Imports in value, M $ US

Pig offal imports into South America have declined for the second consecutive year. In 2020, imports came to 215.9 M $ US, down by 12.7% year-over-year. However, between 2017 and 2020, imports increased by 18.6%, with an annualized growth rate of 5.9%. The highest value was recorded in 2018 at 251.7 M $ US, which saw a 38.3% increase.

Annual dynamics of product's imports to South America in value, 2017-2020, M $ US

From 2017 to 2020, China (39.7% of imports in value terms), Germany (13.6% of imports in value terms), and the United States (11.5% of imports in value terms) continued to lead as the top suppliers of pig offal to South America, jointly accounting for 64.9% of total import value.

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

World map of product's imports to South America in value, 2017-2020