Wednesday, September 7, 2022
HomeMeatColombia's demand for U.S. pink meat continues to broaden

Colombia’s demand for U.S. pink meat continues to broaden


After a sluggish begin to the yr U.S. pork exports to Colombia rebounded strongly within the second quarter, and at the moment are 10% forward of final yr’s file tempo. Beef exports are additionally hovering, up 55% in quantity and 78% in worth over 2021. U.S. Meat Export Federation consultant Don Mason says U.S. pink meat has a rising presence in Columbia’s quickly increasing retail sector.

“The consumption of pork on a per capita foundation in Colombia has grown to virtually 12 kilos per particular person per yr and so super progress in that demand for pork. They’ve a home trade that’s making an attempt to assist sustain with that demand, however they can not do it. I imply, they do not have the capability to broaden that quick. And so yearly, we have primarily been in a position to seize increasingly market share as a result of we’re filling a much bigger and greater gap. We’re primarily including on to what the home trade does, and filling that gap and shopper demand, however nice shopper demand on the pork facet,” Mason says.

“On the meat facet, we have got some type of fascinating issues happening proper now. Our beef market was quite a lot of selection, meats, liver, tripe, that kind of factor. Prior to now three or 4 years, we have seen extra and extra muscle cuts entering into there. After which over the previous two years, a number of floor beef, as a result of there is a hamburger craze in Colombia and hamburger outlets popping up throughout, and so they love U.S product for his or her hamburgers.”

As in lots of nations, inflation is difficult the spending energy of Colombian customers, however meat demand has been very resilient.

“A lot of that within the meals sector, a lot of that and meat is definitely part of that, and so, you already know, that is that is a difficulty,” Mason says. “However I feel regardless of that, I feel this yr appears to be like fairly good for meat exports into Colombia. We have got aggressive, optimistic importers, and that is one of many keys in these nations. And so particularly in Colombia, now we have 20-25 importers who’re very satisfied that they’ll purchase excessive high quality U.S. product even at the next value and promote it at a revenue.”

Supply: U.S. Meat Export Federation, which is solely accountable for the data offered, and wholly owns the data. Informa Enterprise Media and all its subsidiaries are usually not accountable for any of the content material contained on this info asset.

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