Chile - Frozen Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Frozen Pig Meat Other than Cuts or Carcases in Chile - 2023
Contents:
- Price for Frozen Pig Meat Other than Cuts or Carcases in Chile (FOB) - 2022
- Price for Frozen Pig Meat Other than Cuts or Carcases in Chile (CIF) - 2023
- Exports of Frozen Pig Meat Other than Cuts or Carcases in Chile
- Imports of Frozen Pig Meat Other than Cuts or Carcases in Chile
Price for Frozen Pig Meat Other than Cuts or Carcases in Chile (FOB) - 2022
The average export price for frozen pig meat other than cuts or carcases stood at $3,142 per ton in 2022, which is down by -7.7% against the previous year. Over the period under review, the export price showed a slight slump. The pace of growth appeared the most rapid in 2020 when the average export price increased by 12% against the previous year. The export price peaked at $3,949 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($4,874 per ton), while the average price for exports to China ($1,762 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Frozen Pig Meat Other than Cuts or Carcases in Chile (CIF) - 2023
In November 2023, the average import price for frozen pig meat other than cuts or carcases amounted to $2,035 per ton, which is down by -18.6% against the previous month. In general, the import price recorded a pronounced downturn. The pace of growth appeared the most rapid in January 2023 an increase of 125% against the previous month. Over the period under review, average import prices hit record highs at $2,857 per ton in May 2023; however, from June 2023 to November 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Spain ($2,632 per ton), while the price for the United States ($1,368 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Spain (-0.6%), while the prices for the other major suppliers experienced a decline.
Exports of Frozen Pig Meat Other than Cuts or Carcases in Chile
In 2022, shipments abroad of frozen pig meat other than cuts or carcases decreased by -15.3% to 142K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2020 when exports increased by 17%. As a result, the exports reached the peak of 184K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of frozen pig meat other than cuts or carcases contracted dramatically to $446M in 2022. In general, exports showed a mild shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 31%. As a result, the exports attained the peak of $610M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Frozen Pig Meat Other than Cuts or Carcases in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 107 | 105 | 139 | 153 | 12.7% |
| Japan | 126 | 116 | 129 | 114 | -3.3% |
| China | 145 | 357 | 235 | 75.6 | -19.5% |
| Colombia | 5.3 | 4.5 | 24.5 | 33.5 | 84.9% |
| Costa Rica | 14.3 | 3.8 | 10.4 | 14.7 | 0.9% |
| Germany | 7.9 | 5.4 | 5.1 | 9.6 | 6.7% |
| Peru | 5.8 | 4.0 | 7.0 | 8.6 | 14.0% |
| Mexico | 0.4 | 0.2 | 0.8 | 7.2 | 162.1% |
| Russia | 36.9 | 1.4 | 3.4 | 0.8 | -72.1% |
| Others | 14.4 | 11.9 | 15.2 | 28.7 | 25.8% |
| Total | 464 | 610 | 570 | 446 | -1.3% |
Top Export Markets for Frozen Pig Meat Other than Cuts or Carcases from Chile in 2022:
- China (42.9K tons)
- South Korea (31.3K tons)
- Japan (29.5K tons)
- Colombia (14.9K tons)
- Costa Rica (5.1K tons)
- Peru (3.4K tons)
- Mexico (3.2K tons)
- Germany (2.9K tons)
- Russia (0.4K tons)
Imports of Frozen Pig Meat Other than Cuts or Carcases in Chile
In 2022, purchases abroad of frozen pig meat other than cuts or carcases decreased by -35.6% to 94K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 47% against the previous year. As a result, imports attained the peak of 146K tons, and then shrank dramatically in the following year.
In value terms, imports of frozen pig meat other than cuts or carcases dropped rapidly to $223M in 2022. In general, imports recorded a slight setback. The most prominent rate of growth was recorded in 2021 when imports increased by 44%. As a result, imports attained the peak of $368M, and then shrank markedly in the following year.
| Import of Frozen Pig Meat Other than Cuts or Carcases in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 96.5 | 98.2 | 144 | 133 | 11.3% |
| United States | 110 | 128 | 98.6 | 32.6 | -33.3% |
| Spain | 5.0 | 0.7 | 14.8 | 29.0 | 79.7% |
| Germany | 0.4 | 9.0 | 75.7 | 15.5 | 238.4% |
| Canada | 14.5 | 7.7 | 8.1 | 1.8 | -50.1% |
| Others | 6.4 | 12.6 | 26.4 | 10.2 | 16.8% |
| Total | 233 | 256 | 368 | 223 | -1.5% |
Top Suppliers of Frozen Pig Meat Other than Cuts or Carcases to Chile in 2022:
- Brazil (63.9K tons)
- Spain (11.2K tons)
- United States (7.9K tons)
- Germany (6.4K tons)
- Canada (0.8K tons)
This report provides an in-depth analysis of the market for frozen pig meat other than cuts or carcases in Chile. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10113290 - Frozen pig meat (excluding carcases and half-carcases, h ams, shoulders and cuts thereof with bone in)
Country coverage:
- Chile
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Chile
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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