Chile: Market for Flours, Meals And Pellets Of Meat Or Meat Offal 2024

Market Size for Flours, Meals And Pellets Of Meat Or Meat Offal in Chile

In 2022, the Chilean meat meals and pellets market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Meat meals and pellets consumption peaked in 2022 and is expected to retain growth in the near future.

Production of Flours, Meals And Pellets Of Meat Or Meat Offal in Chile

In value terms, meat meals and pellets production surged to $X in 2022 estimated in export price. Overall, production enjoyed a significant increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

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Exports of Flours, Meals And Pellets Of Meat Or Meat Offal

Exports from Chile

In 2022, the amount of flours, meals and pellets of meat or meat offal exported from Chile dropped to X tons, with a decrease of X% compared with 2021 figures. Over the period under review, exports, however, enjoyed strong growth. The growth pace was the most rapid in 2020 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, meat meals and pellets exports rose sharply to $X in 2022. Overall, exports, however, continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Peru (X tons) was the main destination for meat meals and pellets exports from Chile, with a X% share of total exports. It was followed by Ecuador (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Peru totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (X% per year) and Brazil (X% per year).

In value terms, Peru ($X) remains the key foreign market for flours, meals and pellets of meat or meat offal exports from Chile, comprising X% of total exports. The second position in the ranking was held by Ecuador ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Peru stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (X% per year) and Brazil (X% per year).

Export Prices by Country

The average meat meals and pellets export price stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Peru ($X 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 Ecuador (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flours, Meals And Pellets Of Meat Or Meat Offal

Imports into Chile

In 2022, approx. X tons of flours, meals and pellets of meat or meat offal were imported into Chile; picking up by X% on 2021 figures. Over the period under review, total imports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, meat meals and pellets imports surged to $X in 2022. Overall, imports continue to indicate buoyant growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

Imports by Country

Brazil (X tons), France (X tons) and Germany (X tons) were the main suppliers of meat meals and pellets imports to Chile, together comprising X% of total imports. The United States, Spain, Paraguay, the UK and Italy lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), France ($X) and Germany ($X) appeared to be the largest meat meals and pellets suppliers to Chile, together comprising X% of total imports. The United States, Spain, Paraguay, the UK and Italy lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, the UK, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average meat meals and pellets import price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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