Chile: Meat And Poultry Market 2024

Meat And Poultry Market Size in Chile

The Chilean meat and poultry market fell to $X in 2022, declining by X% against the previous year. In general, consumption, however, showed a slight expansion. As a result, consumption attained the peak level of $X, and then dropped in the following year.

Meat And Poultry Production in Chile

In value terms, meat and poultry production fell to $X in 2022 estimated in export price. In general, production, however, recorded a slight descent. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

The average yield of meat and poultry in Chile totaled X kg per head in 2022, leveling off at 2021. Over the period under review, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The meat and poultry yield peaked at X kg per head in 2012; however, from 2013 to 2022, the yield remained at a lower figure.

In 2022, approx. X heads of animals slaughtered for meat and poultry production in Chile; therefore, remained relatively stable against the previous year's figure. This number increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, this number hit record highs at X heads in 2019; however, from 2020 to 2022, producing animals failed to regain momentum.

Meat And Poultry Exports

Exports from Chile

In 2022, the amount of meat and poultry exported from Chile amounted to X tons, picking up by X% on the previous year. Overall, total exports indicated a prominent expansion 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, exports decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, meat and poultry exports expanded remarkably to $X in 2022. Over the period under review, total exports indicated a resilient expansion 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, exports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

China (X tons), the United States (X tons) and Mexico (X tons) were the main destinations of meat and poultry exports from Chile, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and South Korea ($X) constituted the largest markets for meat and poultry exported from Chile worldwide, together accounting for X% of total exports.

China, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average meat and poultry export price amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Peru ($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 Anguilla (X%), while the prices for the other major destinations experienced more modest paces of growth.

Meat And Poultry Imports

Imports into Chile

Meat and poultry imports into Chile reduced dramatically to X tons in 2022, with a decrease of X% against the previous year. Overall, imports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Imports peaked at X tons in 2021, and then fell dramatically in the following year.

In value terms, meat and poultry imports contracted to $X in 2022. In general, imports, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

Brazil (X tons), Paraguay (X tons) and the United States (X tons) were the main suppliers of meat and poultry imports to Chile, together comprising X% of total imports. Argentina, Spain and Uruguay 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 Spain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest meat and poultry suppliers to Chile were Brazil ($X), Paraguay ($X) and Argentina ($X), with a combined X% share of total imports. The United States, Uruguay and Spain lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Spain, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average meat and poultry import price amounted to $X per ton, surging by X% against the previous year. In general, the import price, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Uruguay ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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