Chile: Overview of the Market for Sheep And Goat Meat 2019

Market Size for Sheep And Goat Meat in Chile

The revenue of the sheep and goat meat market in Chile amounted to $X in 2018, therefore, remained relatively stable against the previous year. In general, sheep and goat meat consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Sheep and goat meat consumption peaked at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Production of Sheep And Goat Meat in Chile

In value terms, sheep and goat meat production stood at $X in 2018 estimated in export prices. Over the period under review, the total output indicated a temperate increase from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sheep and goat meat production increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, sheep and goat meat production reached its maximum level at $X in 2011; however, from 2012 to 2018, production stood at a somewhat lower figure.

Exports of Sheep And Goat Meat

Exports from Chile

Sheep and goat meat exports from Chile amounted to X tonnes in 2018, surging by X% against the previous year. In general, sheep and goat meat exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Over the period under review, sheep and goat meat exports attained their peak figure at X tonnes in 2010; however, from 2011 to 2018, exports stood at a somewhat lower figure.

In value terms, sheep and goat meat exports totaled $X in 2018. Over the period under review, the total exports indicated a noticeable increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sheep and goat meat exports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2011 when exports increased by X% year-to-year. In that year, sheep and goat meat exports attained their peak of $X. From 2012 to 2018, the growth of sheep and goat meat exports remained at a somewhat lower figure.

Exports by Country

The U.S. (X tonnes), Brazil (X tonnes) and the Netherlands (X tonnes) were the main destinations of sheep and goat meat exports from Chile, together comprising X% of total exports. These countries were followed by Germany, Israel, Spain, the UK, Mexico, Denmark, France, China, Hong Kong SAR and Portugal, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Israel, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sheep and goat meat exported from Chile were the U.S. ($X), Brazil ($X) and the Netherlands ($X), together comprising X% of total exports. Israel, Germany, Spain, the UK, China, Hong Kong SAR, Denmark, Mexico, France and Portugal lagged somewhat behind, together accounting for a further X the main countries of destination, China, Hong Kong SAR experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sheep and goat meat export price stood at $X per tonne in 2018, growing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. In that year, the average export prices for sheep and goat meat attained their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the average export prices for sheep and goat meat remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was China, Hong Kong SAR ($X per tonne), while the average price for exports to Mexico ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to China, Hong Kong SAR, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sheep And Goat Meat

Imports into Chile

In 2018, the imports of sheep and goat meat into Chile amounted to X tonnes, dropping by -X% against the previous year. Overall, sheep and goat meat imports continue to indicate an abrupt decrease. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Imports peaked at X tonnes in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

In value terms, sheep and goat meat imports stood at $X in 2018. Overall, sheep and goat meat imports continue to indicate a deep drop. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, sheep and goat meat imports reached their maximum at $X in 2014; however, from 2015 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, New Zealand (X tonnes) constituted the largest supplier of sheep and goat meat to Chile, accounting for a X% share of total imports. Moreover, sheep and goat meat imports from New Zealand exceeded the figures recorded by the second-largest supplier, Argentina (X tonnes), twofold.

From 2007 to 2018, the average annual rate of growth in terms of volume from New Zealand totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (-X% per year) and the U.S. (-X% per year).

In value terms, the largest sheep and goat meat suppliers to Chile were New Zealand ($X), Argentina ($X) and the U.S. ($X), with a combined X% share of total imports.

Among the main suppliers, New Zealand recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2018, the average sheep and goat meat import price amounted to $X per tonne, rising by X% against the previous year. Overall, the import price indicated a conspicuous expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sheep and goat meat import price increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The import price peaked at $X per tonne in 2012; however, from 2013 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Argentina ($X per tonne), while the price for the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Argentina, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform