Chile: Frozen Whole Turkey Market 2025

Frozen Whole Turkey Market Size in Chile

The Chilean frozen whole turkey market skyrocketed to $X in 2022, jumping by 19% against the previous year. Overall, consumption showed a significant increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Frozen Whole Turkey Production in Chile

In value terms, frozen whole turkey production shrank to $X in 2022 estimated in export price. Over the period under review, production recorded a pronounced decline. The most prominent rate of growth was recorded in 2015 with an increase of 2,665% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Frozen Whole Turkey Exports

Exports from Chile

In 2022, after five years of decline, there was significant growth in shipments abroad of frozen whole turkeys, when their volume increased by 31% to X tons. Over the period under review, exports, however, recorded a dramatic downturn. The pace of growth appeared the most rapid in 2015 when exports increased by 123% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, frozen whole turkey exports surged to $X in 2022. Overall, exports, however, continue to indicate a deep slump. The pace of growth was the most pronounced in 2015 when exports increased by 141%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bolivia (X tons) was the main destination for frozen whole turkey exports from Chile, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Bolivia stood at -5.6%.

In value terms, Bolivia ($X) also remains the key foreign market for frozen whole turkeys exports from Chile.

From 2012 to 2022, the average annual growth rate of value to Bolivia stood at -3.0%.

Export Prices by Country

The average frozen whole turkey export price stood at $X per ton in 2022, increasing by 11% against the previous year. Over the last decade, it increased at an average annual rate of +4.3%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 25%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Bolivia.

From 2012 to 2022, the rate of growth in terms of prices for Mexico amounted to +3.9% per year.

Frozen Whole Turkey Imports

Imports into Chile

In 2022, purchases abroad of frozen whole turkeys increased by 28% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2016 with an increase of 188% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, frozen whole turkey imports skyrocketed to $X in 2022. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 389%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Argentina (X tons), Brazil (X tons) and the United States (X tons) were the main suppliers of frozen whole turkey imports to Chile.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +109.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Argentina ($X) and the United States ($X) were the largest frozen whole turkey suppliers to Chile.

Among the main suppliers, the United States, with a CAGR of +105.2%, recorded 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 frozen whole turkey import price stood at $X per ton in 2022, with an increase of 5% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen whole turkey import price increased by +10.7% against 2020 indices. The pace of growth was the most pronounced in 2016 when the average import price increased by 70% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 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 the United States ($X per ton), while the price for Argentina ($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 (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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