Chile: Meat-Preparation Industrial Machinery Market 2024

Meat-Preparation Industrial Machinery Market Size in Chile

In 2022, the Chilean meat-preparation industrial machinery market increased by 4.6% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption posted strong growth. Meat-preparation industrial machinery consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Meat-Preparation Industrial Machinery Exports

Exports from Chile

In 2022, exports of industrial machinery for the preparation of meat or poultry from Chile declined dramatically to X units, waning by -33.7% on the previous year. Over the period under review, exports, however, posted mild growth. The pace of growth was the most pronounced in 2017 with an increase of 647% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, meat-preparation industrial machinery exports reduced dramatically to $X in 2022. Overall, exports saw a abrupt setback. The growth pace was the most rapid in 2017 when exports increased by 756%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Bolivia (X units), Mexico (X units) and Peru (X units) were the main destinations of meat-preparation industrial machinery exports from Chile, with a combined 90% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +592.8%), while the other leaders experienced more modest paces of growth.

In value terms, Bolivia ($X), Colombia ($X) and Peru ($X) constituted the largest markets for meat-preparation industrial machinery exported from Chile worldwide, with a combined 96% share of total exports. Uruguay and Mexico lagged somewhat behind, together comprising a further 3.5%.

In terms of the main countries of destination, Uruguay, with a CAGR of +44.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average meat-preparation industrial machinery export price amounted to $X per unit, which is down by -24.6% against the previous year. In general, the export price recorded a deep contraction. The growth pace was the most rapid in 2014 an increase of 285% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 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 Colombia ($X per unit), while the average price for exports to Mexico ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+26.2%), while the prices for the other major destinations experienced more modest paces of growth.

Meat-Preparation Industrial Machinery Imports

Imports into Chile

In 2022, imports of industrial machinery for the preparation of meat or poultry into Chile reached X units, picking up by 14% on the previous year's figure. Overall, imports posted a strong expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 115% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, meat-preparation industrial machinery imports shrank to $X in 2022. In general, imports continue to indicate temperate growth. The pace of growth was the most pronounced in 2016 when imports increased by 75%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Mexico (X units) constituted the largest supplier of meat-preparation industrial machinery to Chile, with a 53% share of total imports. Moreover, meat-preparation industrial machinery imports from Mexico exceeded the figures recorded by the second-largest supplier, Spain (X units), fivefold. The third position in this ranking was held by Italy (X units), with a 6.8% share.

From 2012 to 2022, the average annual growth rate of volume from Mexico totaled +17.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+20.5% per year) and Italy (+0.9% per year).

In value terms, Germany ($X) constituted the largest supplier of industrial machinery for the preparation of meat or poultry to Chile, comprising 37% of total imports. The second position in the ranking was held by China ($X), with a 16% share of total imports. It was followed by Spain, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+7.9% per year) and Spain (+13.1% per year).

Import Prices by Country

The average meat-preparation industrial machinery import price stood at $X per unit in 2022, declining by -18.9% against the previous year. Overall, the import price recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2021 an increase of 34%. Over the period under review, average import prices reached the maximum at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a 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 Germany ($X per unit), while the price for Mexico ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iceland (+49.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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