Chile: Preserved Swine Meat Market 2025

Preserved Swine Meat Market Size in Chile

The Chilean preserved swine meat market declined to $X in 2021, which is down by -3.9% against the previous year. Over the period under review, consumption saw a abrupt decrease. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Preserved Swine Meat Production in Chile

In value terms, preserved swine meat production reduced to $X in 2021 estimated in export price. Overall, production showed a deep downturn. The pace of growth appeared the most rapid in 2014 with an increase of 12% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Preserved Swine Meat Exports

Exports from Chile

In 2021, shipments abroad of prepared or preserved hams and cuts of swine meat decreased by -11.4% to X tons, falling for the fifth consecutive year after two years of growth. In general, exports, however, saw a strong expansion. The growth pace was the most rapid in 2013 with an increase of 255% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, preserved swine meat exports fell remarkably to $X in 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by 300%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Peru (X tons) and Ecuador (X tons) were the main destinations of preserved swine meat exports from Chile.

From 2012 to 2021, the biggest increases were recorded for Peru (with a CAGR of +30.4%).

In value terms, the largest markets for preserved swine meat exported from Chile were Ecuador ($X) and Peru ($X).

Peru, with a CAGR of +4.4%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average preserved swine meat export price stood at $X per ton in 2021, shrinking by -7.6% against the previous year. Over the period under review, the export price faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 13%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Ecuador ($X per ton), while the average price for exports to Peru amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (-8.2%).

Preserved Swine Meat Imports

Imports into Chile

In 2021, purchases abroad of prepared or preserved hams and cuts of swine meat increased by 119% to X tons, rising for the second consecutive year after three years of decline. In general, imports saw a significant increase. The growth pace was the most rapid in 2016 with an increase of 199% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, preserved swine meat imports soared to $X in 2021. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States (X tons), Brazil (X tons) and Spain (X tons) were the main suppliers of preserved swine meat imports to Chile, together comprising 80% of total imports.

From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of +463.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Spain ($X) and Brazil ($X) constituted the largest preserved swine meat suppliers to Chile, together comprising 89% of total imports.

In terms of the main suppliers, Brazil, with a CAGR of +606.2%, 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 preserved swine meat import price stood at $X per ton in 2021, growing by 16% against the previous year. Overall, the import price, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2017 an increase of 41% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+25.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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