Chile: Market for Prepared Or Preserved Shoulders And Cuts Of Swine Meat 2025

Market Size for Prepared Or Preserved Shoulders And Cuts Of Swine Meat in Chile

After three years of growth, the Chilean preserved swine meat cut market decreased by -19.9% to $X in 2021. In general, consumption saw a slight reduction. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Production of Prepared Or Preserved Shoulders And Cuts Of Swine Meat in Chile

In value terms, preserved swine meat cut production declined to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 29% against the previous year. As a result, production attained the peak level of $X, and then declined in the following year.

Exports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Exports from Chile

In 2021, shipments abroad of prepared or preserved shoulders and cuts of swine meat increased by 19% to X tons, rising for the fifth year in a row after three years of decline. In general, exports continue to indicate a mild increase. The growth pace was the most rapid in 2017 when exports increased by 57%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, preserved swine meat cut exports surged to $X in 2021. Overall, exports recorded a pronounced expansion. The most prominent rate of growth was recorded in 2018 with an increase of 54%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

Japan (X tons) was the main destination for preserved swine meat cut exports from Chile, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Japan stood at +1.4%.

In value terms, Japan ($X) also remains the key foreign market for prepared or preserved shoulders and cuts of swine meat exports from Chile.

From 2012 to 2021, the average annual rate of growth in terms of value to Japan stood at +3.8%.

Export Prices by Country

In 2021, the average preserved swine meat cut export price amounted to $X per ton, shrinking by -2.4% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2014 when the average export price increased by 46% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Japan amounted to +2.3% per year.

Imports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Imports into Chile

Preserved swine meat cut imports into Chile surged to X tons in 2021, jumping by 219% against 2020. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2016 when imports increased by 16,492%. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in the near future.

In value terms, preserved swine meat cut imports skyrocketed to $X in 2021. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of 13,558% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, Spain (X tons) was the main supplier of preserved swine meat cut to Chile, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain amounted to +72.7%.

In value terms, Spain ($X) constituted the largest supplier of prepared or preserved shoulders and cuts of swine meat to Chile.

From 2012 to 2021, the average annual growth rate of value from Spain amounted to +70.7%.

Import Prices by Country

The average preserved swine meat cut import price stood at $X per ton in 2021, waning by -5.4% against the previous year. Over the period under review, the import price showed a mild contraction. The most prominent rate of growth was recorded in 2019 an increase of 7.2%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2021, the rate of growth in terms of prices for Spain amounted to -1.2% per year.

Source: IndexBox Platform

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