Chile: Bacon And Ham Market 2024

Bacon And Ham Market Size in Chile

The Chilean bacon and ham market fell slightly to $X in 2022, declining by X% against the previous year. In general, consumption, however, showed a abrupt slump. Bacon and ham consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Bacon And Ham Production in Chile

In value terms, bacon and ham production declined slightly to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Bacon And Ham Exports

Exports from Chile

In 2022, shipments abroad of bacon, ham and other dried, salted or smoked pig meat decreased by X% to X kg, falling for the fourth consecutive year after four years of decline. In general, exports saw a dramatic setback. The most prominent rate of growth was recorded in 2014 with an increase of X%. 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, bacon and ham exports amounted to $X in 2022. Over the period under review, exports showed a precipitous descent. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Cuba (X kg) was the main destination for bacon and ham exports from Chile, accounting for a X% share of total exports. Moreover, bacon and ham exports to Cuba exceeded the volume sent to the second major destination, New Zealand (X kg), twofold. The third position in this ranking was held by Australia (X kg), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Cuba amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (X% per year) and Australia (X% per year).

It was followed by New Zealand, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Cuba stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and New Zealand (X% per year).

Export Prices by Country

The average bacon and ham export price stood at $X per ton in 2022, approximately mirroring the previous year. Over the period under review, the export price posted modest growth. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton 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 the United States ($X per ton), while the average price for exports to New Zealand ($X per ton) 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 (X%), while the prices for the other major destinations experienced a decline.

Bacon And Ham Imports

Imports into Chile

In 2022, the amount of bacon, ham and other dried, salted or smoked pig meat imported into Chile rose significantly to X tons, increasing by X% compared with the year before. Overall, imports continue to indicate buoyant growth. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, bacon and ham imports reduced to $X in 2022. In general, imports posted buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

In 2022, Spain (X tons) constituted the largest bacon and ham supplier to Chile, with a X% share of total imports. Moreover, bacon and ham imports from Spain exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold. The third position in this ranking was held by Italy (X tons), with a X% share.

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

In value terms, Spain ($X) constituted the largest supplier of bacon, ham and other dried, salted or smoked pig meat to Chile, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average bacon and ham import price amounted to $X per ton, with a decrease of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, import price reached the peak level of $X per ton, and then fell in the following year.

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 ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform