At the end of the first quarter of the year, hog slaughter increased 0.8% compared to the same period of the previous year, going from 1,383,294 to 1,394,698 head. Similarly, pork production increased by 0.7% in the same period, reaching 144,000 tons.
Regarding international trade, exports reached 54,200 t in the first quarter of the year, representing a 22.9% drop compared to the same period of the previous year (70,200 t). Likewise, imports saw a decrease of 43.7% compared to the first quarter of 2021, going from 37,700 t to 21,300 t. Finally, estimates for per capita consumption show a growth of 0.5% during this period, from 22.7 to 22.9 kg/inhabitant.
Yearly forecast
According to the latest livestock and poultry estimates report published on April 6 by the USDA's Foreign Agricultural Service, pork production in Chile in 2022 will reach a total of 595,000 t, representing a growth of 1% compared to 2021. As for exports, the entity estimates that these will fall by 6.7% compared to the previous year, reaching 250,000 t. Likewise, imports would decrease by 6.4%, reaching 175,000 tons.
Written by the Economic Analysis Department of 333 Latin America with data from: ODEPA | Chile. https://www.odepa.gob.cl/ | Foreign Agricultural Service USDA | United States. https://apps.fas.usda.gov/