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Chile: increase in the value of pork exports

2011 ended with a total of 443.155 million dollars in pork exports, which represented an increase of 26% in export value.

Friday 8 June 2012 (6 years 6 months 7 days ago)
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2011 ended with a total of 443.155 million dollars in pork exports, which represented an increase of 26% in export value, a figure boosted by a recovery in the Japanese market. The main destinations for exports of pork were Japan (43%) South Korea (25%), EU (7%) and Central and South America 14%.

An important fact to note is that Chile has managed to remain the third largest supplier of pork to South Korea, despite facing unfavorable market conditions, such as loss of competitiveness in the Asian nation-opening with a product quota at zero, a duty that was required of some individual countries to meet domestic shortages, and the outbreak of FMD in Korea. Moreover, the announcement of the opening of the Chinese market for Chilean pork in 2011 has been great news, because it allows pork producers to access a market of enormous proportions. This first year of exports to China were shipped FOB 3.1%.

As for the consumption of pork in 2011 there was an increase of 3.7 percent, in line with the country's economic growth and lower availability of beef in the market.

At the same time, it is noteworthy that the growth trend being recorded for imports of pork, today means that 7 percent of domestic consumption is covered by imported meat. Throughout 2011 imports grew by 18.6% over the previous year and 165% compared to 2009.

May 2012/ ASPROCER/ Chile.
http://www.asprocer.cl

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