The Resurgence of Chile’s Dairy Industry
Source: dairynews.today
Chile's dairy sector sees a boost in production and exports, showing a promising outlook for 2025.
After an extended period of challenges, the Chilean dairy industry concluded 2024 on a high note with increased milk production and exports, setting an optimistic scene for 2025. According to Fedeleche, the reception of raw milk increased by 3.3%, coupled with a rise in the production of dairy products such as powdered milk, butter, and 'manjar'.
The cumulative raw milk reception from January to December 2024 reached 2,232.4 million liters, marking a 3.3% increase from 2023. This surge represents an annual increase of 72.3 million liters, aiding the country's industry in reclaiming the growth lost over the years. Regional variations were notable, with Ñuble, La Araucanía, and Los Ríos experiencing growth, contrasting with declines in the Metropolitan region, Bio-Bio, and Los Lagos.
The average real price paid to producers fell by 2.6%, averaging $440.47 per liter. Nevertheless, the production of dairy goods rose in 2024, with powdered milk witnessing a significant 16% increase. Export-wise, Chile’s dairy products totaled 380.3 million liters, a 37.6% jump from 2022, amassing financially to US$ 261.8 million, marking a 17.4% boost from the previous year. Conversely, imports decreased by 3.5%, totaling 792.2 million liters, and a value decline of 6.4% to US$ 474.1 million. As Chile moves into 2025, the industry is poised for further growth, driven by increased production and export activities.
The cumulative raw milk reception from January to December 2024 reached 2,232.4 million liters, marking a 3.3% increase from 2023. This surge represents an annual increase of 72.3 million liters, aiding the country's industry in reclaiming the growth lost over the years. Regional variations were notable, with Ñuble, La Araucanía, and Los Ríos experiencing growth, contrasting with declines in the Metropolitan region, Bio-Bio, and Los Lagos.
The average real price paid to producers fell by 2.6%, averaging $440.47 per liter. Nevertheless, the production of dairy goods rose in 2024, with powdered milk witnessing a significant 16% increase. Export-wise, Chile’s dairy products totaled 380.3 million liters, a 37.6% jump from 2022, amassing financially to US$ 261.8 million, marking a 17.4% boost from the previous year. Conversely, imports decreased by 3.5%, totaling 792.2 million liters, and a value decline of 6.4% to US$ 474.1 million. As Chile moves into 2025, the industry is poised for further growth, driven by increased production and export activities.
