Market research

Beef and buffalo meat market in Chile

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

Chile's beef and buffalo meat market volume expanded from 419.8 thousand tons in 2018 to a peak of 516.9 thousand tons in 2021, while its value rose from 1 941 million US dollars to 2 592 million over the same period. This growth was primarily driven by a surge in imports, which reached 324.3 thousand tons in 2021.

After 2021, the market contracted in both volume and value, falling to 431.9 thousand tons and 2 312 million US dollars by 2023. This decline coincided with a reduction in import volumes, which dropped to 264.5 thousand tons in 2023. Domestic production gradually decreased from 223.4 thousand tons in 2020 to 187.6 thousand tons in 2023.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2023
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2023
    2. 4.1.2.2. Imports, 2018-2025
    3. 4.1.2.3. Exports, 2018-2025
    4. 4.1.2.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Chile
  1. 5.1.1. Annual dynamics of production in Chile in kind, 2018-2023, K t
  2. 5.1.2. Annual dynamics of production in Chile in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's exports from Chile in kind, 2018-2025, K t
    2. 6.1.2.2. Dynamics of product's exports in kind from Chile by countries, 2018-2025, K t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.1.3. Exports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Chile in value, 2018-2025, M $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Chile by countries, 2018-2025, M $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Chile, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Chile by countries, 2018-2025, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's exports from Chile in kind, 2018-2025, K t
    2. 6.2.2.2. Dynamics of product's exports in kind from Chile by countries, 2018-2025, K t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.2.3. Exports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Chile in value, 2018-2025, M $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Chile by countries, 2018-2025, M $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Chile, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Chile by countries, 2018-2025, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's imports to Chile in kind, 2018-2025, K t
    2. 7.1.2.2. Dynamics of product's imports in kind to Chile by countries, 2018-2025, K t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.1.3. Imports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Chile in value, 2018-2025, M $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Chile by countries, 2018-2025, M $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Chile, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Chile by countries, 2018-2025, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's imports to Chile in kind, 2018-2025, K t
    2. 7.2.2.2. Dynamics of product's imports in kind to Chile by countries, 2018-2025, K t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.2.3. Imports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Chile in value, 2018-2025, M $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Chile by countries, 2018-2025, M $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Chile, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Chile by countries, 2018-2025, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production beef and buffalo meat in Chile

In kind, 2018-2021, K t

Top producers of beef and buffalo meat, 2018-2021

Source: SHEV.io

World map of production of beef and buffalo meat, 2018-2021

Source: SHEV.io

Chile's beef and buffalo meat production declined after two years of growth. In 2021, production reached 210.0 K t, marking a 6.0% year-over-year decrease. From 2018 to 2021, overall production increased by 5.3%, averaging 1.8% annually. The peak was recorded in 2020 at 223.4 K t, with the largest annual increase of 7.2% also occurring that year.

Annual dynamics of production in Chile in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	4.5%	7.2%	(6.0%)	1.8%

Source: SHEV.io

In value, 2018-2021, M $ US

In 2021, the value of beef and buffalo meat production in Chile was 952.5 M $ US, showing a modest 9.4% increase from 2020. Over the 2018-2021 period, production value rose by 12%, with a compound annual growth rate of 3.8%. The largest decline occurred in 2020, at 0.5%.

Annual dynamics of production in Chile in value, 2018-2021, M $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	2.9%	(0.5%)	9.4%	3.8%

Source: SHEV.io

Exports beef and buffalo meat from Chile

Exports in kind, K t

Market performance showed noticeable fluctuations during this period. Exports reached their lowest point in 2018 and peaked in 2020, with a 2.5-fold difference between these years. In 2021, Chile exported 17.4 K t of beef and buffalo meat, a 27.0% decrease from 2020. The maximum volume was recorded in 2020 at 23.9 K t, while the largest increase of 100.9% occurred in 2019.

Annual dynamics of product's exports from Chile in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	100.9%	24.6%	(27.0%)	22.3%

Source: SHEV.io

From 2018 to 2021, Chile's beef and buffalo meat exports were heavily concentrated on China, which accounted for 83.0% of total export volume. Other partners made up the remaining share.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Chile in kind, 2018-2021

Source: SHEV.io

Exports in value, M $ US

Market behavior was volatile during these years. Export values dropped to their minimum in 2018 and climbed to their maximum in 2020, representing a 2.3-fold shift. In 2021, Chile's beef and buffalo meat export value reached 79 M $ US, reflecting a 15.1% drop from 2020. The peak value was recorded in 2020 at 93 M $ US, with the largest increase of 97.8% occurring in 2019.

Annual dynamics of product's exports from Chile in value, 2018-2021, M $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	97.8%	15.7%	(15.1%)	24.8%

Source: SHEV.io

Throughout 2018-2021, China was the primary buyer of Chilean beef and buffalo meat, accounting for 77.8% of total export value. Other partners held relatively modest shares.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Chile in value, 2018-2021

Source: SHEV.io

Imports beef and buffalo meat to Chile

Imports in kind, K t

In 2021, Chile's beef and buffalo meat import volume stood at 324.3 K t, up 26.3% from the previous year. Between 2018 and 2021, imports increased by 41%, averaging 12.1% annually. The largest decline was recorded in 2020 at 0.9%.

Annual dynamics of product's imports to Chile in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	12.6%	(0.9%)	26.3%	12.1%

Source: SHEV.io

From 2018 to 2021, Brazil and Paraguay accounted for the majority of Chile's beef and buffalo meat imports by volume, while other markets played a less significant role.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Chile in kind, 2018-2021

Source: SHEV.io

Imports in value, M $ US

Chile's beef and buffalo meat import value increased for the second consecutive year. In 2021, imports amounted to 1 718 M $ US, showing a 56.9% gain from 2020. Over the 2018-2021 period, import value rose by 51.9%, with a compound annual growth rate of 14.9%. The minimum value was recorded in 2019 at 1 090 M $ US, and the largest decline of 3.6% also occurred that year.

Annual dynamics of product's imports to Chile in value, 2018-2021, M $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(3.6%)	0.4%	56.9%	14.9%

Source: SHEV.io

From 2018 to 2021, the leading sources for Chile's beef and buffalo meat imports by value were Brazil (38.3% of import value), Paraguay (38.3%), and Argentina (15.9%). Together, these three countries accounted for 92.4% of total import flows.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Chile in value, 2018-2021

Source: SHEV.io