Milk powder with fat content of ≤1.5% market in Chile

Earlier Report Observations

The Chilean market for milk powder with a fat content of ≤1.5% grew to a peak of 29 285 t in 2019 before entering a prolonged contraction, falling to 17 145 t by 2023. In value terms, the market followed a similar trajectory, reaching $80.7 million in 2019 and then declining to $53.1 million in 2023. This reduction in overall market volume coincided with a steady drop in imports, which nearly halved from 13 309 t in 2018 to 6 231 t in 2023.

Parallel to the import decline, Chilean exports of this milk powder category expanded significantly, rising from 1 202 t in 2018 to 3 404 t in 2023. This shift towards greater export orientation continued into 2024 and 2025, with exports reaching 5 669 t and 4 664 t respectively, while import volumes remained below their 2018-2019 levels. Domestic production volumes remained relatively stable throughout the period, fluctuating between 14 000 t and 16 000 t annually.

Production milk powder with fat content of ≤1.5% in Chile

In kind, 2018-2021, t

Top producers of milk powder with fat content of ≤1.5%, 2018-2021

World map of production of milk powder with fat content of ≤1.5%, 2018-2021

In 2021, Chile produced 14,318 tons of milk powder with a fat content of ≤1.5%, marking a 1.3% increase from the previous year. Over the period from 2018 to 2021, production grew by 5.6%, with an average annual growth rate of 1.8%. The highest production level was recorded in 2019 at 16,186 tons, which represented a 19.4% increase that year. However, production saw its largest decline in 2020, dropping by 12.7%.

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

In value, 2018-2021, K $ US

In 2021, the output of milk powder with a fat content of ≤1.5% in Chile was valued at 48,295 thousand US dollars, reflecting a 6.4% rise compared to 2020. From 2018 to 2021, production value increased by 34.1%, translating to an annualized growth rate of 10.3%. The peak value occurred in 2019 at 49,332 thousand US dollars, which saw a 37.0% increase that year. The largest decline was in 2020, with an 8.0% drop.

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

Exports milk powder with fat content of ≤1.5% from Chile

Exports in kind, t

The data shows irregular changes, indicating a volatile market environment. Exports varied significantly, with a low of 403 tons in 2019 and a high in 2018, resulting in a threefold difference between these years. In 2019, exports experienced their largest decline of 66.5%. By 2021, Chile exported 963 tons of milk powder with a fat content of ≤1.5%, representing a sharp increase of 81.4% compared to the previous year.

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

From 2018 to 2021, exports of milk powder with a fat content of ≤1.5% from Chile were almost entirely directed to Brazil, which accounted for 92.1% of total export flows.

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

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

Exports in value, K $ US

The market exhibited an unstable trend throughout the timeframe. Export values varied 2.6 times, with a low of 1,227 thousand US dollars in 2019 and a high in 2021. In 2019, exports saw their largest decline of 61.6%. By 2021, Chile's export volume of milk powder with a fat content of ≤1.5% reached 3,249 thousand US dollars, indicating a 90.4% increase over the past year.

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

From 2018 to 2021, virtually all exports in value terms of milk powder with a fat content of ≤1.5% from Chile were associated with Brazil, whose share reached 91.5% of total flows.

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

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

Imports milk powder with fat content of ≤1.5% to Chile

Imports in kind, t

After a two-year advance, imports of milk powder with a fat content of ≤1.5% into Chile declined. In 2021, Chile imported 11,012 tons, equivalent to a significant decline of 19.3% compared to 2020. Over the period from 2018 to 2021, imports decreased by 17.3%, with an average annual decline rate of 6.1%. The maximum import volume was recorded in 2020 at 13,648 tons, while the largest increase occurred in 2019 at 1.4%.

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

From 2018 to 2021, the United States was the dominant market for imports in kind of milk powder with a fat content of ≤1.5% into Chile, taking 86.4% of total flows, while other countries together accounted for the residual share.

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

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

Imports in value, K $ US

After a two-year gain, Chile's imports of milk powder with a fat content of ≤1.5% declined. In 2021, the import volume reached 31,860 thousand US dollars, marking a gradual decline of 5.2% year-over-year. Between 2018 and 2021, imports increased by 22%, equating to an annualized growth rate of 6.9%. The peak value was recorded in 2020 at 33,609 thousand US dollars, with the largest increase occurring in 2019 at 24.9%.

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

Throughout 2018 to 2021, the United States clearly dominated imports in value terms of milk powder with a fat content of ≤1.5% into Chile, taking 83.9% of total flows, whereas other countries each held significantly smaller shares.

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

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