CHILE - Chilean beef imports in 2014 fell by 1.5 per cent year-on-year, to 147,667 tonnes.
Meat and Livestock Australia analysts said that frozen beef imports dropped by 24 per cent, to 7,448 while fresh/chilled imports remained steady, at 140,206 tonnes.
In contrast, Chilean cattle slaughter rose 13 per cent year-on-year, to 892,749 head, resulting in higher beef production, which totalled 224,111 tonnes cwe, up 8.7 per cent from the previous year.
Brazil remained the major beef supplier to Chile, assisted by the proximity and currency depreciation.
However, the increased volume of Paraguayan beef in the market led to lower Brazilian beef shipments in 2014, down 29 per cent, to 52,326 tonnes.
Likewise, US, Uruguayan and Australian beef imports decline substantially during the same period. Australian exports to Chile totalled 3,461, down 49 per cent year-on-year.
Interestingly, lower cattle prices throughout 2014 combined with higher beef production underpinned Chilean beef exports.
Overall beef shipments increased 14 per cent year-on-year, to 2,000 tonnes with Korea and Germany major destinations.
TheMeatSite News Desk