Chile: Market for Evaporated And Condensed Milk 2025
Chile’s evaporated and condensed milk sector saw mixed results in 2024. While exports grew significantly, both production and domestic market value declined. The year also brought a sharp drop in import volumes, reflecting shifting trade patterns.
Production of evaporated and condensed milk in Chile had risen steadily over the past decade, averaging an annual growth rate of X% between 2012 and 2024. However, output fell to $X in 2024 when measured at export prices. Domestic consumption had previously peaked at $X in 2023 before dropping sharply the following year.
Exports performed strongly, reaching $X in 2024. The United States remained the top destination, absorbing a X% share of Chile’s total shipments. Volume-wise, approximately X tons were exported, marking a X% increase over 2023. Despite this growth, the average export price per ton fell by X%, settling at $X.
Imports, meanwhile, contracted to X tons in 2024, a X% decline from the previous year. Peru emerged as the leading supplier, accounting for a X% share of Chile’s total evaporated and condensed milk imports.
The Chilean market for evaporated and condensed milk shrank to $X in 2024, down X% from 2023. Exports expanded, but lower prices and reduced domestic demand shaped the sector’s performance. Trade data highlights the US as the primary export partner and Peru as the main import source.
