Chile: Dairy and Products Annual
Link to report:
In marketing year (MY) 2023, milk price is experiencing an increasing trend due to the low milk supply and high demand for dairy. In Chile, most processing plants produce fluid milk and cheese, very few produce yoghurt, whey, condensed milk, or other value-added dairy products. Only seven processing plants produce milk powder. In MY 2024, Post projects that whole milk powder production will increase by 3.5 percent and reach 59,000 metric tons (MT). Whole milk powder exports will total 9,000 MT and imports will reach 4,000 MT to fulfill domestic demand. In MY 2024, Post projects skim milk powder production at 18,000 MT, a 5.9 percent increase over MY 2023. Post estimates Chilean imports and exports of skim milk powder to remain flat at 5,000 MT and 2,000 MT, respectively. Chile is considering adoption of EU-style geographic indications, which will impact U.S. competitiveness in and access to the Chilean market.
