Chile: Dairy and Products Annual
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The Chilean dairy sector is crucial to the economy, producing milk, cheese, butter, yogurt, and powdered milk. In marketing year (MY) 2024, milk receipts increased by two percent to 1,293 million liters, and fluid milk production rose by seven percent. In MY 2024, Chilean imports of dairy products from the United States saw a notable increase of 10 percent. In MY 2025, whole milk powder production will increase by 3.8 percent to 54,000 metric tons, driven by higher production levels. Consumption is expected to rise by two percent to 51,000 metric tons. Imports will remain flat at 4,000 metric tons in MY 2024. Exports are projected to grow by 16.6 percent to 7,000 metric tons. In MY 2025, Chile’s skim milk powder production is projected to increase by 11.1 percent to 20,000 metric tons. Consumption will grow by 4.8 percent to 22,000 metric tons in MY 2025. Imports will reach 8,000 metric tons, with the United States being the leading supplier.