Chile: Livestock Outlook
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In 2021, the Chilean economy grew by 11.7 percent. Government support programs increased disposable income for many consumers, putting upward pressure on consumption of beef, pork, and chicken. In 2022, inflation and economic slowdown pushed down the demand for beef, pork, and chicken, which decreased production, consumption, and trade. For 2023, Post expects lower inflation, which will increase beef, pork, and chicken production, consumption and trade, but at levels below 2021.