UK pork gains market access to Chile
The UK will be able to export pork products to Chile for the first time, following a new trade deal announced on 17 March.
Market access has been granted for 27 pork processing sites in the UK, in a deal that has the potential to be worth up to £20m over the next five years.
Due to rules of origin and preferential trading agreements, UK pork exports to Chile will receive most favoured nation status and, as a result, will be subject to a 6% tariff.
See also: Mexico opens new market for UK pork exports
It is anticipated that these exports will largely be specific cuts rather than whole carcasses or processed pork.
Pork is reportedly the second most-consumed meat in Chile and consumption is expected to increase to 22kg a person by 2028. The population in Chile is also expected to increase, rising to an estimated 20.7 million by 2026.
In terms of value, Chile accounts for 1.5% market share of total meat in the Americas, according to AHDB figures.
The UK pig industry also gained market access to Mexico in September 2021, which the AHDB speculated to be worth up to £50m to UK pork producers during the first five years of trade.
Support for UK pig industry
AHDB international market development director Dr Phil Hadley said: “Opening the market for UK pork to Chile, following gaining access to Mexico, will provide our pig farmers and processors with another valuable market to sell their products to, providing a much-needed boost for the sector in difficult times.”
Defra farming minister Victoria Prentis said: “The pig sector is facing a range of challenges and we must make use of all levers available to us. That includes new export markets, and it is great to see the Chilean market open its doors to our pig producers.”