Agriculture Opportunities

An Expert's View about Fishing in Chile

Last updated: 21 Mar 2011

Chile’s modern and open economy is stable, has enjoyed long periods of growth and is well managed. It enjoys the lowest country risk in Latin America and the best competitive position within emerging Latin American economies.

Sector briefing Agriculture Opportunities in Chile Why Chile? Chile?s modern and open economy is stable, has enjoyed long periods of growth and is well managed. It enjoys the lowest country risk in Latin America and the best competitive position within emerging Latin American economies. Chile agro-business boasts several important natural and trade advantages: - Natural boundaries provide unparalleled phyto-sanitary conditions - Availability of a wide range of natural resources and fruit and vegetable varieties - The country is free of the main cattle diseases - It has free trade agreements signed with countries representing more than 90 percent of the world?s GDP - It has highly-qualified human resources Find general information on Chile market conditions on UKTI's website. The Doing Business Guide for Chile gives an overview of Chile?s economy, business culture, potential opportunities and an introduction to other relevant issues. UK Trade & Investment Sector briefing: Agro opportunities in Chile companies lie in Chile?s desire to increase the Opportunities quality of the final product by incorporating greater value-added in the production chain In 2009, Chile's food exports totalled US$12.2 through irrigation technology, traceability, bio- billion, more than double the country's forestry security, bio-fertilisers, biocides and processing exports and only rivalled by its copper exports. plants. Fresh fruit, salmon and wine represent around As Chile is also looking to start producing 60% of food exports while the other 40% ready-to-serve foods, packaging and active include meats, seafood and processed foods, packaging systems must be implemented. such as juices or tinned fruit. Agriculture is There is also space for services in vegetable already a major part of the economy, waste management and related production of representing over 14% of GDP. biogas and clean energies. In the next decade Chile?s plan is to become a Another area Chile is eager to develop is Food Power and duplicate its foods exports. By functional foods, that is to say foods that 2030 agro exports are expected to exceed US$ contain biologically active components which 62 billion. offer the potential of enhanced health or reduced risk of disease. Such foods are frequently based on fruits as the raw material Based on the government?s plan to turn Chile ? readily available in Chile. into a food power, there are several opportunities for British companies in the agri- Processed Foods business sector. Chile?s processed food sector has experienced important growth and in 2009 exported goods Winemaking with a value of US$ 1.6 billion. 70% of the Chile?s wine industry is currently one of the products correspond to processed fruit such as pillars of the agribusiness, exports accounting currants and raisins, prunes, canned peaches, for some 2% of the country?s total exports and nuts, tomato paste and frozen raspberries and 21% of agricultural exports. Chile?s wine is strawberries. The sector?s growth reflects the highly valued in international markets and the world demand for processed foods. Chile?s UK is the main importer when measured by main advantage in this area is the availability volume. In 2008, Chile exported US$1.377 of high quality raw materials. th billion becoming the world?s 5 largest wine th exporter and 10 largest winemaker. Change in diets to ones that are healthier and based on organic foods as well as the aging of Chile?s wine industry offers many opportunities the world population means that people are for innovation throughout the production chain. willing to spend more in high-quality prep- It keeps abreast of the latest international prepared foods. Chile will need new packing technological advances and is also focused on plants, new packaging materials and successful marketing of the product outside technology related to the production of Chile. Opportunities for British companies lie in processed foods as well as the relevant know- supplying technology for the winemaking how. industry (process automation and precision agriculture) as well as supplies for organic Meat and Dairy production which is still underdeveloped in Chile is a country where animal health Chile and services such as graphic design and conditions are remarkably good and the marketing for the end product (bottles, labels, country is free of the main cattle diseases such ancillary products). as the bluetongue and mad cow disease. The meat and dairy industry has grown 55% in the last 10 years. In 2009, exports reached Fruit growing US$269 million for poultry and US$369 million Chile exports nearly 80% of its fruit production for pork. ? accounting for 25% of its total food exports. In 2008, fruit exports totalled US$2.6 billion - Opportunities for business in the sector are three times more than in the middle of the mainly in animal welfare and product 90?s. This accounts for an annual growth rate traceability. Demand has grown at an of more than 9%. Opportunities for British exponential rate for advanced information UK Trade & Investment Sector briefing: Agro opportunities in Chile technologies that can monitor/record food If you have any questions on the opportunities products and trace them from their point of above, contact the UKTI contacts named in this origin to their final destination. Key tools now report. Business opportunities aimed include software applications, bar coding, RFID specifically at UK companies are added daily to systems, and products for synchronizing UKTI?s website. These leads are sourced by our information and capturing data. Warehouse staff overseas in British Embassies, High management systems are also growing in Commissions and Consulates, across all sectors popularity. They automate the warehousing and in over 100 markets. process by identifying each product with a serial number and retail lot number. You can be alerted to business opportunities on a regular basis by registering on the UKTI Furthermore, in dairy and meat production website. More on UKTI?s business opportunities British bovine and ovine semen (fresh and service. frozen) is highly regarded. Salmon production and fishing Thanks to its abundant water resources (more than 7 thousand kilometres of coastline and 1.8 million km2 of territorial water) is naturally a fishing and fish-farming country. It is currently the world?s second largest salmon and trout producer and exporter accounting for 36% of global production (compared with 21% in 1995), only overtaken by Norway - together, both countries account for almost 80% of world salmon and trout production. In the last few decades Chilean salmon producers have been using sophisticated computer systems that can trace their product from the egg of the female salmon until the delivery of the salmon to consumers. Using bar codes, they can keep track of each lot number and identify the egg from which each shipment of salmon is derived. Given the high-level of technological development in the UK salmon industry traceability might be a worth looking when looking for opportunities. In 2008, as a consequence of the continuing presence of the disease known as Infectious Salmon Anaemia (ISA), caused by the ISA virus, the whole salmon industry underwent severe restructuring. In 2008, the authorities in Chile developed new laws and regulations to bring the outbreak under control. These include a proposal for introduction of zones in which all production is coordinated to reduce the risk of infection between generations of fish and between zones, synchronised fallowing and stocking, along with continued surveillance of all sites. The increased surveillance means there will be more demand for vigilance, monitoring, contagion and risk management tools as well as pharmaceuticals that keep the virus in check. UK Trade & Investment Sector briefing: Agro opportunities in Chile Major events and activities UKTI contacts Feria Agrotech 2011 Jolanta Polk Contact: Jolanta Polk Trade & Investment Officer Email: British EmbassySantiago, Chile Time: 9 ? 11 June, 2011 Tel: (56 2) 37041785192 Email: Vintech 2011 Contact: Jolanta Polk Email: Tom Warwick Time: 9 ? 11 June, 2011 First Secretary British Embassy Santiago, Chile Tel: (56 2) 3704174 Find full details of all events in this Email: country and sector on the UKTI website. New export events are added daily to the site and you can register to be alerted to them on a daily, weekly or monthly basis UKTI?s Tradeshow Access Programme (TAP) provides grant support for eligible Small & Medium Sized Enterprises (SME's) to attend trade shows overseas. Find out more about UKTI support for attendance at overseas events UK Trade & Investment Sector briefing: Agro opportunities in Chile Next steps - How UKTI can help ? Arranging appointments British companies wishing to develop their ? Organise seminars or other events for business in the Chile market are advised to you to meet contacts and promote your undertake as much market research and company in the Chile market planning as possible in the UK. UKTI?s team in Chile, with its wide local knowledge and This work is available via our Overseas Market experience, can provide a range of services to Introduction Service (OMIS) a chargeable British-based companies wishing to grow their service which assists British-based companies business in global markets. wishing to enter or expand their business in overseas markets. This can include: ? Provision of market information To find out more about commissioning this ? Validated lists of agents/distributors work, or accessing other UKTI services and ? Key market players or potential specialist advice, please visit the UKTI website customers in the Chile market to find contact details for your local UKTI ? Establishment of interest of such office. contacts in working with you Whereas every effort has been made to ensure that the information given in this document is accurate, neither UK Trade & Investment nor its parent Departments (the Department for Business, Innovation & Skills, and the Foreign & Commonwealth Office), accept liability for any errors, omissions or misleading statements, and no warranty is given or responsibility accepted as to the standing of any individual, firm, company or other organisation mentioned. Published 2010 by UK Trade & Investment. Crown Copyright © UK Trade & Investment Sector briefing: Agro opportunities in Chile
Posted: 21 March 2011, last updated 21 March 2011

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