Chile: Cereal Flour Market 2024

Cereal Flour Market Size in Chile

The Chilean cereal flour market amounted to $X in 2022, rising by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Cereal Flour Production in Chile

In value terms, cereal flour production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Cereal Flour Exports

Exports from Chile

In 2022, the amount of cereal flours exported from Chile surged to X tons, increasing by X% on the year before. Over the period under review, exports saw resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cereal flour exports soared to $X in 2022. In general, exports saw prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons), Colombia (X tons) and Peru (X tons) were the main destinations of cereal flour exports from Chile, with a combined X% share of total exports. Argentina, Panama, Mexico, Cuba and Venezuela lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Cuba (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cereal flour exported from Chile were the United States ($X), Colombia ($X) and Peru ($X), together accounting for X% of total exports. Argentina, Mexico, Panama, Cuba and Venezuela lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Cuba, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cereal flour export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($X per ton), while the average price for exports to Venezuela ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cereal Flour Imports

Imports into Chile

In 2022, supplies from abroad of cereal flours increased by X% to X tons, rising for the fifth consecutive year after two years of decline. Over the period under review, imports recorded a strong increase. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, cereal flour imports surged to $X in 2022. Overall, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Argentina (X tons), Colombia (X tons) and the United States (X tons) were the main suppliers of cereal flour imports to Chile, together comprising X% of total imports. The Netherlands, Venezuela, Italy and Peru lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Venezuela (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cereal flour suppliers to Chile were Argentina ($X), Colombia ($X) and the United States ($X), with a combined X% share of total imports. Italy, Venezuela, Peru and the Netherlands lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Venezuela, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cereal flour import price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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