Chile: Grain Market 2025

Grain Market Size in Chile

In 2022, the Chilean grain market was finally on the rise to reach $X after three years of decline. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Grain Production in Chile

In value terms, grain production reduced slightly to $X in 2022 estimated in export price. Overall, production saw a perceptible curtailment. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of cereal grains in Chile contracted to X tons per ha, which is down by X% against the previous year's figure. Overall, the yield, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X%. The grain yield peaked at X tons per ha in 2018; however, from 2019 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of cereal grains were harvested in Chile; with a decrease of X% on the previous year. In general, the harvested area saw a pronounced slump. The most prominent rate of growth was recorded in 2016 when the harvested area increased by X% against the previous year. The grain harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area stood at a somewhat lower figure.

Grain Exports

Exports from Chile

In 2022, overseas shipments of cereal grains were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Overall, exports, however, showed a pronounced decrease. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, grain exports reduced to $X in 2022. In general, exports, however, recorded a deep setback. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Peru (X tons), Mexico (X tons) and the United States (X tons) were the main destinations of grain exports from Chile, together comprising X% of total exports. Ecuador, France, Germany, South Africa and Colombia lagged somewhat behind, together accounting for a further X%.

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

In value terms, the United States ($X) remains the key foreign market for cereal grains exports from Chile, comprising X% of total exports. The second position in the ranking was held by Mexico ($X), with a X% share of total exports. It was followed by France, with an X% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and France (X% per year).

Export Prices by Country

The average grain export price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021, and then declined markedly in the following year.

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

Grain Imports

Imports into Chile

For the third year in a row, Chile recorded decline in supplies from abroad of cereal grains, which decreased by X% to X tons in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, grain imports soared to $X in 2022. In general, imports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2021 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

In 2022, Argentina (X tons) constituted the largest grain supplier to Chile, with a X% share of total imports. Moreover, grain imports from Argentina exceeded the figures recorded by the second-largest supplier, Paraguay (X tons), threefold. Canada (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Argentina totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Paraguay (X% per year) and Canada (X% per year).

In value terms, Argentina ($X) constituted the largest supplier of cereal grains to Chile, comprising X% of total imports. The second position in the ranking was held by Paraguay ($X), with a X% share of total imports. It was followed by Canada, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Argentina amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Paraguay (X% per year) and Canada (X% per year).

Import Prices by Country

In 2022, the average grain import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price posted strong growth. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Uruguay ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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