Chile: Chili And Pepper Market 2025

Chili And Pepper Market Size in Chile

The Chilean chili and pepper market totaled $X in 2022, growing by 5.6% against the previous year. Overall, the total consumption indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -5.0% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Chili And Pepper Production in Chile

In value terms, chili and pepper production stood at $X in 2022 estimated in export price. Over the period under review, the total production indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -7.8% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 75%. Chili and pepper production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of chilies and peppers (green) in Chile expanded markedly to X tons per ha, surging by 14% against 2021 figures. The yield figure increased at an average annual rate of +3.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when the yield increased by 32%. As a result, the yield reached the peak level of X tons per ha. From 2021 to 2022, the growth of the average chili and pepper yield remained at a 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, the chili and pepper harvested area in Chile shrank to X ha, which is down by -10.5% against the previous year. In general, the harvested area saw a perceptible downturn. The pace of growth appeared the most rapid in 2017 with an increase of 37% against the previous year. The chili and pepper harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Chili And Pepper Exports

Exports from Chile

Chili and pepper exports from Chile totaled X tons in 2022, flattening at 2021. Over the period under review, exports showed a precipitous decline. The pace of growth appeared the most rapid in 2015 with an increase of 238% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, chili and pepper exports stood at $X in 2022. Overall, exports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2015 when exports increased by 218%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X kg) was the main destination for chili and pepper exports from Chile, with a approx. 84% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK amounted to -13.6%.

From 2012 to 2022, the average annual growth rate of value to the UK stood at -3.2%.

Export Prices by Country

The average chili and pepper export price stood at $X per ton in 2022, flattening at the previous year. Overall, the export price posted a tangible increase. The growth pace was the most rapid in 2013 when the average export price increased by 46%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +12.1% per year.

Chili And Pepper Imports

Imports into Chile

In 2022, overseas purchases of chilies and peppers (green) increased by 1,056% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 1,119% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, chili and pepper imports skyrocketed to $X in 2022. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2013 when imports increased by 1,394%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Peru (X tons) and the United States (X tons) were the main suppliers of chili and pepper imports to Chile.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +109.4%).

In value terms, Peru ($X) constituted the largest supplier of chilies and peppers (green) to Chile, comprising 71% of total imports. The second position in the ranking was held by the United States ($X), with a 29% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Peru was relatively modest.

Import Prices by Country

The average chili and pepper import price stood at $X per ton in 2022, increasing by 12% against the previous year. Over the period under review, the import price saw a mild increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 100% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Peru ($X per ton), while the price for the United States totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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