Chile: Pasta Products Market 2025

Pasta Products Market Size in Chile

For the sixth year in a row, the Chilean pasta products market recorded growth in sales value, which increased by 6.8% to $X in 2022. In general, consumption posted resilient growth. Pasta products consumption peaked in 2022 and is likely to see steady growth in years to come.

Pasta Products Production in Chile

In value terms, pasta products production expanded modestly to $X in 2022 estimated in export price. In general, production posted a resilient expansion. The pace of growth was the most pronounced in 2015 with an increase of 47% against the previous year. Pasta products production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Pasta Products Exports

Exports from Chile

After three years of growth, shipments abroad of dried, undried and frozen pasta and pasta products decreased by -37.7% to X tons in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 236%. The exports peaked at X tons in 2021, and then fell remarkably in the following year.

In value terms, pasta products exports declined markedly to $X in 2022. Overall, exports, however, saw a measured increase. The pace of growth appeared the most rapid in 2017 with an increase of 222%. The exports peaked at $X in 2021, and then fell rapidly in the following year.

Exports by Country

Colombia (X tons) was the main destination for pasta products exports from Chile, accounting for a 33% share of total exports. Moreover, pasta products exports to Colombia exceeded the volume sent to the second major destination, Guatemala (X tons), twofold. Paraguay (X tons) ranked third in terms of total exports with a 15% share.

From 2012 to 2022, the average annual growth rate of volume to Colombia amounted to +11.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (-6.3% per year) and Paraguay (-0.2% per year).

In value terms, the largest markets for pasta products exported from Chile were Colombia ($X), Guatemala ($X) and Paraguay ($X), together accounting for 67% of total exports. Bolivia, Venezuela, Ecuador and Honduras lagged somewhat behind, together comprising a further 30%.

Among the main countries of destination, Venezuela, with a CAGR of +406.6%, recorded 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

In 2022, the average pasta products export price amounted to $X per ton, rising by 13% against the previous year. Over the period under review, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 an increase of 116% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($X per ton), while the average price for exports to Ecuador ($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 Venezuela (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.

Pasta Products Imports

Imports into Chile

For the sixth year in a row, Chile recorded growth in supplies from abroad of dried, undried and frozen pasta and pasta products, which increased by 30% to X tons in 2022. In general, imports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 131% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, pasta products imports skyrocketed to $X in 2022. Overall, imports showed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 185%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest pasta products supplier to Chile, accounting for a 61% share of total imports. Moreover, pasta products imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), fivefold. The third position in this ranking was held by Argentina (X tons), with an 8.2% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +21.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+28.6% per year) and Argentina (+39.2% per year).

In value terms, China ($X) constituted the largest supplier of dried, undried and frozen pasta and pasta products to Chile, comprising 73% of total imports. The second position in the ranking was taken by Italy ($X), with a 7% share of total imports. It was followed by Argentina, with a 4.6% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +23.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+24.4% per year) and Argentina (+34.2% per year).

Import Prices by Country

The average pasta products import price stood at $X per ton in 2022, with a decrease of -5.3% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 24% against the previous year. As a result, import price reached the peak level of $X per ton, and then reduced in the following year.

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 Spain ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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