Chile: Frozen Salmonoids Market 2022

Frozen Salmonoids Market Size in Chile

In 2020, the Chilean frozen salmonoids market was finally on the rise to reach $X for the first time since 2015, thus ending a four-year declining trend. Over the period under review, consumption enjoyed a resilient expansion. The growth pace was the most rapid in 2013 when the market value increased by X% against the previous year. Frozen salmonoids consumption peaked in 2020 and is likely to see gradual growth in the immediate term.

Frozen Salmonoids Production in Chile

In value terms, frozen salmonoids production reduced modestly to $X in 2020 estimated in export prices. Overall, production recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% year-to-year. Frozen salmonoids production peaked at $X in 2007; however, from 2008 to 2020, production failed to regain the momentum.

Frozen Salmonoids Exports

Exports from Chile

In 2020, overseas shipments of frozen salmonoids decreased by -X% to X tons, falling for the second consecutive year after three years of growth. Overall, exports faced a abrupt descent. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Exports peaked at X tons in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

In value terms, frozen salmonoids exports declined significantly to $X in 2020. In general, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Japan (X tons) was the main destination for frozen salmonoids exports from Chile, with a X% share of total exports. Moreover, frozen salmonoids exports to Japan exceeded the volume sent to the second major destination, Brazil (X tons), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Japan stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+X% per year) and Ukraine (+X% per year).

In value terms, Japan ($X) remains the key foreign market for frozen salmonoids exports from Chile, comprising X% of total exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Japan stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (-X% per year) and Ukraine (-X% per year).

Export Prices by Country

The average frozen salmonoids export price stood at $X per ton in 2020, dropping by -X% against the previous year. Over the period under review, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2015 an increase of X% y-o-y. The export price peaked at $X per ton in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Brazil ($X per ton), while the average price for exports to Ukraine ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Brazil, while the prices for the other major destinations experienced a decline.

Frozen Salmonoids Imports

Imports into Chile

In 2020, frozen salmonoids imports into Chile soared to X tons, jumping by X% against the previous year's figure. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, frozen salmonoids imports surged to $X in 2020. In general, imports posted prominent growth. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Imports peaked in 2020 and are likely to continue growth in years to come.

Imports by Country

In 2020, Mauritania (X tons) was the main supplier of frozen salmonoids to Chile, accounting for a X% share of total imports. It was followed by the U.S. (X kg), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from Mauritania was relatively modest.

In value terms, Mauritania ($X) constituted the largest supplier of frozen salmonoids to Chile, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from Mauritania was relatively modest.

Import Prices by Country

The average frozen salmonoids import price stood at $X per ton in 2020, waning by -X% against the previous year. Over the period under review, the import price continues to indicate a abrupt downturn. The growth pace was the most rapid in 2018 an increase of X% year-to-year. The import price peaked at $X per ton in 2007; however, from 2008 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per ton), while the price for Mauritania amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox Platform

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