Chile: Frozen Orange Juice Market 2020

Frozen Orange Juice Market Size in Chile

The revenue of the frozen orange juice market in Chile amounted to $X in 2018, lowering by -X% against the previous year. Over the period under review, frozen orange juice consumption continues to indicate a drastic drop. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Frozen orange juice consumption peaked at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Frozen Orange Juice Production in Chile

In value terms, frozen orange juice production stood at $X in 2018 estimated in export prices. Over the period under review, frozen orange juice production continues to indicate a drastic drop. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Frozen orange juice production peaked at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Frozen Orange Juice Exports

Exports from Chile

In 2018, the exports of frozen unconcentrated orange juice from Chile totaled X tons, growing by X% against the previous year. In general, frozen orange juice exports continue to indicate a strong increase. The growth pace was the most rapid in 2010 when exports increased by X% against the previous year. Exports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, frozen orange juice exports totaled $X in 2018. Over the period under review, frozen orange juice exports continue to indicate a temperate expansion. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Over the period under review, frozen orange juice exports reached their peak figure at $X in 2015; however, from 2016 to 2018, exports remained at a lower figure.

Exports by Country

Japan (X tons) was the main destination for frozen orange juice exports from Chile, accounting for a X% share of total exports. Moreover, frozen orange juice exports to Japan exceeded the volume sent to the second major destination, Peru (X tons), sixfold. New Zealand (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Japan totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+X% per year) and New Zealand (X% per year).

In value terms, Japan ($X) remains the key foreign market for frozen orange juice exports from Chile, comprising X% of total frozen orange juice exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total exports. It was followed by Peru, with a X% share.

From 2007 to 2018, 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: New Zealand (X% per year) and Peru (+X% per year).

Export Prices by Country

In 2018, the average frozen orange juice export price amounted to $X per ton, declining by -X% against the previous year. In general, the frozen orange juice export price continues to indicate a deep descent. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. In that year, the average export prices for frozen unconcentrated orange juice reached their peak level of $X per ton. From 2012 to 2018, the growth in terms of the average export prices for frozen unconcentrated orange juice remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Bolivia ($X per ton), while the average price for exports to Japan ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Peru, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Orange Juice Imports

Imports into Chile

In 2018, the amount of frozen unconcentrated orange juice imported into Chile totaled X tons, shrinking by -X% against the previous year. Over the period under review, the total imports indicated tangible growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, frozen orange juice imports decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Imports peaked at X tons in 2015; however, from 2016 to 2018, imports remained at a lower figure.

In value terms, frozen orange juice imports totaled $X in 2018. Over the period under review, the total imports indicated a strong increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, frozen orange juice imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, frozen orange juice imports reached their peak figure at $X in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, Brazil (X tons) constituted the largest supplier of frozen orange juice to Chile, with a X% share of total imports. Moreover, frozen orange juice imports from Brazil exceeded the figures recorded by the second-largest supplier, Spain (X tons), more than tenfold. Argentina (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Brazil amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Argentina (+X% per year).

In value terms, Brazil ($X) constituted the largest supplier of frozen orange juice to Chile, comprising X% of total frozen orange juice imports. The second position in the ranking was occupied by Spain ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from Brazil stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Argentina (+X% per year).

Import Prices by Country

The average frozen orange juice import price stood at $X per ton in 2018, waning by -X% against the previous year. Over the period under review, the frozen orange juice import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 an increase of X% y-o-y. Over the period under review, the average import prices for frozen unconcentrated orange juice attained their maximum at $X per ton in 2011; however, from 2012 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was the U.S. ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform