Chile: Grain Market 2025

Grain Market Size in Chile

In 2022, the Chilean grain market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption, however, recorded 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 fell modestly to $X in 2022 estimated in export price. Over the period under review, production saw a noticeable decline. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

In 2022, the average grain yield in Chile dropped slightly to X tons per ha, waning by X% compared with the previous year's figure. In general, the yield, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the yield increased by X% against the previous year. Over the period under review, the average grain yield attained the peak level at X tons per ha in 2018; however, from 2019 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the grain harvested area in Chile reduced to X ha, with a decrease of X% on the year before. In general, the harvested area recorded a perceptible decrease. The pace of growth appeared the most rapid in 2016 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to grain production attained the peak figure at X ha in 2013; however, from 2014 to 2022, the harvested area failed to regain momentum.

Grain Exports

Exports from Chile

In 2022, overseas shipments of grain increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, showed a perceptible contraction. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, grain exports reduced to $X in 2022. In general, exports, however, saw a deep reduction. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Peru (X tons), Mexico (X tons) and the United States (X tons) were the main destinations of grain exports from Chile, with a combined X% share of total exports. Ecuador, France, Germany, South Africa and Colombia lagged somewhat behind, together comprising 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 ($X) remains the key foreign market for grain exports from Chile, comprising X% of total exports. The second position in the ranking was held by Mexico ($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 amounted to 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

In 2022, the average grain export price amounted to $X per ton, declining by X% against the previous year. Overall, the export price recorded a abrupt shrinkage. The pace of growth was the most pronounced 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 dropped remarkably 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

In 2022, grain imports into Chile dropped to X tons, waning by X% compared with the previous year. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, grain imports surged to $X in 2022. In general, imports, however, showed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

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. The third position in this ranking was taken by Canada (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume 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).

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

From 2012 to 2022, the average annual rate of growth in terms of value from Argentina stood at 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

The average grain import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price saw a buoyant increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: 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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