Chile: Market for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades 2024

Market Size for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in Chile

The Chilean homogenised jam and marmalade market reduced notably to $X in 2022, which is down by -24.8% against the previous year. Overall, consumption continues to indicate a perceptible reduction. Homogenised jam and marmalade consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in Chile

In value terms, homogenised jam and marmalade production contracted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 30%. Homogenised jam and marmalade production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Exports from Chile

In 2022, overseas shipments of homogenised preparations of jams, fruit jellies and marmalades were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 1,702% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, homogenised jam and marmalade exports skyrocketed to $X in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 1,741%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for homogenised jam and marmalade exports from Chile, accounting for a 91% share of total exports. Moreover, homogenised jam and marmalade exports to the United States exceeded the volume sent to the second major destination, Guatemala (X tons), more than tenfold. Venezuela (X tons) ranked third in terms of total exports with a 1.8% share.

From 2013 to 2022, the average annual growth rate of volume to the United States amounted to +41.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (+121.3% per year) and Venezuela (+105.9% per year).

In value terms, the United States ($X) remains the key foreign market for homogenised preparations of jams, fruit jellies and marmalades exports from Chile, comprising 93% of total exports. The second position in the ranking was held by Guatemala ($X), with a 2.8% share of total exports. It was followed by Venezuela, with a 1.7% share.

From 2013 to 2022, the average annual rate of growth in terms of value to the United States totaled +45.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (+105.5% per year) and Venezuela (+125.9% per year).

Export Prices by Country

The average homogenised jam and marmalade export price stood at $X per ton in 2022, with an increase of 4.5% against the previous year. Over the period from 2013 to 2022, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2014 an increase of 49% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Panama ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Imports into Chile

In 2022, purchases abroad of homogenised preparations of jams, fruit jellies and marmalades increased by 4.7% to X tons, rising for the sixth year in a row after three years of decline. Overall, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 89%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, homogenised jam and marmalade imports declined to $X in 2022. In general, imports posted a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 89%. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

Iran (X tons), Mexico (X tons) and Turkey (X tons) were the main suppliers of homogenised jam and marmalade imports to Chile, with a combined 84% share of total imports. Pakistan, the United Arab Emirates, Germany, Thailand, Canada and the United States lagged somewhat behind, together comprising a further 15%.

From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of +149.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Iran ($X) and Turkey ($X) were the largest homogenised jam and marmalade suppliers to Chile, together comprising 80% of total imports. Canada, Germany, Pakistan, Thailand, the United Arab Emirates and the United States lagged somewhat behind, together accounting for a further 17%.

In terms of the main suppliers, Pakistan, with a CAGR of +339.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average homogenised jam and marmalade import price stood at $X per ton in 2022, reducing by -10.3% against the previous year. In general, the import price recorded a noticeable decrease. The pace of growth appeared the most rapid in 2014 when the average import price increased by 25% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+76.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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