Chile: Fungicide And Bactericide Market 2025

Fungicide And Bactericide Market Size in Chile

The Chilean fungicide and bactericide market surged to $X in 2021, picking up by 28% against the previous year. In general, the total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +9.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in years to come.

Fungicide And Bactericide Production in Chile

In value terms, fungicide and bactericide production stood at $X in 2021 estimated in export price. In general, the total production indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -5.8% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of 27%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Fungicide And Bactericide Exports

Exports from Chile

After two years of growth, overseas shipments of fungicides, bactericides and seed treatments decreased by -12% to X tons in 2021. Over the period under review, exports, however, showed a modest expansion. The pace of growth appeared the most rapid in 2020 with an increase of 11% against the previous year. As a result, the exports reached the peak of X tons, and then shrank in the following year.

In value terms, fungicide and bactericide exports reduced to $X in 2021. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 14% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X tons), Spain (X tons) and Brazil (X tons) were the main destinations of fungicide and bactericide exports from Chile, together comprising 58% of total exports. These countries were followed by Peru, China, France, Argentina, Australia, Ecuador, Italy, Mexico and Turkey, which together accounted for a further 34%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +40.2%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), the United States ($X) and Peru ($X) were the largest markets for fungicide and bactericide exported from Chile worldwide, with a combined 56% share of total exports. France, Spain, China, Australia, Argentina, Mexico, Ecuador, Italy and Turkey lagged somewhat behind, together accounting for a further 33%.

Mexico, with a CAGR of +32.7%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average fungicide and bactericide export price amounted to $X per ton, rising by 6.5% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 10% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, 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 France ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Fungicide And Bactericide Imports

Imports into Chile

In 2021, purchases abroad of fungicides, bactericides and seed treatments decreased by -10.8% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by 18%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, fungicide and bactericide imports rose to $X in 2021. The total import value increased at an average annual rate of +3.9% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by 18% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) constituted the largest fungicide and bactericide supplier to Chile, accounting for a 29% share of total imports. Moreover, fungicide and bactericide imports from the United States exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. Brazil (X tons) ranked third in terms of total imports with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at +4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+11.8% per year) and Brazil (-3.6% per year).

In value terms, the largest fungicide and bactericide suppliers to Chile were the United States ($X), Colombia ($X) and Brazil ($X), together comprising 41% of total imports. These countries were followed by France, the UK, Spain, Germany, Israel, China, Belgium, Norway, India and Mexico, which together accounted for a further 49%.

Israel, with a CAGR of +30.3%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average fungicide and bactericide import price stood at $X per ton in 2021, increasing by 17% against the previous year. Over the last nine years, it increased at an average annual rate of +3.6%. The pace of growth appeared the most rapid in 2015 when the average import price increased by 43% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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