Chile: Market for Jams, Jellies, Puree And Pastes 2024

Market Size for Jams, Jellies, Puree And Pastes in Chile

The Chilean market for jams, jellies, puree and pastes skyrocketed to $X in 2021, growing by 21% against the previous year. The market value increased at an average annual rate of +2.4% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Jams, Jellies, Puree And Pastes in Chile

In value terms, jam, jelly, puree and paste production reduced slightly to $X in 2021 estimated in export price. In general, production continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2015 when the production volume increased by 41%. Over the period under review, production hit record highs at $X in 2020, and then fell slightly in the following year.

Exports of Jams, Jellies, Puree And Pastes

Exports from Chile

In 2021, overseas shipments of jams, jellies, puree and pastes were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, exports, however, recorded a pronounced descent. The pace of growth was the most pronounced in 2016 when exports increased by 16% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, jam, jelly, puree and paste exports expanded significantly to $X in 2021. Over the period under review, exports, however, showed a deep downturn. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for jam, jelly, puree and paste exports from Chile, with a 30% share of total exports. Moreover, jam, jelly, puree and paste exports to the United States exceeded the volume sent to the second major destination, Mexico (X tons), twofold. Russia (X tons) ranked third in terms of total exports with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +5.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-1.9% per year) and Russia (-10.5% per year).

In value terms, the United States ($X), Mexico ($X) and Russia ($X) appeared to be the largest markets for jam, jelly, puree and paste exported from Chile worldwide, with a combined 53% share of total exports. These countries were followed by Colombia, Ecuador, Guatemala, the Netherlands, Japan, Canada, El Salvador, the Dominican Republic, Honduras and France, which together accounted for a further 31%.

Among the main countries of destination, France, with a CAGR of +16.6%, saw the highest rates of growth with regard to the value of exports, 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 export price for jams, jellies, puree and pastes amounted to $X per ton, rising by 4.1% against the previous year. Overall, the export price, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in 2018 an increase of 4.6% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Ecuador ($X per ton), while the average price for exports to France ($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 Mexico (-0.6%), while the prices for the other major destinations experienced a decline.

Imports of Jams, Jellies, Puree And Pastes

Imports into Chile

In 2021, the amount of jams, jellies, puree and pastes imported into Chile soared to X tons, growing by 67% on 2020. Over the period under review, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 73% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, jam, jelly, puree and paste imports soared to $X in 2021. Overall, imports saw resilient growth. The growth pace was the most rapid in 2014 when imports increased by 75%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Spain (X tons), Ecuador (X tons) and Argentina (X tons) were the main suppliers of jam, jelly, puree and paste imports to Chile, with a combined 72% share of total imports. These countries were followed by Mexico, Colombia, Peru, Greece, China, Brazil, India and the United States, which together accounted for a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Colombia (with a CAGR of +79.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of jams, jellies, puree and pastes to Chile, comprising 39% of total imports. The second position in the ranking was held by Ecuador ($X), with a 14% share of total imports. It was followed by Argentina, with a 6.9% share.

From 2012 to 2021, the average annual growth rate of value from Spain amounted to +44.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Ecuador (+26.0% per year) and Argentina (-8.7% per year).

Import Prices by Country

In 2021, the average import price for jams, jellies, puree and pastes amounted to $X per ton, standing approx. at the previous year. Overall, the import price, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2020 when the average import price increased by 4.9%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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