Chile: Market for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes 2024

Market Size for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in Chile

For the third year in a row, the Chilean fruit or nut preserves market recorded growth in sales value, which increased by 8.9% to $X in 2021. Overall, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in Chile

In value terms, fruit or nut preserves production rose notably to $X in 2021 estimated in export price. Over the period under review, production, however, saw a noticeable downturn. The pace of growth was the most pronounced in 2017 when the production volume increased by 9.5%. Fruit or nut preserves production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Exports from Chile

In 2021, shipments abroad of jams, marmalades, fruit jellies, fruit or nut purees and pastes was finally on the rise to reach X tons after three years of decline. In general, exports, however, showed a noticeable setback. The growth pace was the most rapid in 2016 when exports increased by 16%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, fruit or nut preserves exports totaled $X in 2021. Overall, exports, however, showed a abrupt setback. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for fruit or nut preserves exports from Chile, with a 30% share of total exports. Moreover, fruit or nut preserves 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 growth rate 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) were the largest markets for fruit or nut preserves 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%.

France, with a CAGR of +16.6%, recorded the highest rates of growth with regard to 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

The average fruit or nut preserves export price stood at $X per ton in 2021, surging by 4.1% against the previous year. In general, the export price, however, recorded a perceptible downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 4.6% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, 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, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Imports into Chile

Fruit or nut preserves imports into Chile soared to X tons in 2021, jumping by 67% compared with 2020. In general, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 74%. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, fruit or nut preserves imports surged to $X in 2021. Overall, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of 77% against the previous year. Imports peaked 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 fruit or nut preserves imports to Chile, together comprising 72% 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 22%.

From 2012 to 2021, the biggest increases were recorded for Colombia (with a CAGR of +79.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of jams, marmalades, fruit jellies, fruit or nut purees and pastes to Chile, comprising 39% of total imports. The second position in the ranking was taken by Ecuador ($X), with a 14% share of total imports. It was followed by Argentina, with a 7% share.

From 2012 to 2021, the average annual growth rate of value from Spain stood at +46.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Ecuador (+26.2% per year) and Argentina (-8.7% per year).

Import Prices by Country

The average fruit or nut preserves import price stood at $X per ton in 2021, increasing by 2.1% against the previous year. Overall, the import price, however, recorded a mild reduction. The pace of growth appeared the most rapid in 2020 when the average import price increased by 4.3% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Ecuador ($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 (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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