Chile: Lettuce And Chicory Market 2024

Lettuce And Chicory Market Size in Chile

The Chilean lettuce and chicory market rose remarkably to $X in 2022, surging by 6.2% against the previous year. The market value increased at an average annual rate of +1.3% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Lettuce And Chicory Production in Chile

In value terms, lettuce and chicory production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.3% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 29%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

In 2022, the average yield of lettuce and chicory in Chile reached X tons per ha, approximately reflecting the year before. In general, the yield recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the yield increased by 0.4%. As a result, the yield reached the peak level of X tons per ha. From 2015 to 2022, the growth of the average lettuce and chicory yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of lettuce and chicory production in Chile amounted to X ha, growing by 6.4% on 2021 figures. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 22%. As a result, the harvested area reached the peak level of X ha. From 2021 to 2022, the growth of the lettuce and chicory harvested area remained at a lower figure.

Lettuce And Chicory Exports

Exports from Chile

In 2022, shipments abroad of lettuce and chicory increased by 10,208% to X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, continue to indicate a dramatic slump. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, lettuce and chicory exports surged to $X in 2022. In general, exports, however, recorded a sharp contraction. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for lettuce and chicory exports from Chile, with a 84% share of total exports. Moreover, lettuce and chicory exports to the Netherlands exceeded the volume sent to the second major destination, the UK (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands stood at -24.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-39.4% per year) and France (-64.3% per year).

In value terms, the Netherlands ($X) remains the key foreign market for lettuce and chicory exports from Chile, comprising 83% of total exports. The second position in the ranking was held by the UK ($X), with a 16% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands stood at -15.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-31.0% per year) and France (-63.2% per year).

Export Prices by Country

In 2022, the average lettuce and chicory export price amounted to $X per ton, picking up by 14% against the previous year. Over the period under review, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in 2017 an increase of 108% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to France ($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 Spain (+65.9%), while the prices for the other major destinations experienced more modest paces of growth.

Lettuce And Chicory Imports

Imports into Chile

In 2022, lettuce and chicory imports into Chile soared to X tons, jumping by 5,381% on 2021 figures. In general, imports, however, continue to indicate a deep contraction. The pace of growth was the most pronounced in 2020 when imports increased by 21,502% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, lettuce and chicory imports skyrocketed to $X in 2022. Overall, imports, however, recorded a precipitous descent. The most prominent rate of growth was recorded in 2020 when imports increased by 1,099%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Brazil (X tons) was the main lettuce and chicory supplier to Chile, with a 98% share of total imports. It was followed by Germany (X kg), with a 2.2% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Brazil amounted to +218.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (0.0% per year) and Argentina (-63.3% per year).

In value terms, Brazil ($X) constituted the largest supplier of lettuce and chicory to Chile, comprising 68% of total imports. The second position in the ranking was held by Germany ($X), with a 28% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil stood at +146.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (0.0% per year) and Argentina (-55.3% per year).

Import Prices by Country

The average lettuce and chicory import price stood at $X per ton in 2022, shrinking by -93.1% against the previous year. Overall, the import price showed a sharp setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 1,784%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+21.9%).

Source: IndexBox Platform

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