Chile: Market for Non-Alcoholic Beverages, Not Containing Milk 2024

Market Size for Non-Alcoholic Beverages, Not Containing Milk in Chile

In 2022, the Chilean market for non-alcoholic beverages, not containing milk decreased by -6.3% to $X for the first time since 2017, thus ending a four-year rising trend. Over the period under review, the total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +108.9% against 2012 indices. Non-alcoholic beverage, not containing milk consumption peaked at $X in 2021, and then contracted in the following year.

Production of Non-Alcoholic Beverages, Not Containing Milk in Chile

In value terms, non-alcoholic beverage, not containing milk production shrank slightly to $X in 2022 estimated in export price. In general, the total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by +0.9% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of 30%. Non-alcoholic beverage, not containing milk production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Non-Alcoholic Beverages, Not Containing Milk

Exports from Chile

Non-alcoholic beverage, not containing milk exports from Chile stood at X litres in 2022, growing by 1.9% against 2021. Overall, exports, however, faced a sharp curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 55%. The exports peaked at X litres in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, non-alcoholic beverage, not containing milk exports shrank modestly to $X in 2022. Over the period under review, exports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 82%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Venezuela (X litres), Peru (X litres) and Colombia (X litres) were the main destinations of non-alcoholic beverage, not containing milk exports from Chile, together accounting for 52% of total exports. Paraguay, the United States, Cuba, the Dominican Republic and Bolivia lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Dominican Republic (with a CAGR of +101.5%), while the other leaders experienced more modest paces of growth.

In value terms, Peru ($X), the United States ($X) and Venezuela ($X) constituted the largest markets for non-alcoholic beverage, not containing milk exported from Chile worldwide, together comprising 43% of total exports. Colombia, Paraguay, Cuba, the Dominican Republic and Bolivia lagged somewhat behind, together comprising a further 22%.

Among the main countries of destination, the Dominican Republic, with a CAGR of +95.4%, 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 2022, the average export price for non-alcoholic beverages, not containing milk amounted to $X per litre, dropping by -3.8% against the previous year. Over the period under review, the export price, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 an increase of 48% against the previous year. As a result, the export price attained the peak level of $X per litre, and then fell in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Alcoholic Beverages, Not Containing Milk

Imports into Chile

In 2022, overseas purchases of non-alcoholic beverages, not containing milk decreased by -27.7% to X litres for the first time since 2016, thus ending a five-year rising trend. Over the period under review, imports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2021 with an increase of 46%. As a result, imports attained the peak of X litres, and then dropped remarkably in the following year.

In value terms, non-alcoholic beverage, not containing milk imports contracted significantly to $X in 2022. In general, imports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 80%. As a result, imports reached the peak of $X, and then reduced dramatically in the following year.

Imports by Country

Poland (X litres), Mexico (X litres) and Germany (X litres) were the main suppliers of non-alcoholic beverage, not containing milk imports to Chile, together accounting for 63% of total imports. China, South Korea, Brazil, Argentina, Peru, Uruguay, Spain, Colombia, the United States and Italy lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Uruguay (with a CAGR of +251.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Poland ($X) and Germany ($X) were the largest non-alcoholic beverage, not containing milk suppliers to Chile, together accounting for 60% of total imports. China, Brazil, South Korea, the United States, Argentina, Italy, Colombia, Uruguay, Spain and Peru lagged somewhat behind, together comprising a further 32%.

Uruguay, with a CAGR of +223.7%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for non-alcoholic beverages, not containing milk amounted to $X per litre, shrinking by -14% against the previous year. Overall, the import price recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2016 an increase of 33%. As a result, import price reached the peak level of $X per litre. From 2017 to 2022, the average import prices failed to regain momentum.

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 the United States ($X per litre), while the price for Peru ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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