Chile: Market for Non-Citrus Fruits Not Elsewhere Classified 2024

Market Size for Non-Citrus Fruits Not Elsewhere Classified in Chile

The Chilean market for non-citrus fruits not elsewhere classified expanded sharply to $X in 2022, growing by 6.7% against the previous year. Over the period under review, consumption posted a resilient increase. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in years to come.

Production of Non-Citrus Fruits Not Elsewhere Classified in Chile

In value terms, non-citrus fruits not elsewhere classified production dropped slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.7% 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 2017 when the production volume increased by 12%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Non-Citrus Fruits Not Elsewhere Classified

Exports from Chile

In 2022, shipments abroad of non-citrus fruits not elsewhere classified decreased by -21.5% to X tons, falling for the fourth consecutive year after three years of growth. Over the period under review, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when exports increased by 17% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-citrus fruits not elsewhere classified exports dropped significantly to $X in 2022. In general, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2017 when exports increased by 30%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for non-citrus fruits not elsewhere classified exports from Chile, with a 70% share of total exports. Moreover, non-citrus fruits not elsewhere classified exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X tons), fourfold. The UK (X tons) ranked third in terms of total exports with a 6.2% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled -6.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-12.8% per year) and the UK (+3.4% per year).

In value terms, the United States ($X), the Netherlands ($X) and the UK ($X) constituted the largest markets for non-citrus fruits not elsewhere classified exported from Chile worldwide, together accounting for 88% of total exports.

Among the main countries of destination, the UK, with a CAGR of +2.6%, 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 a decline.

Export Prices by Country

The average export price for non-citrus fruits not elsewhere classified stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-citrus fruits not elsewhere classified export price increased by +31.1% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 29%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to the UK ($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 the Netherlands (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Citrus Fruits Not Elsewhere Classified

Imports into Chile

In 2022, supplies from abroad of non-citrus fruits not elsewhere classified increased by 102% to X tons, rising for the second year in a row after five years of decline. Over the period under review, imports showed a significant increase. The pace of growth was the most pronounced in 2014 with an increase of 318,600%. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, non-citrus fruits not elsewhere classified imports surged to $X in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2014 when imports increased by 173,509% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest non-citrus fruits not elsewhere classified supplier to Chile, accounting for a 53% share of total imports. Moreover, non-citrus fruits not elsewhere classified imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +106.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+311.3% per year) and Peru (+124.8% per year).

In value terms, China ($X) constituted the largest supplier of non-citrus fruits not elsewhere classified to Chile, comprising 64% of total imports. The second position in the ranking was held by the United States ($X), with a 24% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +117.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+215.7% per year) and Peru (+113.3% per year).

Import Prices by Country

The average import price for non-citrus fruits not elsewhere classified stood at $X per ton in 2022, growing by 49% against the previous year. In general, the import price, however, continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 404% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 China ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+18.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform