Chile: Dry Peas Market 2025

Dry Peas Market Size in Chile

The Chilean dry peas market shrank remarkably to $X in 2021, with a decrease of -47.4% against the previous year. In general, consumption recorded a noticeable setback. As a result, consumption reached the peak level of $X, and then declined notably in the following year.

Dry Peas Production in Chile

In value terms, dry peas production amounted to $X in 2021 estimated in export price. Overall, production, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2016 with an increase of 487% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

The average yield of peas (dry) in Chile stood at X kg per ha in 2021, standing approx. at 2020. In general, the yield, however, continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2016 when the yield increased by 161% against the previous year. The dry peas yield peaked at X tons per ha in 2012; however, from 2013 to 2021, the yield stood 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 2021, approx. X ha of peas (dry) were harvested in Chile; remaining constant against 2020. In general, the harvested area, however, continues to indicate a deep setback. The pace of growth appeared the most rapid in 2016 when the harvested area increased by 127% against the previous year. The dry peas harvested area peaked at X ha in 2012; however, from 2013 to 2021, the harvested area failed to regain momentum.

Dry Peas Exports

Exports from Chile

In 2021, shipments abroad of peas (dry) increased by 630% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 1,466% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, dry peas exports soared to $X in 2021. In general, exports showed a significant increase. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for dry peas exports from Chile, accounting for a 68% share of total exports. Moreover, dry peas exports to France exceeded the volume sent to the second major destination, Guyana (X tons), sixfold. The third position in this ranking was taken by the Netherlands (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to France totaled +71.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guyana (0.0% per year) and the Netherlands (-17.0% per year).

In value terms, France ($X) remains the key foreign market for dry peas exports from Chile, comprising 59% of total exports. The second position in the ranking was held by the United States ($X), with a 23% share of total exports. It was followed by the Netherlands, with a 9.4% share.

From 2012 to 2021, the average annual growth rate of value to France amounted to +67.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+57.7% per year) and the Netherlands (-16.5% per year).

Export Prices by Country

In 2021, the average dry peas export price amounted to $X per ton, with a decrease of -23.3% against the previous year. Over the period under review, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2013 an increase of 323% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Guyana ($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 the United States (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.

Dry Peas Imports

Imports into Chile

Dry peas imports into Chile contracted markedly to X tons in 2021, waning by -50.4% against the previous year's figure. In general, imports, however, posted mild growth. The pace of growth was the most pronounced in 2020 when imports increased by 170%. As a result, imports reached the peak of X tons, and then dropped significantly in the following year.

In value terms, dry peas imports declined significantly to $X in 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 153% against the previous year. As a result, imports attained the peak of $X, and then declined notably in the following year.

Imports by Country

Argentina (X tons), Canada (X tons) and the United States (X tons) were the main suppliers of dry peas imports to Chile, with a combined 92% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Argentina (with a CAGR of +38.7%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X), Argentina ($X) and Canada ($X) constituted the largest dry peas suppliers to Chile, with a combined 82% share of total imports.

Argentina, with a CAGR of +34.4%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average dry peas import price amounted to $X per ton, growing by 15% against the previous year. Over the period under review, the import price, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2013 an increase of 26%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was New Zealand ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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