Chile: Preserved Tomato Market 2025

Preserved Tomato Market Size in Chile

In 2021, after six years of growth, there was significant decline in the Chilean preserved tomato market, when its value decreased by -10.3% to $X. In general, consumption, however, posted a strong increase. Over the period under review, the market reached the peak level at $X in 2020, and then contracted in the following year.

Preserved Tomato Production in Chile

In value terms, preserved tomato production fell to $X in 2021 estimated in export price. Over the period under review, production, however, showed prominent growth. The pace of growth appeared the most rapid in 2019 with an increase of 58%. Preserved tomato production peaked at $X in 2020, and then shrank in the following year.

Preserved Tomato Exports

Exports from Chile

Preserved tomato exports from Chile surged to X tons in 2021, picking up by 22% against 2020 figures. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2013 when exports increased by 999%. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, preserved tomato exports reduced slightly to $X in 2021. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 805% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Venezuela (X tons) was the main destination for preserved tomato exports from Chile, accounting for a 57% share of total exports. Moreover, preserved tomato exports to Venezuela exceeded the volume sent to the second major destination, Japan (X tons), threefold. The United States (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to Venezuela amounted to +30.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+20.4% per year) and the United States (+73.3% per year).

In value terms, the largest markets for preserved tomato exported from Chile were Venezuela ($X), Germany ($X) and Japan ($X), with a combined 60% share of total exports.

In terms of the main countries of destination, Germany, with a CAGR of +55.7%, recorded the highest growth rate of 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

The average preserved tomato export price stood at $X per ton in 2021, dropping by -21.5% against the previous year. Overall, the export price, however, continues to indicate a resilient increase. The growth pace was the most rapid in 2019 when the average export price increased by 121%. Over the period under review, the average export prices reached the maximum at $X per ton in 2020, and then dropped dramatically in the following year.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the United States ($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 Dominican Republic (+38.1%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Tomato Imports

Imports into Chile

In 2021, overseas purchases of preserved tomatoes increased by 69% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports saw prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, preserved tomato imports surged to $X in 2021. Over the period under review, imports showed a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Italy (X tons) constituted the largest preserved tomato supplier to Chile, with a 71% share of total imports. Moreover, preserved tomato imports from Italy exceeded the figures recorded by the second-largest supplier, Portugal (X tons), fivefold. The third position in this ranking was taken by Spain (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Italy totaled +15.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+30.9% per year) and Spain (+15.1% per year).

In value terms, Italy ($X) constituted the largest supplier of preserved tomatoes to Chile, comprising 78% of total imports. The second position in the ranking was taken by Portugal ($X), with a 7.9% share of total imports. It was followed by Spain, with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy amounted to +17.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+36.8% per year) and Spain (+14.7% per year).

Import Prices by Country

The average preserved tomato import price stood at $X per ton in 2021, rising by 20% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Spain ($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 (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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