Chile: Market for Processed cheese (excluding grated or powdered) 2021

Market Size for Processed cheese (excluding grated or powdered) in Chile

The Chilean market for processed cheese (excluding grated or powdered) expanded slightly to $X in 2020, increasing by X% against the previous year. In general, consumption continues to indicate a perceptible setback. The growth pace was the most rapid in 2018 when the market value increased by X% year-to-year. Consumption peaked at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

Production of Processed cheese (excluding grated or powdered) in Chile

In value terms, production of processed cheese (excluding grated or powdered) expanded rapidly to $X in 2020 estimated in export prices. Overall, production showed a drastic downturn. Production peaked at $X in 2007; however, from 2008 to 2020, production remained at a lower figure.

Exports of Processed cheese (excluding grated or powdered)

Exports from Chile

In 2020, shipments abroad of processed cheese (excluding grated or powdered) was finally on the rise to reach X tons after ten years of decline. Over the period under review, exports, however, faced a abrupt downturn. Over the period under review, exports reached the maximum at X tons in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, exports of processed cheese (excluding grated or powdered) skyrocketed to $X in 2020. Overall, exports, however, faced a deep setback. Exports peaked at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Bolivia (X tons) was the main destination for exports of processed cheese (excluding grated or powdered) from Chile, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Bolivia stood at -X%.

In value terms, Bolivia ($X) also remains the key foreign market for processed cheese (excluding grated or powdered) exports from Chile.

From 2007 to 2020, the average annual rate of growth in terms of value to Bolivia amounted to -X%.

Export Prices by Country

In 2020, the average export price for processed cheese (excluding grated or powdered) amounted to $X per ton, falling by -X% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per ton. From 2009 to 2020, the growth in terms of the average export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for Bolivia.

From 2007 to 2020, the rate of growth in terms of prices for Bolivia amounted to -X% per year.

Imports of Processed cheese (excluding grated or powdered)

Imports into Chile

In 2020, approx. X tons of processed cheese (excluding grated or powdered) were imported into Chile; dropping by -X% on 2019 figures. Over the period under review, imports, however, enjoyed mild growth. The pace of growth was the most pronounced in 2013 when imports increased by X% year-to-year. Imports peaked at X tons in 2016; however, from 2017 to 2020, imports remained at a lower figure.

In value terms, imports of processed cheese (excluding grated or powdered) reduced notably to $X in 2020. In general, imports, however, posted tangible growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2020, imports failed to regain the momentum.

Imports by Country

France (X tons), Brazil (X tons) and Uruguay (X tons) were the main suppliers of imports of processed cheese (excluding grated or powdered) to Chile, with a combined X% share of total imports. These countries were followed by New Zealand, the U.S. and Argentina, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by New Zealand (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of processed cheese (excluding grated or powdered) to Chile, comprising X% of total imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total imports. It was followed by Uruguay, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from France stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-X% per year) and Uruguay (-X% per year).

Import Prices by Country

The average import price for processed cheese (excluding grated or powdered) stood at $X per ton in 2020, shrinking by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% year-to-year. The import price peaked at $X per ton in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Argentina ($X per ton), while the price for New Zealand ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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