Chile: Vegetable Product Market 2025

Vegetable Product Market Size in Chile

The Chilean vegetable product market soared to $X in 2022, surging by 182% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Vegetable Product Production in Chile

In value terms, vegetable product production totaled $X in 2022 estimated in export price. Overall, production, however, saw a noticeable curtailment. The pace of growth appeared the most rapid in 2020 when the production volume increased by 5.7% against the previous year. Vegetable product production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

In 2022, the average yield of vegetable products in Chile was estimated at less than X kg per ha, stabilizing at 2021 figures. Overall, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The vegetable product harvested area in Chile was estimated at less than X ha in 2022, almost unchanged from 2021. Over the period under review, the harvested area showed a relatively flat trend pattern.

Vegetable Product Exports

Exports from Chile

For the third consecutive year, Chile recorded decline in overseas shipments of vegetable products, which decreased by -99.3% to X tons in 2022. Over the period under review, exports recorded a dramatic shrinkage. The growth pace was the most rapid in 2013 with an increase of 569%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, vegetable product exports reduced sharply to $X in 2022. In general, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2013 with an increase of 190%. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for vegetable product exports from Chile, accounting for a 92% share of total exports. Moreover, vegetable product exports to Germany exceeded the volume sent to the second major destination, the United States (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled +43.9%.

In value terms, Germany ($X) emerged as the key foreign market for vegetable products exports from Chile, comprising 95% of total exports. The second position in the ranking was held by the United States ($X), with a 4.8% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +47.4%.

Export Prices by Country

The average vegetable product export price stood at $X per ton in 2022, picking up by 199% against the previous year. Over the period under review, the export price recorded slight growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: 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 stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+4.6%), while the prices for the other major destinations experienced mixed trend patterns.

Vegetable Product Imports

Imports into Chile

In 2022, overseas purchases of vegetable products decreased by -32.3% to X tons, falling for the second year in a row after three years of growth. In general, imports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2016 with an increase of 80%. Over the period under review, imports attained the peak figure at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, vegetable product imports fell remarkably to $X in 2022. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 169%. Imports peaked at $X in 2021, and then shrank notably in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of vegetable product to Chile, with a 85% share of total imports. Moreover, vegetable product imports from China exceeded the figures recorded by the second-largest supplier, Spain (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +51.1%.

In value terms, China ($X) constituted the largest supplier of vegetable products to Chile, comprising 93% of total imports. The second position in the ranking was taken by Spain ($X), with a 4.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +49.5%.

Import Prices by Country

In 2022, the average vegetable product import price amounted to $X per ton, with an increase of 6.8% against the previous year. Overall, the import price posted strong growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 50%. The import price peaked in 2022 and is likely to continue growth in years to come.

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 Spain stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :