Chile - Coffee Extracts, Essences And Concentrates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCoffee Extract Price in Chile - 2023
Contents:
- Coffee Extract Price in Chile (CIF) - 2022
- Coffee Extract Price in Chile (FOB) - 2022
- Coffee Extract Imports in Chile
- Coffee Extract Exports in Chile
Coffee Extract Price in Chile (CIF) - 2022
In 2022, the average coffee extract import price amounted to $13,119 per ton, picking up by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Colombia ($21,962 per ton), while the price for Mexico ($5,695 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Coffee Extract Price in Chile (FOB) - 2022
The average coffee extract export price stood at $6,163 per ton in 2022, increasing by 9.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2017 when the average export price increased by 14%. The export price peaked at $6,532 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($12,476 per ton), while the average price for exports to Argentina ($4,485 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 Paraguay (+23.9%), while the prices for the other major destinations experienced more modest paces of growth.
Coffee Extract Imports in Chile
In 2022, approx. 4.6K tons of coffee extracts, essences and concentrates were imported into Chile; which is down by -19.6% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. As a result, imports reached the peak of 5.8K tons, and then fell remarkably in the following year.
In value terms, coffee extract imports declined to $61M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 65% against the previous year. As a result, imports attained the peak of $64M, and then fell modestly in the following year.
| Import of Coffee Extract in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 11.9 | 9.4 | 11.4 | 18.4 | 15.6% |
| Brazil | 13.7 | 11.7 | 20.2 | 15.4 | 4.0% |
| South Korea | 4.8 | 6.6 | 14.2 | 8.5 | 21.0% |
| United Kingdom | 4.6 | 3.2 | 6.4 | 5.7 | 7.4% |
| Vietnam | 1.3 | 2.2 | 1.3 | 3.4 | 37.8% |
| Germany | 0.5 | 1.0 | 1.1 | 2.0 | 58.7% |
| Italy | 0.8 | 0.7 | 1.1 | 1.4 | 20.5% |
| Others | 4.5 | 3.7 | 7.9 | 6.2 | 11.3% |
| Total | 42.1 | 38.6 | 63.5 | 61.0 | 13.2% |
Top Suppliers of Coffee Extract to Chile in 2022:
- Brazil (1322.0 tons)
- Colombia (838.4 tons)
- United Kingdom (782.2 tons)
- South Korea (431.9 tons)
- Vietnam (348.6 tons)
- Germany (221.5 tons)
- Italy (177.6 tons)
Coffee Extract Exports in Chile
For the third year in a row, Chile recorded decline in shipments abroad of coffee extracts, essences and concentrates, which decreased by -29% to 593 tons in 2022. In general, exports recorded a abrupt curtailment. The smallest decline of -10.4% was in 2020.
In value terms, coffee extract exports fell sharply to $3.7M in 2022. Over the period under review, exports showed a deep downturn. The smallest decline of -1.1% was in 2020.
| Export of Coffee Extract in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 1,161 | 532 | 798 | 1,144 | -0.5% |
| Colombia | 1,587 | 2,359 | 1,574 | 829 | -19.5% |
| Peru | 1,005 | 808 | 459 | 597 | -15.9% |
| Bolivia | 481 | 601 | 321 | 506 | 1.7% |
| Ecuador | 231 | 105 | 172 | 273 | 5.7% |
| Paraguay | 259 | 197 | 32.0 | 229 | -4.0% |
| Malaysia | N/A | N/A | 458 | N/A | 0% |
| United Kingdom | 417 | N/A | N/A | N/A | 0% |
| Canada | 535 | 1,424 | 671 | N/A | 12.0% |
| Others | 868 | 445 | 207 | 74.4 | -55.9% |
| Total | 6,543 | 6,472 | 4,693 | 3,653 | -17.7% |
Top Export Markets for Coffee Extract from Chile in 2022:
- Argentina (255.1 tons)
- Colombia (116.2 tons)
- Peru (87.0 tons)
- Ecuador (57.7 tons)
- Bolivia (40.5 tons)
- Paraguay (23.0 tons)
This report provides an in-depth analysis of the coffee extract market in Chile. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10831210 - Coffee substitutes containing coffee
- Prodcom 10831240 - Extracts, essences and concentrates, of coffee, and preparations with a basis of these extracts, essences or concentrates or with a basis of coffee
Country coverage:
- Chile
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Chile
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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