Chile - Dried Onions - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDried Onion Price in Chile - 2023
Contents:
- Dried Onion Price in Chile (CIF) - 2023
- Dried Onion Price in Chile (FOB) - 2022
- Dried Onion Imports in Chile
- Dried Onion Exports in Chile
Dried Onion Price in Chile (CIF) - 2023
In May 2023, the average dried onion import price amounted to $2,415 per ton, with a decrease of -22.2% against the previous month. Overall, the import price showed a pronounced contraction. The pace of growth was the most pronounced in January 2023 when the average import price increased by 63% month-to-month. As a result, import price reached the peak level of $4,661 per ton. From February 2023 to May 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was the United States ($5,805 per ton), while the price for China stood at $2,243 per ton.
From June 2022 to May 2023, the most notable rate of growth in terms of prices was attained by the United States (+0.1%).
Dried Onion Price in Chile (FOB) - 2022
The average dried onion export price stood at $3,064 per ton in 2022, with an increase of 24% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. 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 Argentina ($3,920 per ton), while the average price for exports to Brazil ($2,366 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 Mexico (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Dried Onion Imports in Chile
In 2022, overseas purchases of dried onions decreased by -30.3% to 630 tons, falling for the second year in a row after two years of growth. In general, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. As a result, imports reached the peak of 909 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, dried onion imports shrank remarkably to $1.8M in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 19% against the previous year.
| Import of Dried Onion in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,480 | 1,797 | 1,920 | 1,594 | 2.5% |
| United States | 78.3 | 75.8 | 104 | 149 | 23.9% |
| India | 118 | 103 | 226 | 54.9 | -22.5% |
| Others | 15.2 | 40.5 | 41.7 | 47.6 | 46.3% |
| Total | 1,692 | 2,016 | 2,291 | 1,845 | 2.9% |
Top Suppliers of Dried Onion to Chile in 2022:
- China (578.4 tons)
- United States (30.4 tons)
- India (17.3 tons)
Dried Onion Exports in Chile
In 2022, overseas shipments of dried onions decreased by -70.9% to 105 tons, falling for the second year in a row after two years of growth. Overall, exports saw a precipitous shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 19% against the previous year. As a result, the exports reached the peak of 426 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, dried onion exports fell markedly to $321K in 2022. In general, exports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 9.5%. As a result, the exports reached the peak of $1.1M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Dried Onion in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 489 | 515 | 352 | 98.0 | -41.5% |
| Colombia | 243 | 250 | 275 | 75.9 | -32.2% |
| Costa Rica | 198 | 277 | 230 | 58.2 | -33.5% |
| Brazil | N/A | 22.1 | 31.9 | 54.6 | 57.2% |
| Mexico | 15.6 | N/A | N/A | 26.5 | 19.3% |
| Uruguay | 5.8 | 13.2 | 3.0 | 8.3 | 12.7% |
| Others | 32.8 | N/A | N/A | N/A | 0% |
| Total | 984 | 1,078 | 893 | 321 | -31.2% |
Top Export Markets for Dried Onion from Chile in 2022:
- Colombia (25.2 tons)
- Argentina (25.0 tons)
- Brazil (23.1 tons)
- Costa Rica (20.7 tons)
- Mexico (8.8 tons)
- Uruguay (2.2 tons)
This report provides an in-depth analysis of the dried onion 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 10391330 - Dried onions, whole, cut, sliced, broken or in powder, but not further prepared
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.
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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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519
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Global dry vegetable exports reached $2B in 2020. China remains the largest supplier of dry vegetables worldwide and continues to expand its exports. India and the U.S. keep pace with the leader, emerging as the fastest-growing exporters. Last year, the U.S., Germany and Brazil constituted key markets for dry vegetables exported from China. India sent most of the exports to Nepal, Germany and the U.S. Near 42% of supplies from the U.S. were intended for Canada, Mexico and Japan.
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1362
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