Chile - Dry Bean - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDry Bean Price in Chile - 2023
Contents:
- Dry Bean Price in Chile (CIF) - 2023
- Dry Bean Price in Chile (FOB) - 2022
- Dry Bean Imports in Chile
- Dry Bean Exports in Chile
Dry Bean Price in Chile (CIF) - 2023
The average dry bean import price stood at $1,140 per ton in July 2023, approximately reflecting the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 an increase of 11% month-to-month. As a result, import price attained the peak level of $1,291 per ton. From October 2022 to July 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($3,379 per ton), while the price for Argentina ($966 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Bolivia (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Dry Bean Price in Chile (FOB) - 2022
In 2022, the average dry bean export price amounted to $2,810 per ton, picking up by 24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. Over the period under review, the average export prices reached the maximum at $2,811 per ton in 2015; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($5,332 per ton), while the average price for exports to Cuba ($1,347 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 Venezuela (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.
Dry Bean Imports in Chile
In 2022, imports of beans (dry) into Chile was estimated at 12K tons, stabilizing at the previous year. Over the period under review, imports, however, showed a slight contraction. The pace of growth appeared the most rapid in 2020 with an increase of 159%. As a result, imports attained the peak of 34K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, dry bean imports declined to $13M in 2022. Overall, imports posted a modest expansion. The most prominent rate of growth was recorded in 2020 with an increase of 190%. As a result, imports attained the peak of $35M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Dry Bean in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 5.7 | 25.6 | 7.9 | 9.7 | 19.4% |
| United States | 2.4 | 2.1 | 2.0 | 1.2 | -20.6% |
| Canada | 2.6 | 4.9 | 2.0 | 0.6 | -38.7% |
| China | 1.1 | 1.2 | 0.9 | 0.5 | -23.1% |
| Peru | 0.1 | 0.2 | 0.3 | 0.1 | 0.0% |
| Others | 0.3 | 1.2 | 0.6 | 0.5 | 18.6% |
| Total | 12.1 | 35.2 | 13.6 | 12.6 | 1.4% |
Top Suppliers of Dry Bean to Chile in 2022:
- Argentina (10.4K tons)
- United States (0.9K tons)
- Canada (0.4K tons)
- Peru (0.3K tons)
- China (0.1K tons)
Dry Bean Exports in Chile
In 2022, approx. 995 tons of beans (dry) were exported from Chile; falling by -41.8% compared with the previous year. In general, exports saw a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 130% against the previous year.
In value terms, dry bean exports declined notably to $2.8M in 2022. Overall, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 102% against the previous year.
| Export of Dry Bean in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 608 | 372 | 1,319 | 1,521 | 35.8% |
| United States | 308 | 431 | 974 | 411 | 10.1% |
| France | 5.5 | 625 | 390 | 386 | 312.5% |
| Hungary | 203 | 100 | 109 | 142 | -11.2% |
| Cuba | N/A | N/A | 17.5 | 50.7 | 189.7% |
| Italy | 150 | 19.5 | 198 | 46.1 | -32.5% |
| Peru | 7.4 | 95.8 | 131 | 43.6 | 80.6% |
| Venezuela | 2,735 | 49.9 | 209 | 34.7 | -76.7% |
| Angola | N/A | N/A | 93.1 | N/A | 0% |
| Others | 289 | 220 | 424 | 160 | -17.9% |
| Total | 4,306 | 1,915 | 3,866 | 2,796 | -13.4% |
Top Export Markets for Dry Bean from Chile in 2022:
- Netherlands (581.8 tons)
- France (136.4 tons)
- United States (119.0 tons)
- Hungary (45.5 tons)
- Cuba (37.6 tons)
- Peru (26.1 tons)
- Italy (19.8 tons)
- Venezuela (6.5 tons)
This report provides an in-depth analysis of the dry bean 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:
- FCL 176 - Beans, dry
- FCL 203 - Bambara beans
- FCL 195 - Cow peas, dry
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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