Chile - Extracts, Essences And Concentrates Of Tea Or Mate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingExtracts of Tea Price in Chile - 2023
Contents:
- Extracts of Tea Price in Chile (FOB) - 2022
- Extracts of Tea Price in Chile (CIF) - 2022
- Extracts of Tea Exports in Chile
- Extracts of Tea Imports in Chile
Extracts of Tea Price in Chile (FOB) - 2022
In 2022, the average extracts of tea export price amounted to $7,223 per ton, growing by 12% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. Over the period under review, the average export prices hit record highs at $7,312 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($27,150 per ton), while the average price for exports to Colombia ($5,491 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 Peru (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Extracts of Tea Price in Chile (CIF) - 2022
In 2022, the average extracts of tea import price amounted to $7,259 per ton, picking up by 59% against the previous year. Overall, the import price, however, recorded a mild decrease. Over the period under review, average import prices reached the peak figure at $10,602 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($24,432 per ton), while the price for Taiwan (Chinese) ($1,630 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Extracts of Tea Exports in Chile
In 2022, approx. 3.4K tons of extracts, essences and concentrates of tea or mate were exported from Chile; remaining stable against the previous year. The total export volume increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 18% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, extracts of tea exports expanded markedly to $25M in 2022. The total export value increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 19%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.
| Export of Extracts of Tea in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.3 | 10.5 | 12.9 | 10.2 | -3.4% |
| Ireland | 0.3 | 0.5 | 0.8 | 5.1 | 157.1% |
| Bolivia | N/A | 0.1 | 0.1 | 1.8 | 324.3% |
| Mexico | 1.9 | 2.0 | 1.8 | 1.3 | -11.9% |
| Colombia | 1.4 | 1.2 | 1.7 | 1.2 | -5.0% |
| Costa Rica | 0.8 | 0.7 | 0.6 | 0.9 | 4.0% |
| Peru | N/A | N/A | N/A | 0.9 | 0% |
| Taiwan (Chinese) | 1.0 | 0.7 | 0.8 | 0.8 | -7.2% |
| South Korea | 0.4 | 0.5 | 0.5 | 0.7 | 20.5% |
| Brazil | 0.3 | 0.6 | 0.6 | 0.5 | 18.6% |
| Australia | N/A | N/A | 0.1 | 0.5 | 400.0% |
| Singapore | 1.0 | 0.6 | 0.6 | 0.2 | -41.5% |
| Others | 1.7 | 1.1 | 1.4 | 0.8 | -22.2% |
| Total | 20.2 | 18.5 | 22.0 | 24.9 | 7.2% |
Top Export Markets for Extracts of Tea from Chile in 2022:
- United States (1623.8 tons)
- Ireland (627.4 tons)
- Colombia (215.5 tons)
- Mexico (214.4 tons)
- Peru (120.8 tons)
- Costa Rica (117.7 tons)
- Taiwan (Chinese) (105.5 tons)
- South Korea (79.4 tons)
- Australia (72.7 tons)
- Brazil (67.6 tons)
- Bolivia (66.3 tons)
- Singapore (30.5 tons)
Extracts of Tea Imports in Chile
In 2022, extracts of tea imports into Chile skyrocketed to 4.8K tons, growing by 77% on 2021 figures. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, extracts of tea imports skyrocketed to $35M in 2022. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Extracts of Tea in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.1 | 0.1 | 0.4 | 15.0 | 431.3% |
| Argentina | 2.9 | 3.5 | 5.5 | 4.9 | 19.1% |
| United States | 1.4 | 2.2 | 3.0 | 4.0 | 41.9% |
| Italy | N/A | N/A | N/A | 2.0 | 0% |
| Canada | N/A | N/A | N/A | 1.7 | 0% |
| Sweden | 0.4 | 0.2 | 0.3 | 0.9 | 31.0% |
| Taiwan (Chinese) | N/A | N/A | N/A | 0.3 | 0% |
| Peru | N/A | N/A | N/A | 0.3 | 0% |
| Venezuela | 0.1 | N/A | 0.3 | 0.1 | 0.0% |
| Others | 1.8 | 1.5 | 2.6 | 5.4 | 44.2% |
| Total | 6.7 | 7.7 | 12.3 | 34.6 | 72.8% |
Top Suppliers of Extracts of Tea to Chile in 2022:
- Argentina (1846.1 tons)
- China (1487.2 tons)
- Canada (352.4 tons)
- Taiwan (Chinese) (177.7 tons)
- United States (161.7 tons)
- Sweden (160.0 tons)
- Italy (134.2 tons)
- Peru (114.8 tons)
- Venezuela (30.6 tons)
This report provides an in-depth analysis of the extracts of tea 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 10831400 - Extracts, essences and concentrates of tea or mate, and preparations with a basis of these extracts, essences or concentrates, or with a basis of tea or mate
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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