Mandarins Price in Chile - 2023

Contents:

  1. Mandarins Price in Chile (FOB) - 2022
  2. Mandarins Price in Chile (CIF) - 2022
  3. Mandarins Exports in Chile
  4. Mandarins Imports in Chile

Mandarins Price in Chile (FOB) - 2022

In 2022, the average mandarins export price amounted to $840 per ton, shrinking by -21.2% against the previous year. In general, the export price faced a deep setback. The most prominent rate of growth was recorded in 2020 when the average export price increased by 24% against the previous year. The export price peaked at $1,522 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($936 per ton), while the average price for exports to the United States ($829 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-8.6%), while the prices for the other major destinations experienced a decline.

Mandarins Price in Chile (CIF) - 2022

The average mandarins import price stood at $1,888 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 51% against the previous year. As a result, import price reached the peak level of $2,970 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,991 per ton), while the price for Peru stood at $1,374 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+1.9%).

Mandarins Exports in Chile

In 2022, overseas shipments of fruit, edible decreased by -28.3% to 89K tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a mild shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 40%. As a result, the exports reached the peak of 131K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, mandarins exports dropped rapidly to $75M in 2022. Over the period under review, exports saw a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 74%. As a result, the exports reached the peak of $164M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Mandarins in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States84.515112268.1-6.9%
Canada3.44.92.62.0-16.2%
United Kingdom3.62.23.31.9-19.2%
Others2.65.25.23.04.9%
Total94.216413375.0-7.3%

Top Export Markets for Mandarins from Chile in 2022:

  1. United States (82.1K tons)
  2. Canada (2.2K tons)
  3. United Kingdom (2.0K tons)

Mandarins Imports in Chile

In 2022, the amount of fruit, edible imported into Chile declined remarkably to 292 tons, waning by -56.8% compared with the previous year. Over the period under review, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 142% against the previous year. As a result, imports reached the peak of 676 tons, and then dropped dramatically in the following year.

In value terms, mandarins imports declined dramatically to $551K in 2022. Overall, imports recorded a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 79%. As a result, imports reached the peak of $1.3M, and then dropped rapidly in the following year.

Import of Mandarins in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,1536051,109484-25.1%
Peru97.210215467.4-11.5%
Others0.3N/A2.4N/A182.8%
Total1,2507071,266551-23.9%

Top Suppliers of Mandarins to Chile in 2022:

  1. United States (243.1 tons)
  2. Peru (49.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Mandarins - Chile