Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Chile - 2024
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Chile (FOB) - 2024
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Chile (CIF) - 2024
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Chile
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Chile
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Chile (FOB) - 2024
In January 2024, the average export price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $3,614 per ton, dropping by -2.6% against the previous month. Over the period under review, the export price recorded a perceptible setback. The growth pace was the most rapid in December 2023 when the average export price increased by 2.8% against the previous month. The export price peaked at $3,837 per ton in October 2023; however, from November 2023 to January 2024, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In January 2024, the country with the highest price was Indonesia ($4,042 per ton), while the average price for exports to the Dominican Republic ($2,020 per ton) was amongst the lowest.
From October 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Chile (CIF) - 2024
The average import price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $4,039 per ton in January 2024, declining by -3.4% against the previous month. Over the period from January 2023 to January 2024, it increased at an average monthly rate of +3.4%. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 50% month-to-month. As a result, import price attained the peak level of $4,434 per ton. From November 2023 to January 2024, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($6,361 per ton), while the price for Haiti ($658 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Spain (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Chile
In 2022, exports of soups and broths and preparations therefor; homogenised composite food preparationses from Chile skyrocketed to 9.9K tons, picking up by 23% compared with the year before. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 105% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses surged to $34M in 2022. In general, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 112% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the near future.
| Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.6 | 19.8 | 19.6 | 23.4 | 52.5% |
| Canada | 4.1 | 4.7 | 3.8 | 7.1 | 20.1% |
| Dominican Republic | 0.2 | 0.5 | 1.6 | 1.1 | 76.5% |
| Indonesia | 1.0 | 0.5 | 0.5 | 0.7 | -11.2% |
| Peru | 0.5 | 0.4 | 0.7 | 0.6 | 6.3% |
| Others | 0.4 | 1.3 | 0.8 | 1.5 | 55.4% |
| Total | 12.8 | 27.2 | 26.8 | 34.3 | 38.9% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Chile in 2022:
- United States (6.3K tons)
- Canada (2.2K tons)
- Dominican Republic (0.6K tons)
- Indonesia (0.2K tons)
- Peru (0.2K tons)
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Chile
In 2022, after three years of growth, there was significant decline in purchases abroad of soups and broths and preparations therefor; homogenised composite food preparationses, when their volume decreased by -23.3% to 3.4K tons. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +10.3% 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 +34.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 35%. As a result, imports reached the peak of 4.4K tons, and then declined markedly in the following year.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses dropped to $12M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.6% 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 +42.7% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 33%.
| Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.3 | 6.9 | 6.1 | 7.2 | 4.6% |
| Peru | 0.3 | 1.0 | 1.7 | 1.8 | 81.7% |
| Poland | 0.1 | 2.0 | 2.3 | 0.7 | 91.3% |
| Brazil | N/A | 0.2 | 0.5 | 0.6 | 73.2% |
| Spain | 0.4 | 0.4 | 0.4 | 0.6 | 14.5% |
| China | 0.4 | 0.5 | 1.1 | 0.4 | 0.0% |
| South Korea | 0.2 | 0.2 | 0.6 | 0.4 | 26.0% |
| Others | 0.9 | 0.3 | 0.8 | 0.7 | -8.0% |
| Total | 8.7 | 11.5 | 13.6 | 12.4 | 12.5% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Chile in 2022:
- United States (1447.6 tons)
- Peru (856.1 tons)
- Spain (331.2 tons)
- China (198.8 tons)
- Poland (193.5 tons)
- South Korea (98.4 tons)
- Brazil (93.7 tons)
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