Price for Vegetable Products Not Elsewhere Specified or Included in Chile - 2024
Contents:
- Price for Vegetable Products Not Elsewhere Specified or Included in Chile (FOB) - 2022
- Price for Vegetable Products Not Elsewhere Specified or Included in Chile (CIF) - 2022
- Exports of Vegetable Products Not Elsewhere Specified or Included in Chile
- Imports of Vegetable Products Not Elsewhere Specified or Included in Chile
Price for Vegetable Products Not Elsewhere Specified or Included in Chile (FOB) - 2022
The average export price for vegetable products not elsewhere specified or includeds stood at $6,653 per ton in 2022, with an increase of 19% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vegetable products not elsewhere specified or includeds increased by +85.6% against 2018 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 38% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($7,628 per ton), while the average price for exports to China ($3,288 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 Taiwan (Chinese) (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Vegetable Products Not Elsewhere Specified or Included in Chile (CIF) - 2022
In 2022, the average import price for vegetable products not elsewhere specified or includeds amounted to $1,192 per ton, growing by 4.1% against the previous year. Overall, the import price, however, recorded a pronounced descent. The growth pace was the most rapid in 2018 an increase of 74%. Over the period under review, average import prices hit record highs at $2,179 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,745 per ton), while the price for India ($637 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Vegetable Products Not Elsewhere Specified or Included in Chile
In 2022, after two years of decline, there was significant growth in overseas shipments of vegetable products not elsewhere specified or includeds, when their volume increased by 25% to 7.3K tons. Over the period under review, exports, however, showed a pronounced setback.
In value terms, exports of vegetable products not elsewhere specified or includeds skyrocketed to $41M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +9.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Vegetable Products Not Elsewhere Specified or Included in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 13.4 | 9.7 | 9.8 | 21.5 | 17.1% |
| Japan | 1.9 | 2.2 | 3.0 | 5.0 | 38.1% |
| Mexico | 4.8 | 5.0 | 3.9 | 3.1 | -13.6% |
| United States | 1.4 | 1.8 | 4.0 | 2.5 | 21.3% |
| China | 1.7 | 1.1 | 1.5 | 2.3 | 10.6% |
| Thailand | 2.7 | 1.9 | 1.4 | 1.5 | -17.8% |
| South Korea | 0.5 | 0.7 | 0.6 | 1.0 | 26.0% |
| Vietnam | 0.9 | 0.7 | 0.7 | 0.9 | 0.0% |
| Austria | 1.3 | 0.7 | 1.1 | 0.6 | -22.7% |
| Others | 2.7 | 2.0 | 3.7 | 2.2 | -6.6% |
| Total | 31.3 | 25.9 | 29.6 | 40.7 | 9.1% |
Top Export Markets for Vegetable Products Not Elsewhere Specified or Included from Chile in 2022:
- Taiwan (Chinese) (3617.0 tons)
- China (694.0 tons)
- Japan (657.6 tons)
- Mexico (613.8 tons)
- United States (517.2 tons)
- Thailand (322.7 tons)
- South Korea (197.8 tons)
- Vietnam (160.0 tons)
- Austria (157.4 tons)
Imports of Vegetable Products Not Elsewhere Specified or Included in Chile
After three years of growth, purchases abroad of vegetable products not elsewhere specified or includeds decreased by -25% to 785 tons in 2022. Overall, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 178% against the previous year.
In value terms, imports of vegetable products not elsewhere specified or includeds declined dramatically to $808K in 2022. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 109%.
| Import of Vegetable Products Not Elsewhere Specified or Included in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | N/A | 349 | 244 | 315 | -5.0% |
| United States | 246 | 299 | 301 | 178 | -10.2% |
| India | 62.6 | 110 | 42.8 | 149 | 33.5% |
| Peru | 17.7 | 16.3 | 36.9 | 24.5 | 11.4% |
| Sri Lanka | 14.4 | 28.8 | 61.3 | 24.4 | 19.2% |
| Spain | N/A | N/A | 184 | 1.2 | -99.3% |
| Italy | 16.5 | N/A | 149 | N/A | 200.5% |
| Others | 63.1 | 77.2 | 193 | 115 | 22.1% |
| Total | 420 | 879 | 1,211 | 808 | 24.4% |
Top Suppliers of Vegetable Products Not Elsewhere Specified or Included to Chile in 2022:
- Ecuador (380.3 tons)
- India (233.8 tons)
- United States (101.9 tons)
- Sri Lanka (25.9 tons)
- Peru (19.8 tons)
- Spain (1.2 tons)
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