Chile - Whey - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWhey Price in Chile - 2023
Contents:
- Whey Price in Chile (CIF) - 2023
- Whey Price in Chile (FOB) - 2023
- Whey Imports in Chile
- Whey Exports in Chile
Whey Price in Chile (CIF) - 2023
In September 2023, the average whey import price amounted to $2,415 per ton, remaining relatively unchanged against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.3%. The pace of growth was the most pronounced in December 2022 an increase of 86% m-o-m. The import price peaked at $2,600 per ton in April 2023; however, from May 2023 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Argentina ($3,655 per ton), while the price for Canada ($1,013 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Whey Price in Chile (FOB) - 2023
In September 2023, the average whey export price amounted to $801 per ton, which is down by -19.6% against the previous month. Over the period under review, the export price recorded a abrupt setback. The pace of growth appeared the most rapid in December 2022 an increase of 15% against the previous month. The export price peaked at $1,633 per ton in October 2022; however, from November 2022 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Singapore ($1,863 per ton), while the average price for exports to South Korea ($284 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (0.0%), while the prices for the other major destinations experienced a decline.
Whey Imports in Chile
In 2022, overseas purchases of whey were finally on the rise to reach 12K tons after two years of decline. The total import volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, whey imports surged to $29M in 2022. The total import value increased at an average annual rate of +10.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Whey in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 13.6 | 13.4 | 15.9 | 16.9 | 7.5% |
| United States | 3.6 | 3.4 | 3.0 | 4.9 | 10.8% |
| Ireland | N/A | 1.5 | 1.2 | 2.2 | 21.1% |
| Netherlands | 0.4 | 1.0 | N/A | 2.1 | 73.8% |
| Others | 3.8 | 1.7 | 2.6 | 2.3 | -15.4% |
| Total | 21.4 | 21.0 | 22.7 | 28.5 | 10.0% |
Top Suppliers of Whey to Chile in 2022:
- Argentina (5.6K tons)
- United States (3.8K tons)
- Netherlands (1.5K tons)
- Ireland (0.5K tons)
Whey Exports in Chile
In 2022, after two years of decline, there was significant growth in shipments abroad of whey, when their volume increased by 7.4% to 16K tons. In general, exports, however, showed a relatively flat trend pattern.
In value terms, whey exports surged to $24M in 2022. Over the period under review, exports posted a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Whey in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 5.0 | 4.9 | 6.3 | 7.4 | 14.0% |
| Singapore | N/A | N/A | N/A | 6.4 | 0% |
| China | 3.2 | 3.1 | 3.7 | 3.9 | 6.8% |
| South Korea | 1.7 | 1.5 | 1.8 | 2.4 | 12.2% |
| Colombia | 1.7 | 1.5 | 1.0 | 1.5 | -4.1% |
| El Salvador | 0.8 | 0.4 | 1.3 | 0.9 | 4.0% |
| Guatemala | 0.2 | 0.2 | 0.8 | 0.5 | 35.7% |
| Others | 2.0 | 0.8 | 0.8 | 1.5 | -9.1% |
| Total | 14.5 | 12.4 | 15.5 | 24.5 | 19.1% |
Top Export Markets for Whey from Chile in 2022:
- Peru (5.9K tons)
- China (2.9K tons)
- Singapore (2.1K tons)
- South Korea (2.0K tons)
- Colombia (1.0K tons)
- El Salvador (0.7K tons)
- Guatemala (0.4K tons)
This report provides an in-depth analysis of the whey 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 890 - Whey, Condensed
- FCL 900 - Dry Whey
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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This report provides an in-depth analysis of the whey market in Chile.
875
This report provides an in-depth analysis of the global whey market.
523
This report provides an in-depth analysis of the whey market in Chile.
875
This report provides an in-depth analysis of the global whey market.
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