Chile: Market for Apple Juice (Single Strength) 2021

Market Size for Apple Juice (Single Strength) in Chile

In 2020, after three years of growth, there was significant decline in the Chilean apple juice (single strength) market, when its value decreased by -X% to $X. In general, consumption, however, enjoyed significant growth. The growth pace was the most rapid in 2009 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2019, and then reduced in the following year.

Exports of Apple Juice (Single Strength)

Exports from Chile

In 2020, shipments abroad of apple juice (single strength) increased by X% to X tonnes, rising for the third consecutive year after eight years of decline. Over the period under review, exports, however, showed a perceptible descent. Exports peaked at X tonnes in 2009; however, from 2010 to 2020, exports stood at a somewhat lower figure.

In value terms, apple juice (single strength) exports soared to $X in 2020. In general, exports, however, continue to indicate a relatively flat trend pattern. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tonnes) was the main destination for apple juice (single strength) exports from Chile, with a X% share of total exports. Moreover, apple juice (single strength) exports to the Netherlands exceeded the volume sent to the second major destination, Ecuador (X tonnes), more than tenfold. The third position in this ranking was occupied by the U.S. (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to the Netherlands totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (+X% per year) and the U.S. (+X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for apple juice (single strength) exports from Chile, comprising X% of total exports. The second position in the ranking was occupied by Ecuador ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2007 to 2020, the average annual growth rate of value to the Netherlands totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (+X% per year) and China (X% per year).

Export Prices by Country

In 2020, the average apple juice (single strength) export price amounted to $X per tonne, surging by X% against the previous year. In general, export price indicated a noticeable expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, apple juice (single strength) export price increased by +X% against 2009 indices. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per tonne), while the average price for exports to the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Cuba, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Apple Juice (Single Strength)

Imports into Chile

In 2020, after three years of growth, there was decline in overseas purchases of apple juice (single strength), when their volume decreased by X% to X tonnes. In general, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tonnes in 2019, and then reduced slightly in the following year.

In value terms, apple juice (single strength) imports shrank modestly to $X in 2020. Overall, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Imports peaked at $X in 2019, and then dropped slightly in the following year.

Imports by Country

In 2020, Mexico (X tonnes) constituted the largest apple juice (single strength) supplier to Chile, accounting for a X% share of total imports. Moreover, apple juice (single strength) imports from Mexico exceeded the figures recorded by the second-largest supplier, Canada (X tonnes), ninefold. Argentina (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Mexico stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+X% per year) and Argentina (+X% per year).

In value terms, Mexico ($X) constituted the largest supplier of apple juice (single strength) to Chile, comprising X% of total imports. The second position in the ranking was occupied by Argentina ($X), with a X% share of total imports. It was followed by Canada, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Mexico stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+X% per year) and Canada (+X% per year).

Import Prices by Country

In 2020, the average apple juice (single strength) import price amounted to $X per tonne, approximately mirroring the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per tonne. from 2017 to 2020, the growth in terms of 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 Argentina ($X per tonne), while the price for Canada ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Venezuela, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform