Chile: Canary Seed Market Overview 2021

Canary Seed Market Size in Chile

The Chilean canary seed market shrank to $X in 2019, waning by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a pronounced curtailment. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Over the period under review, the market attained the peak level at $X in 2008; however, from 2009 to 2019, consumption stood at a somewhat lower figure.

Canary Seed Exports

Exports from Chile

In 2019, approx. X kg of canary seed were exported from Chile; approximately mirroring the previous year. In general, exports continue to indicate a abrupt contraction. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

In value terms, canary seed exports amounted to $X in 2019. Over the period under review, exports saw a strong increase. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. Exports peaked at $X in 2013; however, from 2014 to 2019, exports remained at a lower figure.

Exports by Country

Guatemala (X kg) was the main destination for canary seed exports from Chile, with a approx. X% share of total exports.

From 2007 to 2013, the average annual rate of growth in terms of volume to Guatemala was relatively modest.

From 2007 to 2013, the average annual growth rate of value to Guatemala was relatively modest.

Export Prices by Country

In 2013, the average canary seed export price amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, the export price enjoyed significant growth. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Guatemala.

From 2007 to 2013, the rate of growth in terms of prices for Guatemala amounted to X% per year.

Canary Seed Imports

Imports into Chile

Canary seed imports into Chile fell to X tonnes in 2019, with a decrease of -X% compared with 2018 figures. Overall, imports showed a perceptible decrease. The growth pace was the most rapid in 2010 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at X tonnes in 2008; however, from 2009 to 2019, imports remained at a lower figure.

In value terms, canary seed imports declined to $X in 2019. Over the period under review, imports recorded a noticeable reduction. The pace of growth was the most pronounced in 2010 when imports increased by X% y-o-y. As a result, imports reached the peak of $X. From 2011 to 2019, the growth imports remained at a lower figure.

Imports by Country

In 2019, Canada (X tonnes) was the main canary seed supplier to Chile, with a X% share of total imports. Moreover, canary seed imports from Canada exceeded the figures recorded by the second-largest supplier, Argentina (X tonnes), more than tenfold.

From 2007 to 2019, the average annual growth rate of volume from Canada amounted to -X%.

In value terms, Canada ($X) constituted the largest supplier of canary seed to Chile, comprising X% of total imports. The second position in the ranking was occupied by Argentina ($X), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of value from Canada totaled -X%.

Import Prices by Country

In 2019, the average canary seed import price amounted to $X per tonne, surging by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 an increase of X% year-to-year. As a result, import price attained the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was Argentina ($X per tonne), while the price for Canada stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Canada.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for canary seed in the world?

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The countries with the highest volumes of canary seed consumption in 2019 were Thailand (39K tonnes), Mexico (37K tonnes) and Brazil (29K tonnes), together accounting for 36% of global consumption. Argentina, Belgium, Spain, Indonesia, Colombia, Italy, the U.S., Australia, Canada and Algeria lagged somewhat behind, together comprising a further 40%.

What are the largest producers of canary seed in the world?

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Canada (175K tonnes) remains the largest canary seed producing country worldwide, accounting for 61% of total volume. Moreover, canary seed production in Canada exceeded the figures recorded by the second-largest producer, Argentina (41K tonnes), fourfold. The third position in this ranking was occupied by Thailand (39K tonnes), with a 14% share.

What are the leading suppliers of canary seed to Chile?

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In value terms, Canada ($1.3M) constituted the largest supplier of canary seed to Chile, comprising 91% of total imports. The second position in the ranking was occupied by Argentina ($87K), with a 6.3% share of total imports.

What is the average export price for canary seed in Chile?

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The average canary seed export price stood at $1,973 per tonne in 2013, jumping by 22% against the previous year.

What is the average import price for canary seed in Chile?

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The average canary seed import price stood at $632 per tonne in 2019, picking up by 3.3% against the previous year.