Chile: Canary Seed Market Overview 2021

Canary Seed Market Size in Chile

The Chilean canary seed market skyrocketed to $X in 2020, with an increase of 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). Overall, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when the market value increased by X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2008; however, from 2009 to 2020, consumption stood at a somewhat lower figure.

Canary Seed Exports

Exports from Chile

In 2020, approx. X kg of canary seed were exported from Chile; approximately equating the previous year. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2013 when exports increased by X% year-to-year. As a result, exports reached the peak of X tonnes. from 2014 to 2020, the growth exports failed to regain the momentum.

In value terms, canary seed exports amounted to $X in 2020. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. As a result, exports reached the peak of $X. from 2014 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Guatemala (X tonnes) 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 growth rate 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, with a decrease of -X% against the previous year. Overall, the export price, however, showed buoyant growth. The growth pace was the most rapid in 2008 an increase of X% year-to-year. The export price peaked at $X per tonne in 2012, and then fell in the following year.

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

In 2020, approx. X tonnes of canary seed were imported into Chile; jumping by X% on 2019 figures. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

In value terms, canary seed imports soared to $X in 2020. Over the period under review, imports continue to indicate a relatively flat trend pattern. 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 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, Canada (X tonnes) constituted the largest canary seed supplier to Chile, accounting for a X% share of total imports. Moreover, canary seed imports from Canada exceeded the figures recorded by the second-largest supplier, Argentina (X tonnes), fourfold.

From 2007 to 2020, the average annual rate of growth in terms 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 2020, the average annual growth rate of value from Canada was relatively modest.

Import Prices by Country

In 2020, the average canary seed import price amounted to $X per tonne, declining by -X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. As a result, import price reached the peak level of $X per tonne. from 2012 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Canada ($X per tonne), while the price for Argentina totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada.

Source: IndexBox Platform