Report Chile - Cereal Grains - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Chile - Cereal Grains - Market Analysis, Forecast, Size, Trends and Insights
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Chile: Grain Market 2022

Grain Market Size in Chile

In 2021, after two years of decline, there was significant growth in the Chilean grain market, when its value increased by 5.6% to $X. The market value increased at an average annual rate of +3.4% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in the near future.

Grain Production in Chile

In value terms, grain production dropped to $X in 2021 estimated in export price. Overall, production, however, showed a noticeable curtailment. The pace of growth was the most pronounced in 2015 with an increase of 31%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

In 2021, the average yield of cereal grains in Chile was estimated at X tons per ha, almost unchanged from the previous year's figure. The yield figure increased at an average annual rate of +1.5% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2015 with an increase of 15% against the previous year. The grain yield peaked at X tons per ha in 2018; however, from 2019 to 2021, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The grain harvested area in Chile amounted to X ha in 2021, picking up by 2.9% compared with 2020 figures. In general, the harvested area, however, saw a perceptible reduction. The pace of growth was the most pronounced in 2016 when the harvested area increased by 5.6% against the previous year. Over the period under review, the harvested area dedicated to grain production reached the peak figure at X ha in 2013; however, from 2014 to 2021, the harvested area stood at a somewhat lower figure.

Grain Exports

Exports from Chile

In 2021, the amount of cereal grains exported from Chile shrank to X tons, reducing by -12.6% on the year before. In general, exports showed a deep setback. The pace of growth was the most pronounced in 2017 when exports increased by 23%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, grain exports declined modestly to $X in 2021. Overall, exports saw a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 46%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), France (X tons) and Germany (X tons) were the main destinations of grain exports from Chile, together comprising 37% of total exports. Italy, Mexico, South Africa, Japan, Peru, Ecuador, the Dominican Republic and Colombia lagged somewhat behind, together accounting for a further 14%.

From 2012 to 2021, the biggest increases were in Mexico (with a CAGR of +126.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for grain exports from Chile, comprising 44% of total exports. The second position in the ranking was taken by France ($X), with a 20% share of total exports. It was followed by Italy, with a 5.3% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled -15.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+3.2% per year) and Italy (+25.5% per year).

Export Prices by Country

The average grain export price stood at $X per ton in 2021, growing by 9.1% against the previous year. In general, the export price, however, recorded a slight shrinkage. The most prominent rate of growth was recorded in 2013 when the average export price increased by 30% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Peru ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Grain Imports

Imports into Chile

After four years of growth, purchases abroad of cereal grains decreased by -4.5% to X tons in 2021. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +61.8% against 2013 indices. The most prominent rate of growth was recorded in 2017 with an increase of 25% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020, and then contracted modestly in the following year.

In value terms, grain imports expanded markedly to $X in 2021. In general, total imports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +90.1% against 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of 22% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

The United States (X tons), Argentina (X tons) and Canada (X tons) were the main suppliers of grain imports to Chile.

From 2012 to 2021, the biggest increases were in the United States (with a CAGR of +31.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X) constituted the largest supplier of grain to Chile, comprising 86% of total imports. The second position in the ranking was taken by Canada ($X), with a 14% share of total imports. It was followed by the United States, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Argentina amounted to +7.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+14.2% per year) and the United States (+5.1% per year).

Import Prices by Country

The average grain import price stood at $X per ton in 2021, rising by 19% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Paraguay ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (-0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for cereal grains in the world?
+
China remains the largest grain consuming country worldwide, comprising approx. 22% of total volume. Moreover, grain consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with an 11% share.
What are the largest producers of cereal grains in the world?
+
The countries with the highest volumes of production in 2021 were China, the United States and India, together comprising 46% of global production. These countries were followed by Russia, Brazil, Argentina, Indonesia, Ukraine, France, Canada, Bangladesh, Vietnam and Germany, which together accounted for a further 25%.
What are the leading suppliers of cereal grains to Chile?
+
In value terms, Argentina constituted the largest supplier of grain to Chile, comprising 86% of total imports. The second position in the ranking was held by Canada, with a 14% share of total imports. It was followed by the United States, with a 12% share.
What are the leading importers of cereal grains from Chile?
+
In value terms, the United States remains the key foreign market for grain exports from Chile, comprising 44% of total exports. The second position in the ranking was held by France, with a 20% share of total exports. It was followed by Italy, with a 5.3% share.
What is the average export price for cereal grains in Chile?
+
The average grain export price stood at $1,781 per ton in 2021, picking up by 9.1% against the previous year.
What is the average import price for cereal grains in Chile?
+
The average grain import price stood at $254 per ton in 2021, jumping by 19% against the previous year.

This report provides an in-depth analysis of the grain 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 108 - Cereals, nes
• FCL 103 - Mixed grain
• FCL 92 - Quinoa
• FCL 15 - Wheat
• FCL 71 - Rye
• FCL 44 - Barley
• FCL 75 - Oats
• FCL 56 - Maize
• FCL 27 - Rice, paddy
• FCL 83 - Sorghum
• FCL 89 - Buckwheat
• FCL 101 - Canary seed
• FCL 94 - Fonio
• FCL 97 - Triticale
• FCL 79 - Millet
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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2007-2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2021
Figure 5:
Trade Balance, In Physical Terms, 2007-2021
Figure 6:
Trade Balance, In Value Terms, 2007-2021
Figure 7:
Per Capita Consumption, 2007-2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2021
Figure 22:
Production, In Value Terms, 2012–2021
Figure 23:
Area Harvested, 2012–2021
Figure 24:
Yield, 2012–2021
Figure 25:
Imports, In Physical Terms, 2012–2021
Figure 26:
Imports, In Value Terms, 2012–2021
Figure 27:
Imports, In Physical Terms, By Country, 2021
Figure 28:
Imports, In Physical Terms, By Country, 2012–2021
Figure 29:
Imports, In Value Terms, By Country, 2012–2021
Figure 30:
Import Prices, By Country Of Origin, 2012–2021
Figure 31:
Exports, In Physical Terms, 2012–2021
Figure 32:
Exports, In Value Terms, 2012–2021
Figure 33:
Exports, In Physical Terms, By Country, 2021
Figure 34:
Exports, In Physical Terms, By Country, 2012–2021
Figure 35:
Exports, In Value Terms, By Country, 2012–2021
Figure 36:
Export Prices, By Country Of Destination, 2012–2021
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