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

Cereal Market Size in Chile

In 2021, the Chilean cereal market increased by 5.6% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +3.4% over the period 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.

Cereal Production in Chile

In value terms, cereal production contracted slightly to $X in 2021 estimated in export price. In general, production, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in 2015 when the production volume increased by 31% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

In 2021, the average cereal yield in Chile rose slightly to X tons per ha, surging by 4% on 2020. The yield figure increased at an average annual rate of +1.9% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of 15% against the previous year. Over the period under review, the average cereal yield attained the peak level in 2021 and is expected to retain growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. X ha of cereals were harvested in Chile; remaining relatively unchanged against 2020. Over the period under review, the harvested area continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2016 with an increase of 5.6% against the previous year. The cereal harvested area peaked at X ha in 2013; however, from 2014 to 2021, the harvested area stood at a somewhat lower figure.

Cereal Exports

Exports from Chile

In 2021, approx. X tons of cereals were exported from Chile; which is down by -12.6% on 2020 figures. In general, exports showed a deep contraction. The growth pace was the most rapid in 2017 with an increase of 23%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, cereal exports contracted slightly to $X in 2021. Overall, exports showed a abrupt slump. The growth pace was the most rapid in 2020 when exports increased by 46%. The exports peaked 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 cereal exports from Chile, with a combined 37% share 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 most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +126.0%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for cereal exports from Chile, comprising 44% of total exports. The second position in the ranking was taken by France ($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 rate of growth in terms of value to the United States amounted to -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 cereal export price stood at $X per ton in 2021, rising by 9.1% against the previous year. Over the period under review, the export price, however, saw a slight setback. The growth pace was the most rapid in 2013 when the average export price increased by 30% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign 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.

Cereal Imports

Imports into Chile

After four years of growth, purchases abroad of cereals decreased by -4.5% to X tons in 2021. In general, total imports indicated buoyant growth 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 growth pace was the most rapid in 2017 with an increase of 25% against the previous year. Over the period under review, imports attained the maximum at X tons in 2020, and then dropped slightly in the following year.

In value terms, cereal imports stood at $X in 2021. Over the period under review, total imports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine years. 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 growth pace was the most rapid in 2017 with an increase of 22%. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

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

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +29.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X) constituted the largest supplier of cereal to Chile, comprising 86% of total imports. The second position in the ranking was held by Canada ($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 (+5.0% per year).

Import Prices by Country

The average cereal import price stood at $X per ton in 2021, rising by 19% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: 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 Canada (-0.7%), 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 cereals in the world?
+
China remains the largest cereal consuming country worldwide, accounting for 22% of total volume. Moreover, cereal consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was held by India, with an 11% share.
What are the largest producers of cereals in the world?
+
The countries with the highest volumes of production in 2021 were China, the United States and India, with a combined 46% share of global production. Russia, Brazil, Argentina, Indonesia, Ukraine, France, Canada, Bangladesh, Vietnam and Germany lagged somewhat behind, together comprising a further 25%.
What are the leading suppliers of cereals to Chile?
+
In value terms, Argentina constituted the largest supplier of cereal to Chile, comprising 86% of total imports. The second position in the ranking was taken 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 cereals from Chile?
+
In value terms, the United States remains the key foreign market for cereal exports from Chile, comprising 44% of total exports. The second position in the ranking was taken 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 cereals in Chile?
+
The average cereal export price stood at $1,781 per ton in 2021, growing by 9.1% against the previous year.
What is the average import price for cereals in Chile?
+
In 2021, the average cereal import price amounted to $254 per ton, surging by 19% against the previous year.

This report provides an in-depth analysis of the cereal 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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