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Chile - Condensed Or Evaporated Milk (Sweetened) - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Chile: Overview of the Market for Condensed Or Evaporated Milk (Sweetened) 2021

Market Size for Condensed Or Evaporated Milk (Sweetened) in Chile

The Chilean market for condensed or evaporated milk (sweetened) soared to $X in 2019, increasing by X% against the previous year. Over the period under review, the total consumption indicated a buoyant increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Sweetened condensed and evaporated milk consumption peaked in 2019 and is expected to retain growth in the near future.

Production of Condensed Or Evaporated Milk (Sweetened) in Chile

In value terms, sweetened condensed and evaporated milk production contracted slightly to $X in 2019 estimated in export prices. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when the production volume increased by X% year-to-year. Over the period under review, production attained the maximum level at $X in 2008; however, from 2009 to 2019, production failed to regain the momentum.

Exports of Condensed Or Evaporated Milk (Sweetened)

Exports from Chile

Sweetened condensed and evaporated milk exports from Chile dropped to X tonnes in 2019, which is down by -X% on the year before. Over the period under review, exports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, sweetened condensed and evaporated milk exports declined to $X in 2019. In general, exports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2008; however, from 2009 to 2019, exports remained at a lower figure.

Exports by Country

The U.S. (X tonnes) was the main destination for sweetened condensed and evaporated milk exports from Chile, accounting for a X% share of total exports. Moreover, sweetened condensed and evaporated milk exports to the U.S. exceeded the volume sent to the second major destination, Peru (X tonnes), threefold. Costa Rica (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to the U.S. amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+X% per year) and Costa Rica (+X% per year).

In value terms, the U.S. ($X) remains the key foreign market for sweetened condensed and evaporated milk exports from Chile, comprising X% of total exports. The second position in the ranking was occupied by Peru ($X), with a X% share of total exports. It was followed by Costa Rica, with a X% share.

From 2007 to 2019, the average annual growth rate of value to the U.S. amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+X% per year) and Costa Rica (+X% per year).

Export Prices by Country

In 2019, the average export price for condensed or evaporated milk (sweetened) amounted to $X per tonne, which is down by -X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. 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 2011; however, from 2012 to 2019, export prices stood at a somewhat lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Condensed Or Evaporated Milk (Sweetened)

Imports into Chile

In 2019, approx. X tonnes of condensed or evaporated milk (sweetened) were imported into Chile; with an increase of X% on 2018. Overall, imports recorded resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Imports peaked in 2019 and are likely to continue growth in the immediate term.

In value terms, sweetened condensed and evaporated milk imports soared to $X in 2019. Over the period under review, imports continue to indicate strong growth. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, imports hit record highs in 2019 and are expected to retain growth in the near future.

Imports by Country

In 2019, Brazil (X tonnes) constituted the largest sweetened condensed and evaporated milk supplier to Chile, accounting for a X% share of total imports. Moreover, sweetened condensed and evaporated milk imports from Brazil exceeded the figures recorded by the second-largest supplier, Malaysia (X tonnes), twofold. The third position in this ranking was occupied by Peru (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from Brazil totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+X% per year) and Peru (+X% per year).

In value terms, Brazil ($X) constituted the largest supplier of sweetened condensed and evaporated milk to Chile, comprising X% of total imports. The second position in the ranking was occupied by Peru ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

From 2007 to 2019, the average annual growth rate of value from Brazil stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (+X% per year) and Malaysia (+X% per year).

Import Prices by Country

In 2019, the average import price for condensed or evaporated milk (sweetened) amounted to $X per tonne, surging by X% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2014; however, from 2015 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Colombia ($X per tonne), while the price for Haiti ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for condensed or evaporated milk (sweetened) in the world?
+
The country with the largest volume of sweetened condensed and evaporated milk consumption was the U.S. (828K tonnes), accounting for 34% of total volume. Moreover, sweetened condensed and evaporated milk consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Malaysia (278K tonnes), threefold. The UK (170K tonnes) ranked third in terms of total consumption with a 6.9% share.
What are the largest producers of condensed or evaporated milk (sweetened) in the world?
+
The U.S. (814K tonnes) constituted the country with the largest volume of sweetened condensed and evaporated milk production, accounting for 33% of total volume. Moreover, sweetened condensed and evaporated milk production in the U.S. exceeded the figures recorded by the second-largest producer, Malaysia (344K tonnes), twofold. Saudi Arabia (214K tonnes) ranked third in terms of total production with a 8.6% share.
What are the leading suppliers of condensed or evaporated milk (sweetened) to Chile?
+
In value terms, Brazil ($1.4M) constituted the largest supplier of sweetened condensed and evaporated milk to Chile, comprising 51% of total imports. The second position in the ranking was occupied by Peru ($546K), with a 20% share of total imports. It was followed by Malaysia, with a 13% share.
What are the leading importers of condensed or evaporated milk (sweetened) from Chile?
+
In value terms, the U.S. ($21M) remains the key foreign market for sweetened condensed and evaporated milk exports from Chile, comprising 50% of total exports. The second position in the ranking was occupied by Peru ($7.3M), with a 17% share of total exports. It was followed by Costa Rica, with a 14% share.
What is the average export price for condensed or evaporated milk (sweetened) in Chile?
+
The average export price for condensed or evaporated milk (sweetened) stood at $1,648 per tonne in 2019, falling by -3.5% against the previous year.
What is the average import price for condensed or evaporated milk (sweetened) in Chile?
+
In 2019, the average import price for condensed or evaporated milk (sweetened) amounted to $1,900 per tonne, with an increase of 13% against the previous year.

Product coverage:
• FCL 889 - Whole Milk, Condensed
• FCL 896 - Skim Milk, Condensed

This report provides an in-depth analysis of the market for sweetened condensed and evaporated milk 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 2025.


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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 PRODUCTS

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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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