Chile: Candied Fruit Market Overview 2021

Candied Fruit Market Size in Chile

In 2019, the Chilean candied fruit market decreased by -X% to $X for the first time since 2016, thus ending a two-year rising trend. Overall, consumption, however, continues to indicate a buoyant expansion. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Candied fruit consumption peaked at $X in 2018, and then fell rapidly in the following year.

Candied Fruit Exports

Exports from Chile

In 2019, approx. X tonnes of candied fruits were exported from Chile; with a decrease of -X% against 2018 figures. In general, exports showed a deep slump. The pace of growth was the most pronounced in 2011 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at X tonnes in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, candied fruit exports shrank to $X in 2019. Overall, exports saw a pronounced slump. The growth pace was the most rapid in 2011 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. From 2012 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

Brazil (X tonnes), Panama (X tonnes) and Bolivia (X tonnes) were the main destinations of candied fruit exports from Chile, with a combined X% share of total exports. These countries were followed by Peru, Costa Rica, the Dominican Republic and Uruguay, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Costa Rica, while exports for the other leaders experienced mixed trend patterns.

In value terms, Brazil ($X) remains the key foreign market for candied fruit exports from Chile, comprising X% of total exports. The second position in the ranking was occupied by Panama ($X), with a X% share of total exports. It was followed by Uruguay, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to Brazil stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (-X% per year) and Uruguay (-X% per year).

Export Prices by Country

In 2019, the average candied fruit export price amounted to $X per tonne, which is down by -X% against the previous year. In general, the export price, however, continues to indicate resilient growth. The pace of growth appeared the most rapid in 2010 an increase of X% y-o-y. The export price peaked at $X per tonne in 2013; however, from 2014 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was Brazil ($X per tonne), while the average price for exports to Bolivia ($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.

Candied Fruit Imports

Imports into Chile

In 2019, after two years of growth, there was significant decline in overseas purchases of candied fruits, when their volume decreased by -X% to X tonnes. Overall, imports saw a noticeable downturn. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. Imports peaked at X tonnes in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

In value terms, candied fruit imports declined sharply to $X in 2019. Over the period under review, total imports indicated temperate growth from 2007 to 2019: its value decreased 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. The growth pace was the most rapid in 2011 when imports increased by X% year-to-year. Imports peaked at $X in 2018, and then dropped remarkably in the following year.

Imports by Country

Brazil (X tonnes), Thailand (X tonnes) and Argentina (X tonnes) were the main suppliers of candied fruit imports to Chile, together comprising X% of total imports. China, India and the U.S. lagged somewhat behind, together accounting for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) constituted the largest supplier of candied fruit to Chile, comprising X% of total imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total imports. It was followed by China, with a X% share.

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

Import Prices by Country

In 2019, the average candied fruit import price amounted to $X per tonne, declining by -X% against the previous year. Over the period under review, import price indicated a strong expansion from 2007 to 2019: its price 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, candied fruit import price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. The import price peaked at $X per tonne in 2018, and then reduced in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Thailand ($X per tonne), while the price for Brazil ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Argentina, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for candied fruits in the world?

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China (83K tonnes) constituted the country with the largest volume of candied fruit consumption, accounting for 45% of total volume. Moreover, candied fruit consumption in China exceeded the figures recorded by the second-largest consumer, Japan (7.6K tonnes), more than tenfold. Malaysia (5.7K tonnes) ranked third in terms of total consumption with a 3.1% share.

What are the largest producers of candied fruits in the world?

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China (192K tonnes) constituted the country with the largest volume of candied fruit production, comprising approx. 61% of total volume. Moreover, candied fruit production in China exceeded the figures recorded by the second-largest producer, Thailand (63K tonnes), threefold.

What are the leading suppliers of candied fruits to Chile?

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In value terms, Thailand ($1.2M) constituted the largest supplier of candied fruit to Chile, comprising 48% of total imports. The second position in the ranking was occupied by Brazil ($561K), with a 23% share of total imports. It was followed by China, with a 12% share.

What are the leading importers of candied fruits from Chile?

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In value terms, Brazil ($346K) remains the key foreign market for candied fruit exports from Chile, comprising 47% of total exports. The second position in the ranking was occupied by Panama ($124K), with a 17% share of total exports. It was followed by Uruguay, with a 7.9% share.

What is the average export price for candied fruits in Chile?

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The average candied fruit export price stood at $2,695 per tonne in 2019, falling by -2.3% against the previous year.

What is the average import price for candied fruits in Chile?

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The average candied fruit import price stood at $2,068 per tonne in 2019, shrinking by -7.1% against the previous year.