Chile: Grapefruit Market Overview 2021

Grapefruit Market Size in Chile

The Chilean grapefruit market expanded modestly to $X in 2019, growing by X% against the previous year. In general, consumption posted a remarkable increase. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Over the period under review, the market reached the maximum level in 2019 and is expected to retain growth in the immediate term.

Grapefruit Production in Chile

In value terms, grapefruit production declined to $X in 2019 estimated in export prices. In general, production recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.

The average yield of grapefruits in Chile skyrocketed to X tonnes per ha in 2019, jumping by X% compared with the year before. In general, the yield continues to indicate mild growth. The pace of growth appeared the most rapid in 2016 when the yield increased by X% year-to-year. As a result, the yield reached the peak level of X tonnes per ha. From 2017 to 2019, the growth of the average grapefruit yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, approx. X ha of grapefruits were harvested in Chile; leveling off at the previous year. Overall, the harvested area recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to grapefruit production attained the peak figure at X ha in 2008; however, from 2009 to 2019, the harvested area stood at a somewhat lower figure.

Grapefruit Exports

Exports from Chile

Grapefruit exports from Chile soared to X tonnes in 2019, with an increase of X% compared with 2018. Overall, exports, however, showed a slight contraction. The growth pace was the most rapid in 2016 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2017; however, from 2018 to 2019, exports remained at a lower figure.

In value terms, grapefruit exports rose sharply to $X in 2019. Over the period under review, exports, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Exports peaked at $X in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Argentina (X tonnes) was the main destination for grapefruit exports from Chile, accounting for a X% share of total exports. Moreover, grapefruit exports to Argentina exceeded the volume sent to the second major destination, the Netherlands (X tonnes), twofold. The third position in this ranking was occupied by the UK (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Argentina stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and the UK (+X% per year).

In value terms, Argentina ($X) remains the key foreign market for grapefruit exports from Chile, comprising X% of total exports. The second position in the ranking was occupied by Slovakia ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to Argentina amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+X% per year) and the Netherlands (-X% per year).

Export Prices by Country

The average grapefruit export price stood at $X per tonne in 2019, dropping by -X% against the previous year. Over the period under review, the export price continues to indicate a slight descent. The pace of growth was the most pronounced in 2012 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2007; however, from 2008 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Slovakia ($X per tonne), while the average price for exports to Italy ($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 the UK, while the prices for the other major destinations experienced more modest paces of growth.

Grapefruit Imports

Imports into Chile

In 2019, overseas purchases of grapefruits decreased by -X% to X tonnes, falling for the second year in a row after three years of growth. Overall, imports, however, enjoyed perceptible growth. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. Imports peaked at X tonnes in 2017; however, from 2018 to 2019, imports remained at a lower figure.

In value terms, grapefruit imports shrank remarkably to $X in 2019. In general, imports, however, posted a prominent expansion. The growth pace was the most rapid in 2012 when imports increased by X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, the U.S. (X tonnes) constituted the largest supplier of grapefruit to Chile, accounting for a X% share of total imports. Moreover, grapefruit imports from the U.S. exceeded the figures recorded by the second-largest supplier, Thailand (X tonnes), fivefold.

From 2007 to 2019, the average annual rate of growth in terms of volume from the U.S. totaled +X%.

In value terms, the U.S. ($X) constituted the largest supplier of grapefruit to Chile, comprising X% of total imports. The second position in the ranking was occupied by Thailand ($X), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of value from the U.S. totaled +X%.

Import Prices by Country

In 2019, the average grapefruit import price amounted to $X per tonne, falling by -X% against the previous year. In general, import price indicated a resilient 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, grapefruit import price increased by +X% against 2014 indices. The pace of growth appeared the most rapid in 2015 an increase of X% year-to-year. Over the period under review, average import prices reached the maximum at $X per tonne in 2018, and then fell 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 the U.S. ($X per tonne), while the price for Thailand totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for grapefruits in the world?

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China (9.8M tonnes) remains the largest grapefruit consuming country worldwide, comprising approx. 67% of total volume. Moreover, grapefruit consumption in China exceeded the figures recorded by the second-largest consumer, Viet Nam (695K tonnes), more than tenfold. India (507K tonnes) ranked third in terms of total consumption with a 3.4% share.

What are the largest producers of grapefruits in the world?

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China (9.9M tonnes) remains the largest grapefruit producing country worldwide, comprising approx. 68% of total volume. Moreover, grapefruit production in China exceeded the figures recorded by the second-largest producer, Viet Nam (698K tonnes), more than tenfold. The third position in this ranking was occupied by the U.S. (512K tonnes), with a 3.5% share.

What are the leading suppliers of grapefruits to Chile?

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In value terms, the U.S. ($155K) constituted the largest supplier of grapefruit to Chile, comprising 91% of total imports. The second position in the ranking was occupied by Thailand ($15K), with a 8.9% share of total imports.

What are the leading importers of grapefruits from Chile?

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In value terms, Argentina ($473K) remains the key foreign market for grapefruit exports from Chile, comprising 34% of total exports. The second position in the ranking was occupied by Slovakia ($236K), with a 17% share of total exports. It was followed by the Netherlands, with a 12% share.

What is the average export price for grapefruits in Chile?

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In 2019, the average grapefruit export price amounted to $842 per tonne, reducing by -8.4% against the previous year.

What is the average import price for grapefruits in Chile?

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In 2019, the average grapefruit import price amounted to $1,292 per tonne, shrinking by -7.5% against the previous year.