Chile: Oat Market 2024

Oat Market Size in Chile

The Chilean oat market fell markedly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption, however, saw a temperate expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Oat Production in Chile

In value terms, oat production skyrocketed to $X in 2022 estimated in export price. In general, production, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

In 2022, the average oat yield in Chile expanded slightly to X tons per ha, with an increase of X% against the previous year's figure. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2014 to 2022, the growth of the average oat yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of oats production in Chile reduced to X ha, waning by X% compared with the previous year. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The oat harvested area peaked at X ha in 2017; however, from 2018 to 2022, the harvested area failed to regain momentum.

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Oat Exports

Exports from Chile

In 2022, overseas shipments of oats increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. In general, exports continue to indicate a relatively flat trend pattern. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, oat exports skyrocketed to $X in 2022. Over the period under review, exports showed a mild expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Peru (X tons), Mexico (X tons) and Ecuador (X tons) were the main destinations of oat exports from Chile, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ecuador (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Peru ($X), Mexico ($X) and Ecuador ($X) were the largest markets for oat exported from Chile worldwide, with a combined X% share of total exports.

Ecuador, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average oat export price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price, however, enjoyed mild growth. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The export price peaked at $X per ton in 2021, and then declined significantly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to Mexico ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (X%), while the prices for the other major destinations experienced more modest paces of growth.

Oat Imports

Imports into Chile

In 2022, approx. X tons of oats were imported into Chile; declining by X% on the previous year. Over the period under review, imports showed a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, oat imports declined notably to $X in 2022. Overall, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Canada (X tons) was the main oat supplier to Chile, with a X% share of total imports. It was followed by Peru (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Canada totaled X%.

In value terms, Canada ($X) constituted the largest supplier of oats to Chile, comprising X% of total imports. The second position in the ranking was taken by Peru ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Canada amounted to X%.

Import Prices by Country

In 2022, the average oat import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price showed measured growth. The most prominent rate of growth was recorded in 2013 an increase of X%. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Peru ($X per ton), while the price for Canada totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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