Chile: Peach And Nectarine Market 2024

Peach And Nectarine Market Size in Chile

The Chilean peach and nectarine market contracted to $X in 2022, waning by X% against the previous year. Overall, consumption showed a perceptible setback. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Peach And Nectarine Production in Chile

In value terms, peach and nectarine production dropped to $X in 2022 estimated in export price. In general, production continues to indicate a slight slump. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average peach and nectarine yield in Chile amounted to X tons per ha, approximately equating 2021. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2015 when the yield increased by X%. Over the period under review, the average peach and nectarine yield attained the maximum level at X tons per ha in 2020; however, from 2021 to 2022, the yield remained at a 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, approx. X ha of peaches and nectarines were harvested in Chile; which is down by X% on 2021. Over the period under review, the harvested area recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 when the harvested area increased by X%. The peach and nectarine harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

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Peach And Nectarine Exports

Exports from Chile

Peach and nectarine exports from Chile rose significantly to X tons in 2022, growing by X% against the year before. Over the period under review, total exports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, peach and nectarine exports declined to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

China (X tons), the United States (X tons) and Mexico (X tons) were the main destinations of peach and nectarine exports from Chile, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Mexico ($X) appeared to be the largest markets for peach and nectarine exported from Chile worldwide, with a combined X% share of total exports.

Among the main countries of destination, China, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average peach and nectarine export price amounted to $X per ton, which is down by X% against the previous year. Overall, the export price saw a mild decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to the Netherlands ($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 Mexico (X%), while the prices for the other major destinations experienced mixed trend patterns.

Peach And Nectarine Imports

Imports into Chile

In 2022, imports of peaches and nectarines into Chile declined dramatically to X tons, falling by X% on 2021 figures. Over the period under review, imports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, peach and nectarine imports declined markedly to $X in 2022. Overall, imports, however, continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) was the main peach and nectarine supplier to Chile, with a approx. X% share of total imports.

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

In value terms, the United States ($X) constituted the largest supplier of peaches and nectarines to Chile.

From 2012 to 2022, the average annual growth rate of value from the United States totaled X%.

Import Prices by Country

In 2022, the average peach and nectarine import price amounted to $X per ton, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Source: IndexBox Platform

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