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Chile - Peanut Butter And Prepared Or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends And Insights
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Chile: Peanut Butter Market Overview 2021

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Peanut Butter Market Size in Chile

The Chilean peanut butter market totaled $X in 2020, stabilizing at the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2012 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. from 2013 to 2020, the growth of the market remained at a somewhat lower figure.

Peanut Butter Production in Chile

In value terms, peanut butter production rose slightly to $X in 2020 estimated in export prices. Over the period under review, the total production indicated tangible growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2012 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. from 2013 to 2020, production growth remained at a somewhat lower figure.

Peanut Butter Exports

Exports from Chile

In 2020, exports of peanut butter and prepared or preserved groundnuts from Chile declined to X tonnes, with a decrease of -X% against the previous year's figure. Overall, exports, however, recorded mild growth. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. As a result, exports reached the peak of X tonnes. from 2017 to 2020, the growth exports remained at a lower figure.

In value terms, peanut butter exports fell markedly to $X in 2020. In general, exports, however, continue to indicate a deep contraction. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2009; however, from 2010 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Uruguay (X tonnes) was the main destination for peanut butter exports from Chile, with a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Uruguay stood at +X%.

In value terms, Uruguay ($X) also remains the key foreign market for peanut butter exports from Chile.

From 2007 to 2020, the average annual growth rate of value to Uruguay was relatively modest.

Export Prices by Country

The average peanut butter export price stood at $X per tonne in 2020, waning by -X% against the previous year. In general, the export price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2012 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for Uruguay.

From 2007 to 2020, the rate of growth in terms of prices for Uruguay amounted to -X% per year.

Peanut Butter Imports

Imports into Chile

In 2020, supplies from abroad of peanut butter and prepared or preserved groundnuts decreased by -X% to X tonnes for the first time since 2010, thus ending a nine-year rising trend. In general, imports, however, saw pronounced growth. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Imports peaked at X tonnes in 2019, and then declined in the following year.

In value terms, peanut butter imports dropped notably to $X in 2020. Over the period under review, imports, however, saw a strong expansion. The pace of growth was the most pronounced in 2016 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum at $X in 2019, and then dropped remarkably in the following year.

Imports by Country

In 2020, Argentina (X tonnes) constituted the largest peanut butter supplier to Chile, accounting for a X% share of total imports. Moreover, peanut butter imports from Argentina exceeded the figures recorded by the second-largest supplier, Mexico (X tonnes), sixfold. Brazil (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Argentina was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+X% per year) and Brazil (+X% per year).

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

From 2007 to 2020, the average annual growth rate of value from Argentina amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+X% per year) and Brazil (+X% per year).

Import Prices by Country

In 2020, the average peanut butter import price amounted to $X per tonne, waning by -X% against the previous year. In general, import price indicated a measured expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, peanut butter import price decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per tonne in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for peanut butter and prepared or preserved groundnuts in the world?
+
The country with the largest volume of peanut butter consumption was China (974K tonnes), comprising approx. 19% of total volume. Moreover, peanut butter consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (389K tonnes), threefold. The third position in this ranking was occupied by India (350K tonnes), with a 6.8% share.
What are the largest producers of peanut butter and prepared or preserved groundnuts in the world?
+
China (1.2M tonnes) constituted the country with the largest volume of peanut butter production, comprising approx. 24% of total volume. Moreover, peanut butter production in China exceeded the figures recorded by the second-largest producer, the U.S. (418K tonnes), threefold. India (397K tonnes) ranked third in terms of total production with a 7.6% share.
What are the leading suppliers of peanut butter and prepared or preserved groundnuts to Chile?
+
In value terms, Argentina ($7.2M) constituted the largest supplier of peanut butter to Chile, comprising 57% of total imports. The second position in the ranking was occupied by Mexico ($1.8M), with a 14% share of total imports. It was followed by Brazil, with a 12% share.
What are the leading importers of peanut butter and prepared or preserved groundnuts from Chile?
+
In value terms, Uruguay ($26K) remains the key foreign market for peanut butter exports from Chile.
What is the average export price for peanut butter and prepared or preserved groundnuts in Chile?
+
The average peanut butter export price stood at $3,242 per tonne in 2020, which is down by -3.7% against the previous year.
What is the average import price for peanut butter and prepared or preserved groundnuts in Chile?
+
In 2020, the average peanut butter import price amounted to $1,660 per tonne, falling by -13.8% against the previous year.

Product coverage:
• Prodcom 10392330 - Prepared or preserved groundnuts (including peanut butter, e xcluding by vinegar or acetic acid, frozen, purees and pastes)

This report provides an in-depth analysis of the peanut butter market 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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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