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Chile - Plantains - Market Analysis, Forecast, Size, Trends and Insights
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Chile: Plantain Market Overview 2021

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Plantain Market Size in Chile

In 2019, the Chilean plantain market increased by X% to $X, rising for the third year in a row after two years of decline. In general, consumption recorded prominent growth. The growth pace was the most rapid in 2017 when the market value increased by X% against the previous year. Plantain consumption peaked in 2019 and is expected to retain growth in the immediate term.

Plantain Exports

Exports from Chile

In 2019, approx. X tonnes of plantains were exported from Chile; declining by -X% on the year before. Over the period under review, exports faced a sharp decline. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Exports peaked at X tonnes in 2012; however, from 2013 to 2019, exports stood at a somewhat lower figure.

In value terms, plantain exports contracted significantly to $X in 2019. Overall, exports faced a precipitous descent. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at $X in 2012; however, from 2013 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Ireland (X tonnes) was the main destination for plantain exports from Chile, with a X% share of total exports. Moreover, plantain exports to Ireland exceeded the volume sent to the second major destination, Slovakia (X tonnes), twofold.

From 2012 to 2019, the average annual growth rate of volume to Ireland amounted to +X%.

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

From 2012 to 2019, the average annual growth rate of value to Ireland stood at +X%.

Export Prices by Country

In 2019, the average plantain export price amounted to $X per tonne, reducing by -X% against the previous year. In general, the export price saw a perceptible decrease. The growth pace was the most rapid in 2013 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2014; however, from 2015 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 Ireland ($X per tonne), while the average price for exports to Slovakia stood at $X per tonne.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia.

Plantain Imports

Imports into Chile

In 2019, overseas purchases of plantains increased by X% to X tonnes, rising for the third consecutive year after two years of decline. Overall, imports showed temperate growth. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Imports peaked in 2019 and are likely to see gradual growth in years to come.

In value terms, plantain imports skyrocketed to $X in 2019. Over the period under review, imports showed a strong expansion. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Imports peaked in 2019 and are expected to retain growth in the near future.

Imports by Country

In 2019, Ecuador (X tonnes) was the main supplier of plantain to Chile, with a approx. X% share of total imports.

From 2012 to 2019, the average annual growth rate of volume from Ecuador stood at +X%.

In value terms, Ecuador ($X) constituted the largest supplier of plantain to Chile.

From 2012 to 2019, the average annual growth rate of value from Ecuador stood at +X%.

Import Prices by Country

In 2019, the average plantain import price amounted to $X per tonne, growing by X% against the previous year. Over the period from 2012 to 2019, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% year-to-year. The import price peaked in 2019 and is likely to see steady growth in the immediate term.

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

From 2012 to 2019, the rate of growth in terms of prices for Ecuador amounted to +X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for plantains in the world?
+
The countries with the highest volumes of plantain consumption in 2019 were Ghana (4.9M tonnes), Democratic Republic of the Congo (4.9M tonnes) and Cameroon (4.8M tonnes), with a combined 35% share of global consumption. These countries were followed by Uganda, Nigeria, the Philippines, Peru, Colombia, Cote d'Ivoire, Myanmar, the Dominican Republic, Rwanda and Venezuela, which together accounted for a further 47%.
What are the largest producers of plantains in the world?
+
The countries with the highest volumes of plantain production in 2019 were Ghana (4.9M tonnes), Democratic Republic of the Congo (4.9M tonnes) and Cameroon (4.8M tonnes), with a combined 34% share of global production. These countries were followed by Uganda, Nigeria, the Philippines, Peru, Colombia, Cote d'Ivoire, Myanmar, the Dominican Republic, Rwanda and Venezuela, which together accounted for a further 47%.
What are the leading suppliers of plantains to Chile?
+
In value terms, Ecuador ($7.6M) constituted the largest supplier of plantain to Chile.
What are the leading importers of plantains from Chile?
+
In value terms, Ireland ($19K) remains the key foreign market for plantain exports from Chile, comprising 79% of total exports. The second position in the ranking was occupied by Slovakia ($5K), with a 21% share of total exports.
What is the average export price for plantains in Chile?
+
In 2019, the average plantain export price amounted to $765 per tonne, reducing by -5.8% against the previous year.
What is the average import price for plantains in Chile?
+
In 2019, the average plantain import price amounted to $487 per tonne, with an increase of 14% against the previous year.

Product coverage:
• FCL 489 -

This report provides an in-depth analysis of the plantain 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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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