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

Plantain Market Size in Chile

The Chilean plantain market expanded rapidly to $X in 2020, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed a strong expansion. The most prominent rate of growth was recorded in 2016 when the market value increased by X% against the previous year. Over the period under review, the market reached the peak level in 2020 and is likely to see steady growth in years to come.

Plantain Exports

Exports from Chile

For the fifth consecutive year, Chile recorded decline in overseas shipments of plantains, which decreased by -X% to X tonnes in 2020. Overall, exports recorded a drastic downturn. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, exports attained the peak of X tonnes. from 2016 to 2020, the growth exports failed to regain the momentum.

In value terms, plantain exports contracted markedly to $X in 2020. Over the period under review, exports showed a sharp downturn. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. Exports peaked at $X in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

Exports by Country

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

From 2012 to 2020, the average annual growth rate of volume to the UK was relatively modest.

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

From 2012 to 2020, the average annual rate of growth in terms of value to the UK was relatively modest.

Export Prices by Country

The average plantain export price stood at $X per tonne in 2020, declining by -X% against the previous year. Over the period under review, the export price recorded a abrupt decrease. The growth pace was the most rapid in 2014 an increase of X% y-o-y. As a result, export price attained the peak level of $X per tonne. from 2015 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Ireland ($X per tonne), while the average price for exports to the UK totaled $X per tonne.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK.

Plantain Imports

Imports into Chile

For the fifth consecutive year, Chile recorded growth in overseas purchases of plantains, which increased by X% to X tonnes in 2020. Over the period under review, imports showed a perceptible expansion. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Imports peaked in 2020 and are likely to continue growth in the near future.

In value terms, plantain imports expanded sharply to $X in 2020. Overall, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Imports peaked in 2020 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2020, Viet Nam (X tonnes) was the main supplier of plantain to Chile, with a X% share of total imports. It was followed by Brazil (X tonnes), with a X% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of volume from Viet Nam stood at +X%.

In value terms, Viet Nam ($X) constituted the largest supplier of plantain to Chile, comprising X% of total imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of value from Viet Nam amounted to +X%.

Import Prices by Country

In 2020, the average plantain import price amounted to $X per tonne, with an increase of X% against the previous year. Over the period under review, import price indicated strong growth from 2012 to 2020: its price increased at an average annual rate of +X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, plantain import price increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2015 an increase of X% year-to-year. The import price peaked in 2020 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Viet Nam ($X per tonne), while the price for Brazil stood at $X per tonne.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Brazil.

Source: IndexBox 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 2020 were Democratic Republic of the Congo (5.5M tonnes), Cameroon (5.1M tonnes) and Ghana (5M tonnes), with a combined 35% share of global consumption.
What are the largest producers of plantains in the world?
+
The countries with the highest volumes of plantain production in 2020 were Democratic Republic of the Congo (5.5M tonnes), Cameroon (5.1M tonnes) and Ghana (5M tonnes), with a combined 35% share of global production.
What are the leading suppliers of plantains to Chile?
+
In value terms, Viet Nam ($8.3M) constituted the largest supplier of plantain to Chile, comprising 97% of total imports. The second position in the ranking was occupied by Brazil ($227K), with a 2.7% share of total imports.
What are the leading importers of plantains from Chile?
+
In value terms, the UK ($17K) emerged as the key foreign market for plantain exports from Chile, comprising 93% of total exports. The second position in the ranking was occupied by Ireland ($1.2K), with a 6.7% share of total exports.
What is the average export price for plantains in Chile?
+
The average plantain export price stood at $711 per tonne in 2020, declining by -5.5% against the previous year.
What is the average import price for plantains in Chile?
+
In 2020, the average plantain import price amounted to $517 per tonne, picking up by 6% 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

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 2007–2020
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 2030
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, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
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