Chile: Prepared Mustard Market 2024

Prepared Mustard Market Size in Chile

The Chilean prepared mustard market dropped to $X in 2022, falling by X% against the previous year. Over the period under review, consumption, however, showed a noticeable decline. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Prepared Mustard Production in Chile

In value terms, prepared mustard production shrank to $X in 2022 estimated in export price. In general, production saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Prepared mustard production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Prepared Mustard Exports

Exports from Chile

In 2022, after two years of growth, there was significant decline in overseas shipments of prepared mustard, when their volume decreased by X% to X tons. In general, exports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at X tons in 2021, and then dropped rapidly in the following year.

In value terms, prepared mustard exports fell to $X in 2022. Over the period under review, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then contracted slightly in the following year.

Exports by Country

Costa Rica (X tons), Brazil (X tons) and Peru (X tons) were the main destinations of prepared mustard exports from Chile, with a combined X% share of total exports. Uruguay, Colombia and Paraguay lagged somewhat behind, together accounting for a further X%.

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

In value terms, Peru ($X), Brazil ($X) and Costa Rica ($X) constituted the largest markets for prepared mustard exported from Chile worldwide, with a combined X% share of total exports. Uruguay, Colombia and Paraguay lagged somewhat behind, together comprising a further X%.

Uruguay, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination 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 prepared mustard export price amounted to $X per ton, growing by X% against the previous year. In general, the export price, however, saw a noticeable setback. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($X per ton), while the average price for exports to Uruguay ($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 Costa Rica (X%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Mustard Imports

Imports into Chile

In 2022, prepared mustard imports into Chile surged to X tons, growing by X% on the year before. In general, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, prepared mustard imports reached $X in 2022. Over the period under review, imports saw a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest prepared mustard supplier to Chile, accounting for a X% share of total imports. Moreover, prepared mustard imports from the United States exceeded the figures recorded by the second-largest supplier, France (X tons), more than tenfold. The third position in this ranking was held by Peru (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Peru (X% per year).

In value terms, the United States ($X) constituted the largest supplier of prepared mustard to Chile, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average prepared mustard import price amounted to $X per ton, which is down by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton, and then contracted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :