Chile: Preserved Asparagus Market 2024

Preserved Asparagus Market Size in Chile

For the third consecutive year, the Chilean preserved asparagus market recorded growth in sales value, which increased by X% to $X in 2022. Overall, the total consumption indicated a strong expansion from 2012 to 2022: its value 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. Based on 2022 figures, consumption increased by X% against 2019 indices. Preserved asparagus consumption peaked in 2022 and is likely to see steady growth in the near future.

Preserved Asparagus Production in Chile

In value terms, preserved asparagus production expanded remarkably to $X in 2022 estimated in export price. Overall, production posted strong growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Preserved Asparagus Exports

Exports from Chile

After two years of decline, overseas shipments of preserved asparagus decreased by X% to X tons in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2021, and then shrank markedly in the following year.

In value terms, preserved asparagus exports contracted remarkably to $X in 2022. In general, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2021, and then plummeted in the following year.

Exports by Country

France (X tons), Malaysia (X tons) and Hong Kong SAR (X tons) were the main destinations of preserved asparagus exports from Chile, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hong Kong SAR (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for preserved asparagus exported from Chile were Malaysia ($X), France ($X) and Hong Kong SAR ($X), together comprising X% of total exports.

Malaysia, with a CAGR of X%, saw the highest rates of growth with regard to 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 preserved asparagus export price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the export price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to France ($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 Malaysia (X%).

Preserved Asparagus Imports

Imports into Chile

Preserved asparagus imports into Chile surged to X tons in 2022, picking up by X% against 2021 figures. In general, total imports indicated prominent growth 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. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, preserved asparagus imports skyrocketed to $X in 2022. Over the period under review, total imports indicated a strong expansion from 2012 to 2022: its value 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. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Peru (X tons) was the main preserved asparagus supplier to Chile, with a X% share of total imports. It was followed by China (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Peru amounted to X%.

In value terms, Peru ($X) constituted the largest supplier of preserved asparagus to Chile, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Peru stood at X%.

Import Prices by Country

In 2022, the average preserved asparagus import price amounted to $X per ton, surging 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 2013 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Peru totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%).

Source: IndexBox Platform

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