Chile: Tomato Juice Market 2024

Tomato Juice Market Size in Chile

The Chilean tomato juice market soared to $X in 2022, growing by X% against the previous year. In general, consumption, however, recorded a deep reduction. Tomato juice consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Tomato Juice Production in Chile

In value terms, tomato juice production contracted to $X in 2022 estimated in export price. In general, production, however, saw a sharp slump. The growth pace was the most rapid in 2018 when the production volume increased by X%. Tomato juice production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Tomato Juice Exports

Exports from Chile

In 2022, overseas shipments of tomato juice decreased by X% to X kg, falling for the fourth consecutive year after two years of growth. In general, exports recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, tomato juice exports stood at $X in 2022. Overall, exports continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Peru (X kg) was the main destination for tomato juice exports from Chile, accounting for a X% share of total exports. Moreover, tomato juice exports to Peru exceeded the volume sent to the second major destination, Colombia (X kg), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Peru amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (X% per year) and Brazil (X% per year).

From 2012 to 2022, the average annual growth rate of value to Peru amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (X% per year) and Brazil (X% per year).

Export Prices by Country

The average tomato juice export price stood at $X per ton in 2022, leveling off at the previous year. Overall, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Peru ($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 Colombia (X%), while the prices for the other major destinations experienced a decline.

Tomato Juice Imports

Imports into Chile

In 2022, tomato juice imports into Chile soared to X tons, jumping by X% compared with the previous year's figure. Overall, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, tomato juice imports skyrocketed to $X in 2022. In general, imports recorded prominent growth. The pace of growth was the most pronounced in 2019 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, the United States (X tons) constituted the largest tomato juice supplier to Chile, with a X% share of total imports. Moreover, tomato juice imports from the United States exceeded the figures recorded by the second-largest supplier, Austria (X tons), threefold.

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

In value terms, the United States ($X) constituted the largest supplier of tomato juice to Chile, comprising X% of total imports. The second position in the ranking was held by Austria ($X), with a X% share of total imports.

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

Import Prices by Country

The average tomato juice import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2022: its price 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. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, average import prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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