Chile: Market for Spirits, Liqueurs And Other Spirituous Beverages 2024

Market Size for Spirits, Liqueurs And Other Spirituous Beverages in Chile

In 2022, the Chilean market for spirits, liqueurs and other spirituous beverages decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, enjoyed a remarkable increase. As a result, consumption reached the peak level of $X, and then reduced modestly in the following year.

Exports of Spirits, Liqueurs And Other Spirituous Beverages

Exports from Chile

Exports of spirits, liqueurs and other spirituous beverages from Chile soared to X litres in 2022, rising by X% compared with the year before. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports of reached the peak figure at X litres in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, exports of spirits, liqueurs and other spirituous beverages amounted to $X in 2022. In general, exports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Vietnam (X litres), Macao SAR (X litres) and Peru (X litres) were the main destinations of exports of spirits, liqueurs and other spirituous beverages from Chile, together accounting for X% of total exports. The United States, Portugal, Paraguay, Panama, Germany, Bolivia and the Czech Republic lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Portugal (with a CAGR of X.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for spirits, liqueurs and other spirituous beverages exported from Chile were Vietnam ($X), Macao SAR ($X) and Peru ($X), together accounting for X% of total exports. The United States, Paraguay, Panama, Portugal, Germany, Bolivia and the Czech Republic lagged somewhat behind, together accounting for a further X%.

Portugal, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of 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

The average export price for spirits, liqueurs and other spirituous beverages stood at $X per litre in 2022, which is down by X% against the previous year. In general, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per litre in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per litre), while the average price for exports to Portugal ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (X%), while the prices for the other major destinations experienced a decline.

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Imports of Spirits, Liqueurs And Other Spirituous Beverages

Imports into Chile

In 2022, after two years of growth, there was significant decline in overseas purchases of spirits, liqueurs and other spirituous beverages, when their volume decreased by X% to X litres. In general, imports, however, showed a strong increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X litres, and then dropped dramatically in the following year.

In value terms, imports of spirits, liqueurs and other spirituous beverages expanded modestly to $X in 2022. Over the period under review, imports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Spain (X litres), Italy (X litres) and Mexico (X litres) were the main suppliers of imports of spirits, liqueurs and other spirituous beverages to Chile, together accounting for X% of total imports. Argentina, the United States, the Netherlands, Germany, Ireland, Poland, China, the UK, Latvia and Panama lagged somewhat behind, together comprising a further X%.

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

In value terms, the United States ($X), Italy ($X) and Mexico ($X) appeared to be the largest spirits, liqueurs and other spirituous beverages suppliers to Chile, with a combined X% share of total imports. Spain, Argentina, Germany, the Netherlands, the UK, Ireland, Latvia, China, Panama and Poland lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, China, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for spirits, liqueurs and other spirituous beverages stood at $X per litre in 2022, increasing by X% against the previous year. Over the period under review, the import price, however, showed a perceptible descent. Over the period under review, average import prices reached the maximum at $X per litre in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 the United States ($X per litre), while the price for Poland ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform

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