Chile - Canned Vegetables - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Chile - Canned Vegetables - Market Analysis, Forecast, Size, Trends and Insights

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Canned Vegetable Price in Chile - 2023

Contents:

  1. Canned Vegetable Price in Chile (CIF) - 2022
  2. Canned Vegetable Price in Chile (FOB) - 2022
  3. Canned Vegetable Imports in Chile
  4. Canned Vegetable Exports in Chile

Canned Vegetable Price in Chile (CIF) - 2022

The average canned vegetable import price stood at $1,840 per ton in 2022, increasing by 2% against the previous year. Over the period under review, the import price, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2021 an increase of 25% against the previous year. The import price peaked at $2,834 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 ($5,058 per ton), while the price for Paraguay ($519 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Canned Vegetable Price in Chile (FOB) - 2022

The average canned vegetable export price stood at $1,911 per ton in 2022, dropping by -20.5% against the previous year. Over the period under review, the export price showed a noticeable decline. The pace of growth was the most pronounced in 2017 an increase of 27%. As a result, the export price reached the peak level of $3,575 per ton. From 2018 to 2022, the average export prices remained at a somewhat 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 Australia ($7,407 per ton), while the average price for exports to the United States ($1,361 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 Australia (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Canned Vegetable Imports in Chile

In 2022, canned vegetable imports into Chile totaled 28K tons, surging by 2.3% against 2021 figures. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +16.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 35%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, canned vegetable imports expanded modestly to $52M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +18.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.8% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 43% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

Import of Canned Vegetable in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain8.27.815.416.526.2%
Peru4.44.97.28.424.1%
United States3.83.26.06.318.4%
China3.05.24.95.925.3%
Argentina1.71.64.23.020.8%
Italy1.51.21.72.518.6%
France2.52.91.51.6-13.8%
Netherlands2.52.62.21.4-17.6%
Thailand0.91.22.11.415.9%
ParaguayN/A0.50.70.69.5%
Others2.33.53.74.121.3%
Total30.834.649.651.718.8%

Top Suppliers of Canned Vegetable to Chile in 2022:

  1. Spain (8.5K tons)
  2. Peru (6.3K tons)
  3. China (2.8K tons)
  4. Argentina (2.4K tons)
  5. Italy (1.7K tons)
  6. United States (1.2K tons)
  7. Paraguay (1.2K tons)
  8. Netherlands (0.9K tons)
  9. France (0.9K tons)
  10. Thailand (0.7K tons)

Canned Vegetable Exports in Chile

In 2022, overseas shipments of canned vegetables were finally on the rise to reach 2K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a abrupt decline.

In value terms, canned vegetable exports skyrocketed to $3.8M in 2022. Over the period under review, exports, however, faced a sharp curtailment.

Export of Canned Vegetable in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3,5561576261,198-30.4%
Uruguay9071,087624793-4.4%
Japan5044863185523.1%
Spain25512191.738414.6%
Saudi Arabia18718075.830918.2%
BulgariaN/AN/AN/A1280%
Ecuador13782.816371.0-19.7%
Brazil14010219464.0-23.0%
Italy34369.919.736.4-52.7%
Argentina1,006595N/AN/A-40.9%
Greece1,246N/AN/AN/A0%
Others410603370260-14.1%
Total8,6923,4842,4823,796-24.1%

Top Export Markets for Canned Vegetable from Chile in 2022:

  1. United States (880.4 tons)
  2. Japan (295.5 tons)
  3. Uruguay (229.1 tons)
  4. Spain (202.0 tons)
  5. Saudi Arabia (174.2 tons)
  6. Bulgaria (62.2 tons)
  7. Ecuador (43.9 tons)
  8. Italy (18.2 tons)
  9. Brazil (14.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the canned vegetable 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 2030.

Product coverage:

  • FCL 472 - Vegetables, Preserved nes (O/T vinegar)

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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