Liqueurs and Cordials Price in Chile - 2023
Contents:
- Liqueurs and Cordials Price in Chile (CIF) - 2023
- Liqueurs and Cordials Price in Chile (FOB) - 2022
- Liqueurs and Cordials Imports in Chile
- Liqueurs and Cordials Exports in Chile
Liqueurs and Cordials Price in Chile (CIF) - 2023
In July 2023, the average liqueurs and cordials import price amounted to $4.2 per litre, waning by -21.3% against the previous month. Overall, the import price showed a slight descent. The pace of growth appeared the most rapid in August 2022 an increase of 43% against the previous month. As a result, import price attained the peak level of $6.8 per litre. From September 2022 to July 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($8.8 per litre), while the price for the United States ($2.5 per litre) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Liqueurs and Cordials Price in Chile (FOB) - 2022
The average liqueurs and cordials export price stood at $5.9 per litre in 2022, dropping by -3.1% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2017 an increase of 42% against the previous year. Over the period under review, the average export prices reached the maximum at $15 per litre in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
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 Vietnam ($6.4 per litre), while the average price for exports to Uruguay ($3.5 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 (-4.7%), while the prices for the other major destinations experienced a decline.
Liqueurs and Cordials Imports in Chile
For the fourth year in a row, Chile recorded growth in purchases abroad of liqueurs and cordialses, which increased by 5.1% to 13M litres in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 165% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, liqueurs and cordials imports surged to $65M in 2022. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 189%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Liqueurs and Cordials in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.2 | 5.1 | 16.0 | 19.2 | 45.8% |
| Italy | 1.6 | 2.6 | 6.9 | 11.8 | 94.6% |
| Germany | 2.6 | 2.6 | 8.3 | 7.3 | 41.1% |
| Argentina | 0.5 | 1.5 | 2.5 | 6.8 | 138.7% |
| Netherlands | 2.6 | 2.0 | 4.6 | 3.6 | 11.5% |
| United Kingdom | 0.5 | 0.9 | 2.9 | 3.3 | 87.6% |
| Ireland | 0.7 | 1.1 | 3.4 | 2.8 | 58.7% |
| Mexico | 0.3 | 0.5 | 1.0 | 2.2 | 94.3% |
| France | 2.2 | 0.5 | 2.3 | 2.2 | 0.0% |
| Panama | N/A | 0.5 | 1.5 | 1.1 | 48.3% |
| Colombia | 0.8 | 0.4 | 1.0 | 0.7 | -4.4% |
| Others | 1.1 | 1.5 | 5.1 | 4.5 | 59.9% |
| Total | 19.2 | 19.2 | 55.4 | 65.4 | 50.5% |
Top Suppliers of Liqueurs and Cordials to Chile in 2022:
- Italy (2.9M litres)
- United States (2.1M litres)
- Argentina (2.1M litres)
- Netherlands (1.3M litres)
- Germany (1.3M litres)
- Mexico (0.8M litres)
- Ireland (0.7M litres)
- United Kingdom (0.4M litres)
- Colombia (0.2M litres)
- Panama (0.2M litres)
- France (0.2M litres)
Liqueurs and Cordials Exports in Chile
For the fourth consecutive year, Chile recorded growth in overseas shipments of liqueurs and cordialses, which increased by 2.8% to 523K litres in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 91%. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, liqueurs and cordials exports dropped modestly to $3.1M in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 112%. As a result, the exports reached the peak of $3.1M, leveling off in the following year.
| Export of Liqueurs and Cordials in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | N/A | N/A | N/A | 1,377 | 0% |
| Macao SAR | N/A | N/A | 1,294 | 1,107 | -14.5% |
| Peru | 282 | 387 | 88.6 | 221 | -7.8% |
| Paraguay | 57.7 | N/A | 37.6 | 164 | 41.7% |
| Germany | 6.4 | 11.7 | 12.7 | 41.5 | 86.5% |
| Uruguay | 14.9 | 20.4 | N/A | 27.9 | 23.3% |
| Taiwan (Chinese) | N/A | 451 | N/A | 24.1 | -76.9% |
| China | 192 | 255 | 126 | N/A | -19.0% |
| Others | 312 | 350 | 1,562 | 144 | -22.7% |
| Total | 865 | 1,475 | 3,120 | 3,108 | 53.2% |
Top Export Markets for Liqueurs and Cordials from Chile in 2022:
- Vietnam (216.0K litres)
- Macao SAR (173.7K litres)
- Paraguay (41.1K litres)
- Peru (35.6K litres)
- Germany (11.1K litres)
- Uruguay (7.9K litres)
- Taiwan (Chinese) (6.2K litres)
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