Chile: Grapefruit Market 2024

Grapefruit Market Size in Chile

In 2022, after two years of growth, there was decline in the Chilean grapefruit market, when its value decreased by X% to $X. In general, consumption posted a significant increase. As a result, consumption attained the peak level of $X, leveling off in the following year.

Grapefruit Production in Chile

In value terms, grapefruit production reduced modestly to $X in 2022 estimated in export price. Overall, production, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

In 2022, the average yield of grapefruits in Chile surged to X tons per ha, growing by X% against the previous year's figure. In general, the yield posted prominent growth. The pace of growth appeared the most rapid in 2020 when the yield increased by X%. As a result, the yield attained the peak level of X tons per ha. From 2021 to 2022, the growth of the average grapefruit yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of grapefruits in Chile contracted to X ha, which is down by X% against 2021. Overall, the harvested area recorded a slight decline. The most prominent rate of growth was recorded in 2017 with an increase of X%. The grapefruit harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area remained at a lower figure.

Grapefruit Exports

Exports from Chile

In 2022, grapefruit exports from Chile surged to X tons, jumping by X% on the previous year. In general, exports, however, showed a abrupt decrease. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, grapefruit exports totaled $X in 2022. Overall, exports, however, saw a pronounced contraction. The pace of growth appeared the most rapid in 2020 when exports increased by X%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Argentina (X tons) was the main destination for grapefruit exports from Chile, with a X% share of total exports. Moreover, grapefruit exports to Argentina exceeded the volume sent to the second major destination, Uruguay (X tons), more than tenfold. The third position in this ranking was taken by Colombia (X tons), with a X% share.

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

In value terms, Argentina ($X) remains the key foreign market for grapefruits exports from Chile, comprising X% of total exports. The second position in the ranking was taken by Uruguay ($X), with a X% share of total exports. It was followed by Ecuador, with a X% share.

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

Export Prices by Country

The average grapefruit export price stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then reduced in the following year.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Costa Rica ($X per ton) and Ecuador ($X per ton), while the average price for exports to Argentina ($X per ton) and Uruguay ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (X%), while the prices for the other major destinations experienced mixed trend patterns.

Grapefruit Imports

Imports into Chile

After two years of growth, purchases abroad of grapefruits decreased by X% to X tons in 2022. Overall, imports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, grapefruit imports plummeted to $X in 2022. Over the period under review, imports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at $X in 2021, and then fell sharply in the following year.

Imports by Country

In 2022, the United States (X tons) was the main grapefruit supplier to Chile, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at X%.

In value terms, the United States ($X) constituted the largest supplier of grapefruits to Chile.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to X%.

Import Prices by Country

The average grapefruit import price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price saw a perceptible increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

Source: IndexBox Platform

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