Price for Vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumption in Chile - 2024

Contents:

  1. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Chile (CIF) - 2022
  2. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Chile (FOB) - 2022
  3. Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Chile
  4. Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Chile

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Chile (CIF) - 2022

The average import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia stood at $739 per ton in 2022, declining by -1.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2015 when the average import price increased by 11% against the previous year. The import price peaked at $785 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($1,493 per ton), while the price for Peru amounted to $722 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+2.7%).

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Chile (FOB) - 2022

The average export price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia stood at $1,152 per ton in 2022, surging by 45% against the previous year. In general, the export price, however, saw a deep setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by 154%. The export price peaked at $2,832 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Kuwait.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +8.6% per year.

Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Chile

After three years of growth, overseas purchases of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia decreased by -17.3% to 16K tons in 2022. The total import volume increased at an average annual rate of +4.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year.

In value terms, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia fell sharply to $12M in 2022. The total import value increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. As a result, imports reached the peak of $14M, and then fell notably in the following year.

Import of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru10.011.513.411.13.5%
Argentina0.20.21.00.535.7%
OthersN/AN/AN/AN/A0%
Total10.211.714.411.74.7%

Top Suppliers of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to Chile in 2022:

  1. Peru (15.4K tons)
  2. Argentina (0.3K tons)

Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Chile

In 2022, shipments abroad of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia decreased by -1.2% to 54 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 47% against the previous year. As a result, the exports reached the peak of 78 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia soared to $62K in 2022. In general, exports continue to indicate a significant curtailment.

Export of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kuwait21.818.616.061.941.6%
PeruN/A21.327.1N/A27.2%
United States73.5N/AN/AN/A0%
Cuba54.8N/AN/AN/A0%
BrazilN/A40.7N/AN/A0%
OthersN/AN/AN/AN/A0%
Total15080.643.161.9-25.5%

Top Export Markets for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption from Chile in 2022:

  1. Kuwait (53.7 tons)

Source: IndexBox Market Intelligence Platform

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