Price for Pectic Substances; Pectinates and Pectates in Chile - 2023

Contents:

1. Price for Pectic Substances; Pectinates and Pectates in Chile (CIF) - 2023
2. Price for Pectic Substances; Pectinates and Pectates in Chile (FOB) - 2022
3. Imports of Pectic Substances; Pectinates and Pectates in Chile
4. Exports of Pectic Substances; Pectinates and Pectates in Chile

Price for Pectic Substances; Pectinates and Pectates in Chile (CIF) - 2023

In July 2023, the average import price for pectic substances; pectinates and pectateses amounted to $13,677 per ton, waning by -40% against the previous month. Overall, the import price saw a pronounced descent. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 156% m-o-m. As a result, import price reached the peak level of $29,723 per ton. From March 2023 to July 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Belgium ($26,903 per ton), while the price for Mexico ($11,226 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Pectic Substances; Pectinates and Pectates in Chile (FOB) - 2022

The average export price for pectic substances; pectinates and pectateses stood at $20,560 per ton in 2022, approximately mirroring the previous year. Overall, the export price saw buoyant growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 159%. The export price peaked at $21,462 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +16.6% per year.

Imports of Pectic Substances; Pectinates and Pectates in Chile

For the third consecutive year, Chile recorded decline in overseas purchases of pectic substances; pectinates and pectateses, which decreased by -1.6% to 152 tons in 2022. In general, imports recorded a perceptible curtailment.

In value terms, pectic substances; pectinates and pectates imports totaled $2.4M in 2022. Overall, imports showed a relatively flat trend pattern.

Top Suppliers of Pectic Substances; Pectinates and Pectates to Chile in 2022:

1. Denmark (37.9 tons)
2. Brazil (34.1 tons)
3. Mexico (28.4 tons)
4. Spain (24.8 tons)
5. France (11.5 tons)
6. Belgium (8.9 tons)
7. Germany (4.5 tons)

Exports of Pectic Substances; Pectinates and Pectates in Chile

For the third year in a row, Chile recorded decline in overseas shipments of pectic substances; pectinates and pectateses, which decreased by -37.5% to 25 kg in 2022. Overall, exports showed a sharp downturn. The smallest decline of -23.1% was in 2021.

In value terms, pectic substances; pectinates and pectates exports dropped significantly to $514 in 2022. In general, exports recorded a precipitous slump. The smallest decline of -27% was in 2021.

Top Export Markets for Pectic Substances; Pectinates and Pectates from Chile in 2022:

1. Peru (25.0 kg)

Source: IndexBox Market Intelligence Platform