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Chile - Walnuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWalnut Price in Chile - 2023
Contents:
- Walnut Price in Chile (FOB) - 2023
- Walnut Price in Chile (CIF) - 2022
- Walnut Exports in Chile
- Walnut Imports in Chile
Walnut Price in Chile (FOB) - 2023
In September 2023, the average walnut export price amounted to $2,432 per ton, approximately mirroring the previous month. Over the period under review, the export price showed a abrupt curtailment. The growth pace was the most rapid in April 2023 when the average export price increased by 26% month-to-month. The export price peaked at $6,041 per ton in September 2022; however, from October 2022 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Spain ($3,199 per ton), while the average price for exports to Turkey ($1,822 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+0.8%), while the prices for the other major destinations experienced a decline.
Walnut Price in Chile (CIF) - 2022
In 2022, the average walnut import price amounted to $3,108 per ton, waning by -4.9% against the previous year. Over the period under review, the import price showed a noticeable curtailment. The pace of growth appeared the most rapid in 2021 an increase of 22% against the previous year. Over the period under review, average import prices attained the peak figure at $4,994 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
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 Argentina amounted to +5.8% per year.
Walnut Exports in Chile
Walnut exports from Chile totaled 90K tons in 2022, surging by 10% compared with 2021. The total export volume increased at an average annual rate of +7.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 25%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, walnut exports stood at $261M in 2022. The total export value increased at an average annual rate of +9.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 29%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.
Export of Walnut in Chile (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 49.3 | 25.7 | 39.8 | 85.4 | 20.1% |
India | 14.4 | 28.1 | 50.1 | 63.1 | 63.6% |
Morocco | N/A | N/A | N/A | 19.0 | 0% |
Italy | 23.6 | 17.0 | 19.3 | 18.9 | -7.1% |
United Arab Emirates | 48.5 | 12.8 | 16.4 | 18.9 | -27.0% |
Spain | 6.9 | 6.8 | 8.0 | 9.1 | 9.7% |
China | 10.7 | 10.0 | 5.5 | 7.5 | -11.2% |
Germany | 5.0 | 8.0 | 4.9 | 4.9 | -0.7% |
Vietnam | 13.7 | 8.7 | 10.3 | 3.7 | -35.4% |
Algeria | 2.6 | 0.9 | 1.2 | 3.3 | 8.3% |
Others | 26.6 | 61.5 | 76.1 | 27.3 | 0.9% |
Total | 202 | 179 | 232 | 261 | 8.9% |
Top Export Markets for Walnut from Chile in 2022:
- Turkey (24.9K tons)
- India (24.2K tons)
- United Arab Emirates (7.5K tons)
- Morocco (7.2K tons)
- Italy (6.8K tons)
- Spain (3.2K tons)
- China (2.9K tons)
- Germany (1.9K tons)
- Algeria (1.5K tons)
- Vietnam (1.4K tons)
Walnut Imports in Chile
In 2022, approx. 60 tons of walnuts were imported into Chile; increasing by 52% against 2021. Over the period under review, imports showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 54% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, walnut imports soared to $187K in 2022. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Walnut in Chile (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 7.0 | 17.0 | 24.7 | 187 | 198.9% |
Argentina | 2.8 | 34.9 | 29.7 | N/A | 225.7% |
United Arab Emirates | 24.9 | 8.9 | 42.2 | N/A | 30.2% |
Italy | 15.9 | 26.3 | 15.9 | N/A | 0.0% |
Others | 38.4 | 20.0 | 16.3 | N/A | -34.8% |
Total | 89.0 | 107 | 129 | 187 | 28.1% |
Top Suppliers of Walnut to Chile in 2022:
- United States (60.0 tons)
This report provides an in-depth analysis of the walnut 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 222 - Walnuts
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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