Cocoa-free sugar confectionery market in Chile

Earlier Report Observations

The market volume for cocoa-free sugar confectionery in Chile showed considerable variation from 2018 to 2023. After a modest decline to 18 597 t in 2019, consumption jumped sharply to 29 526 t in 2020. This surge was driven by growing consumer interest in healthier alternatives, with trends favoring products perceived as better-for-you boosting demand across the confectionery sector.

Market volume remained elevated compared to pre-2020 levels in subsequent years. A key period of growth occurred in 2022, when volume increased by 5% to 26 206 t, supported by significant product innovation. Manufacturers introduced functional varieties with added probiotics, vitamins, and collagen, along with new flavors and formats, which stimulated consumer interest and expanded the market.

The competitive landscape featured established players like Carozzi maintaining a strong presence. Broader market dynamics, including volatility in global cocoa and sugar prices, prompted some producers to adjust formulations and focus on categories like sugar-free offerings, which influenced the strategic context for cocoa-free confectionery throughout the period.

Production cocoa-free sugar confectionery in Chile

In kind, 2018-2021, t

Top producers of cocoa-free sugar confectionery, 2018-2021

World map of production of cocoa-free sugar confectionery, 2018-2021

Chile's production of cocoa-free sugar confectionery grew for the second consecutive year. In 2021, the country produced 2 567 tons, marking a modest 6.5% increase compared to the previous year. Production reached its lowest point in 2019 at 2 218 tons, which also saw the largest decline of 12.2%. The most significant growth occurred in 2020 with an 8.6% increase.

Annual dynamics of production in Chile in kind, 2018-2021, t

In value, 2018-2021, K $ US

Chile's cocoa-free sugar confectionery production continued to expand for the second year in a row. In 2021, the output was valued at 8 149 thousand US dollars, up 5.5% from the previous year. From 2018 to 2021, production rose by 6.2%, translating to an annualized growth rate of 2.0%. The lowest value was recorded in 2019 at 7 500 thousand US dollars, which also experienced the largest decline of 2.3%.

Annual dynamics of production in Chile in value, 2018-2021, K $ US

Exports cocoa-free sugar confectionery from Chile

Exports in kind, t

In 2021, Chile exported 2 603 tons of cocoa-free sugar confectionery, representing a 19.1% increase compared to 2020. Exports peaked in 2019 at 2 758 tons and hit their lowest point in 2020 at 2 186 tons. The most substantial drop occurred in 2020 with a decline of 20.8%.

Annual dynamics of product's exports from Chile in kind, 2018-2021, t

Between 2018 and 2021, Bolivia, Peru, and Ecuador were the primary markets for Chile's cocoa-free sugar confectionery exports in volume terms. Bolivia accounted for 63.2% of exports, Peru for 10.4%, and Ecuador for 8.1%. Together, these three countries made up 81.7% of total export flows.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Chile in kind, 2018-2021

Exports in value, K $ US

Chile's cocoa-free sugar confectionery exports reached 8 265 thousand US dollars in 2021, up 18.0% from the previous year. From 2018 to 2021, exports grew by 6.2%, equivalent to an annualized rate of 2.0%. The highest value was recorded in 2019 at 9 329 thousand US dollars, while the lowest was in 2020 at 7 005 thousand US dollars. The largest decline occurred in 2020 with a 24.9% drop, and the biggest increase was in 2019 with a 19.8% rise.

Annual dynamics of product's exports from Chile in value, 2018-2021, K $ US

From 2018 to 2021, Bolivia, Peru, and Ecuador were the main buyers of Chile's cocoa-free sugar confectionery in value terms. Bolivia represented 62.1% of exports, Peru 7.9%, and Ecuador 7.9%. Combined, these three countries comprised 77.8% of total export value.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Chile in value, 2018-2021

Imports cocoa-free sugar confectionery to Chile

Imports in kind, t

Following two years of growth, Chile's imports of cocoa-free sugar confectionery declined in 2021. Imports totaled 25 006 tons, showing a solid 14.7% decrease from the previous year. Over the 2018-2021 period, imports increased by 31%, with a compound annual growth rate of 9.4%. The highest volume was recorded in 2020 at 29 302 tons, which also saw the largest increase of 53.1%.

Annual dynamics of product's imports to Chile in kind, 2018-2021, t

Between 2018 and 2021, Colombia, the United States, and Argentina were the leading suppliers of cocoa-free sugar confectionery to Chile in volume terms. Colombia accounted for 21.6% of imports, the United States for 19.8%, and Argentina for 19.7%. Together, these three countries represented 61.1% of total imports.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Chile in kind, 2018-2021

Imports in value, K $ US

Chile's imports of cocoa-free sugar confectionery showed an unstable trend from 2018 to 2021. In 2021, imports amounted to 74 968 thousand US dollars, marking a sharp 80.3% increase compared to 2020. The lowest value was recorded in 2020 at 41 580 thousand US dollars, which also experienced the largest decline of 15.7%. Imports peaked in 2021 and reached their lowest point in 2020, with a 1.8-fold difference between these years.

Annual dynamics of product's imports to Chile in value, 2018-2021, K $ US

From 2018 to 2021, Chile's suppliers of cocoa-free sugar confectionery were diverse in value terms. Argentina accounted for 21.7% of imports, Colombia for 14.9%, and Brazil for 10.7%. Together, these three countries contributed 47.3% of total import value, while numerous other countries held smaller but notable shares.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Chile in value, 2018-2021