Not further prepared dried vegetables market in Chile

Earlier Report Observations

Between 2018 and 2023, the Chilean market for not further prepared dried vegetables showed considerable volatility in volume. After a peak of 7 578 tonnes in 2020, market size fell to 5 653 tonnes in 2021, rebounded to 6 514 tonnes in 2022, and then contracted to 4 332 tonnes in 2023. Domestic production steadily declined throughout the period, while import and export levels fluctuated annually.

The market's growth in 2020 coincided with heightened import activity, reflecting a dynamic vegetable sector where processed items, including dried vegetables, represented a significant portion of Chile's agricultural exports. The recovery in 2022 was propelled by increasing consumer preference for healthy, long-shelf-life food products, supported by urbanization and faster lifestyles that boosted demand for convenient options like dried vegetables. This period also saw the expansion of small and medium enterprises dedicated to dried produce.

The sharp market reduction in 2023 occurred despite favorable demand trends for packaged, nutritious foods. This downturn was likely influenced by ongoing volatility in the availability and pricing of fresh vegetable raw materials due to seasonal variations and climatic conditions affecting irrigation water supply, factors that constrained both domestic output and import volumes.

Production not further prepared dried vegetables in Chile

In kind, 2018-2021, t

Top producers of not further prepared dried vegetables, 2018-2021

World map of production of not further prepared dried vegetables, 2018-2021

Chile's production of not further prepared dried vegetables declined for the third consecutive year. In 2021, output reached 3 256 tonnes, marking a slight decrease of 0.7% compared to 2020. Over the period from 2018 to 2021, production fell by 7%, with an average annual decline of 2.4%.

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

In value, 2018-2021, K $ US

Chile's production value of not further prepared dried vegetables also declined for the third year in a row. In 2021, the output was valued at 22 200 thousand US dollars, representing a significant drop of 12.5% from the previous year. Between 2018 and 2021, production value decreased by 25.9%, equating to an annualized decline of 9.5%.

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

Exports not further prepared dried vegetables from Chile

Exports in kind, t

In 2021, Chile's exports of not further prepared dried vegetables amounted to 2 501 tonnes, a sharp increase of 59.9% compared to 2020. Over the period from 2018 to 2021, exports grew by 50.1%, with an average annual growth rate of 14.5%. The lowest export volume was recorded in 2020 at 1 564 tonnes, which also saw the largest decline of 22.5%.

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

From 2018 to 2021, the United States, Argentina, and Colombia were the core markets for Chile's exports of not further prepared dried vegetables in volume terms. The United States accounted for 29.6% of exports, Argentina for 13.1%, and Colombia for 11.5%, together representing 54.1% 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

In 2021, Chile exported not further prepared dried vegetables worth 17 051 thousand US dollars, which is 40.8% higher than in 2020. Between 2018 and 2021, export value increased by 19.7%, with an average annual growth rate of 6.2%. The lowest value was recorded in 2020 at 12 106 thousand US dollars, which also experienced the largest decline of 25.7%.

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

From 2018 to 2021, the United States, Japan, and France were the top three markets for Chile's exports of not further prepared dried vegetables in value terms, together absorbing 57.0% 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 not further prepared dried vegetables to Chile

Imports in kind, t

After two years of growth, Chile's imports of not further prepared dried vegetables in volume terms declined in 2021. Imports reached 4 898 tonnes, a substantial drop of 16.5% compared to the previous year. Over the period from 2018 to 2021, imports decreased by 4.5%, with an average annual decline of 1.5%. The highest import volume was recorded in 2020 at 5 863 tonnes, which also saw the largest increase of 12.2%.

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

From 2018 to 2021, China, the Netherlands, and the United States were the main sources of not further prepared dried vegetables imports to Chile in volume terms. China accounted for 40.6% of imports, the Netherlands for 30.5%, and the United States for 17.9%, together making up 89.0% of total import flows.

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

In 2021, Chile imported not further prepared dried vegetables worth 11 910 thousand US dollars, a decrease of 7.9% from the previous year. Over the period from 2018 to 2021, import value increased by 2.7%, with an average annual growth rate of 0.9%. The lowest value was recorded in 2019 at 11 438 thousand US dollars, while the highest was in 2020 at 12 927 thousand US dollars, which also saw the largest increase of 13.0%.

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

From 2018 to 2021, China, the United States, and the Netherlands led as the top suppliers of not further prepared dried vegetables to Chile in value terms. China accounted for 43.1% of imports, the United States for 26.1%, and the Netherlands for 18.3%, with their combined share reaching 87.5% of total import value.

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

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