Oats market in Chile

Earlier Report Observations

The Chilean oats market experienced significant volatility between 2018 and 2023. After a sharp contraction in 2019, the market volume rebounded strongly to 593 thousand tons in 2020. This recovery was primarily driven by a substantial increase in imports, as Chile sourced nearly 200 thousand metric tons of oats from Canada to supplement domestic supply.

Market volume remained elevated in 2021 before declining in 2022. The drop was largely due to a major shift toward exports, which surged to over 69 thousand tons, coupled with a near-complete halt in imports. This change was facilitated by the normalization of international logistics and the implementation of the Commercial Transactions Regulation for Oats, which streamlined trade procedures. Concurrently, the national oat planted area reported a significant decrease.

In 2023, a steep fall in domestic production pulled the total market size down to 429 thousand tons. During this period, innovation continued with major players like Bob's Red Mill launching new protein-enriched oat products, catering to health-conscious consumers and reflecting ongoing trends in sustainable packaging and product development.

Production oats in Chile

In kind, 2018-2021, K t

Chile was one of the world's leading oat producers from 2018 to 2021, ranking 14th globally by production volume during this period.

Top producers of oats, 2018-2021

World map of production of oats, 2018-2021

Chile's oat production increased for the second consecutive year. In 2021, the country produced 525.2 thousand tons of oats, marking a modest gain of 10.0% compared to 2020. Over the 2018-2021 period, production decreased by 8.1%, with a compound annual growth rate of 2.8%. The lowest production level was recorded in 2019 at 384.9 thousand tons, which saw the largest decline of 32.6%. The most significant increase occurred in 2020, with a 24.0% rise.

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

Exports oats from Chile

Exports in kind, K t

Chile's oat export volume declined for the third consecutive year. In 2021, the country exported 3.3 thousand tons of oats, indicating a sharp year-on-year fall of 32.3%. Over the 2018-2021 period, exports decreased by 91.5%, with a compound annual growth rate of 56.0%.

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

From 2018 to 2021, Peru, Ecuador, and Guatemala formed the key group of partners for Chile's oat exports in kind. Peru accounted for 39.9% of exports, Ecuador for 23.3%, and Guatemala for 8.7%. Together, these three countries represented 71.9% 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 oat exports in value terms declined for the third consecutive year. In 2021, exports totaled 2 042 thousand US dollars, amounting to a notable year-on-year decline of 19.5%. Over the 2018-2021 period, exports decreased by 77.2%, with a compound annual growth rate of 38.9%.

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

Throughout 2018-2021, Peru, Ecuador, and Japan formed the core of Chile's oat exports in value terms. Peru accounted for 29.4% of exports, Ecuador for 19.0%, and Japan for 11.3%. Together, these three countries took 59.7% of total export flows.

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

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

Imports oats to Chile

Imports in kind, K t

The market exhibited an unstable trend throughout the timeframe. The minimum value was recorded in 2019 at 0.0 thousand tons, while the maximum value was reached in 2020 at 120.5 thousand tons, creating a 3 843-fold variation between these years. In 2021, oat deliveries to Chile stood at 87.7 thousand tons, amounting to a decline of 27.2% compared to 2020. The largest decline occurred in 2019 at 48.4%, while the largest increase was recorded in 2020 at 384 180.5%.

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

From 2018 to 2021, Canada effectively concentrated imports in kind of oats to Chile, accounting for 97.3% of total 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

The market exhibited an unstable trend throughout the timeframe. The low point was recorded in 2018, while the high point was reached in 2020 at 32 908 thousand US dollars, with volumes varying 1 066 times between these years. In 2021, foreign oat supplies to Chile registered 25 149 thousand US dollars, down by 23.6% year-on-year. The largest increase occurred in 2020 at 102 005.2%.

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

Throughout 2018-2021, imports in value terms remained heavily focused on Canada, which accounted for 97.8% of total flows.

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

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