Earlier Report Observations
The market for chemically pure sucrose in solid form in Chile showed significant volatility between 2018 and 2023. After starting at 724.2 thousand tons in 2018, market volume contracted to 639.6 thousand tons in 2019, then recovered to 689.7 thousand tons in 2020.
This upward trend continued in 2021, with the market reaching 731.5 thousand tons. The following two years saw a period of stabilization, with volumes at 731.8 thousand tons in 2022 and 720.1 thousand tons in 2023. Domestic production followed a similar pattern, declining sharply in 2019 before a gradual recovery to 286.8 thousand tons by 2023.
Imports, which consistently supplied the majority of the market, remained above 400 thousand tons annually throughout the period, with fluctuations influencing the overall market size. The stability observed in 2022 and 2023 marked a consolidation after the earlier swings.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Chile
- 5.1.1. Annual dynamics of production in Chile in kind, 2018-2023, K t
- 5.1.2. Annual dynamics of production in Chile in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Chile
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, K t
- 6.1.2.1. Annual dynamics of product's exports from Chile in kind, 2018-2025, K t
- 6.1.2.2. Dynamics of product's exports in kind from Chile by countries, 2018-2025, K t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.1.3. Exports in value, M $ US
- 6.1.3.1. Annual dynamics of product's exports from Chile in value, 2018-2025, M $ US
- 6.1.3.2. Dynamics of product's exports in value from Chile by countries, 2018-2025, M $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
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6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from Chile, 2018-2025, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Chile by countries, 2018-2025, $ US/t
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, K t
- 6.2.2.1. Annual dynamics of product's exports from Chile in kind, 2018-2025, K t
- 6.2.2.2. Dynamics of product's exports in kind from Chile by countries, 2018-2025, K t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.2.3. Exports in value, M $ US
- 6.2.3.1. Annual dynamics of product's exports from Chile in value, 2018-2025, M $ US
- 6.2.3.2. Dynamics of product's exports in value from Chile by countries, 2018-2025, M $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
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6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from Chile, 2018-2025, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Chile by countries, 2018-2025, $ US/t
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, K t
- 7.1.2.1. Annual dynamics of product's imports to Chile in kind, 2018-2025, K t
- 7.1.2.2. Dynamics of product's imports in kind to Chile by countries, 2018-2025, K t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.1.3. Imports in value, M $ US
- 7.1.3.1. Annual dynamics of product's imports to Chile in value, 2018-2025, M $ US
- 7.1.3.2. Dynamics of product's imports in value to Chile by countries, 2018-2025, M $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
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7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to Chile, 2018-2025, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to Chile by countries, 2018-2025, $ US/t
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, K t
- 7.2.2.1. Annual dynamics of product's imports to Chile in kind, 2018-2025, K t
- 7.2.2.2. Dynamics of product's imports in kind to Chile by countries, 2018-2025, K t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.2.3. Imports in value, M $ US
- 7.2.3.1. Annual dynamics of product's imports to Chile in value, 2018-2025, M $ US
- 7.2.3.2. Dynamics of product's imports in value to Chile by countries, 2018-2025, M $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
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7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to Chile, 2018-2025, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to Chile by countries, 2018-2025, $ US/t
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, K t
- 8.1.2. In value, M $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, K t
- 8.2.2. In value, M $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production sucrose in solid form in Chile
In kind, 2018-2021, K t
Top producers of sucrose in solid form, 2018-2021
World map of production of sucrose in solid form, 2018-2021
Chile produced 270.5 thousand tons of solid sucrose in 2021, marking a slight 2.1% decrease from 2020. Over the 2018-2021 period, production fell by 14%, with a compound annual growth rate of -4.9%. The lowest production level was recorded in 2019 at 244.4 thousand tons. That year also saw the largest decline of 22.3%, while 2020 experienced the biggest increase of 13.1%.
Annual dynamics of production in Chile in kind, 2018-2021, K t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (22.3%) | 13.1% | (2.1%) | (4.9%) |
Exports sucrose in solid form from Chile
Exports in kind, K t
Chile's solid sucrose exports declined for the third consecutive year. In 2021, the country exported 0.1 thousand tons, representing an 11.6% year-over-year decrease. From 2018 to 2021, exports dropped by 91.9%, with a compound annual decline rate of 56.8%.
Annual dynamics of product's exports from Chile in kind, 2018-2021, K t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (49.2%) | (82.1%) | (11.6%) | (56.8%) |
Between 2018 and 2021, Chile's solid sucrose exports were heavily concentrated on Venezuela, which accounted for 73.1% of total flows. All other countries combined made up the remaining share.
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, M $ US
Chile's solid sucrose export shipments declined for the third year in a row. In 2021, exports totaled 0.1 million US dollars, a 9.2% decrease from the previous year. From 2018 to 2021, exports fell by 94.5%, equivalent to an annualized decline rate of 62.0%.
Annual dynamics of product's exports from Chile in value, 2018-2021, M $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (50.4%) | (87.8%) | (9.2%) | (62.0%) |
Throughout 2018-2021, Venezuela clearly dominated Chile's solid sucrose exports in value terms, capturing 77.5% of total flows. Other countries each held significantly smaller shares.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Chile in value, 2018-2021
Imports sucrose in solid form to Chile
Imports in kind, K t
Chile's solid sucrose imports increased for the second consecutive year. In 2021, imports reached 461.1 thousand tons, showing a strong 11.5% rise from 2020. Over the 2018-2021 period, imports grew by 12.1%, with a compound annual growth rate of 3.9%. The lowest import volume was recorded in 2019 at 396.1 thousand tons, which also saw the largest decline of 3.7%.
Annual dynamics of product's imports to Chile in kind, 2018-2021, K t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (3.7%) | 4.4% | 11.5% | 3.9% |
From 2018 to 2021, Guatemala (43.6% of import volume), Colombia (32.3%), and Argentina (20.3%) continued to lead as suppliers of solid sucrose to Chile. Together, these three countries accounted for 96.2% of total import volume.
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, M $ US
Chile's solid sucrose import volume increased for the second year running. In 2021, imports amounted to approximately 187.7 million US dollars, reflecting a strong 14.2% year-over-year rise. Between 2018 and 2021, imports grew by 12.5%, equating to an annualized growth rate of 4.0%. The lowest value was recorded in 2019 at 144.6 million US dollars, which also experienced the largest decline of 13.3%.
Annual dynamics of product's imports to Chile in value, 2018-2021, M $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (13.3%) | 13.6% | 14.2% | 4.0% |
Throughout 2018-2021, Guatemala (44.6% of import value), Colombia (28.9%), and Argentina (22.1%) remained the key sources for Chile's solid sucrose imports in value terms. Together, these three countries accounted for 95.6% of total import flows.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Chile in value, 2018-2021
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