Price for Insects; Live, Other than Bees in Chile - 2024
Contents:
- Price for Insects; Live, Other than Bees in Chile (CIF) - 2022
- Imports of Insects; Live, Other than Bees in Chile
Price for Insects; Live, Other than Bees in Chile (CIF) - 2022
The average import price for insects; live, other than beeses stood at less than $0.1 per thousand units in 2022, reducing by -11.4% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, insects; live, other than bees import price increased by +74.6% against 2018 indices. The pace of growth was the most pronounced in 2019 an increase of 57% against the previous year. Over the period under review, average import prices reached the maximum at less than $0.1 per thousand units in 2021, and then reduced in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Israel (less than $0.1 per thousand units), while the price for the Netherlands (less than $0.1 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Insects; Live, Other than Bees in Chile
In 2022, the amount of insects; live, other than beeses imported into Chile soared to 16B units, increasing by 96% on the previous year's figure. Over the period under review, imports showed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 97% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, insects; live, other than bees imports surged to $274K in 2022. In general, imports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 184% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Insects; Live, Other than Bees in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | N/A | N/A | 18.0 | 124 | 588.9% |
| Costa Rica | 16.7 | 5.9 | 1.3 | 21.4 | 8.6% |
| Netherlands | 0.1 | 0.8 | 21.2 | 18.3 | 467.7% |
| Israel | 34.4 | 35.1 | 25.7 | 18.0 | -19.4% |
| Spain | 4.4 | 4.3 | 4.8 | N/A | 4.4% |
| Belgium | 4.9 | 3.9 | 3.4 | N/A | -16.7% |
| Others | 6.2 | 5.2 | 82.6 | 92.2 | 145.9% |
| Total | 66.8 | 55.3 | 157 | 274 | 60.1% |
Top Suppliers of Insects; Live, Other than Bees to Chile in 2022:
- Argentina (10.4B units)
- Netherlands (2.3B units)
- Costa Rica (1.8B units)
- Israel (1.2B units)
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