Chile - Vodka - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Spirits, Liqueurs and Other Spirituous Beverages in Chile - 2023
Contents:
- Price for Spirits, Liqueurs and Other Spirituous Beverages in Chile (CIF) - 2023
- Price for Spirits, Liqueurs and Other Spirituous Beverages in Chile (FOB) - 2022
- Imports of Spirits, Liqueurs and Other Spirituous Beverages in Chile
- Exports of Spirits, Liqueurs and Other Spirituous Beverages in Chile
Price for Spirits, Liqueurs and Other Spirituous Beverages in Chile (CIF) - 2023
In October 2023, the average import price for spirits, liqueurs and other spirituous beverages amounted to $4.8 per litre, falling by -1.5% against the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in June 2023 an increase of 32% against the previous month. The import price peaked at $5.4 per litre in August 2023; however, from September 2023 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($13.8 per litre), while the price for Poland ($2.7 per litre) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Spain (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spirits, Liqueurs and Other Spirituous Beverages in Chile (FOB) - 2022
In 2022, the average export price for spirits, liqueurs and other spirituous beverages amounted to $4.4 per litre, declining by -18.4% against the previous year. In general, the export price showed a deep slump. The most prominent rate of growth was recorded in 2016 an increase of 29% against the previous year. The export price peaked at $12 per litre in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($6.4 per litre), while the average price for exports to Portugal ($2 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (-0.4%), while the prices for the other major destinations experienced a decline.
Imports of Spirits, Liqueurs and Other Spirituous Beverages in Chile
In 2022, after three years of growth, there was significant decline in supplies from abroad of spirits, liqueurs and other spirituous beverages, when their volume decreased by -50.9% to 22M litres. In general, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 336%. As a result, imports attained the peak of 46M litres, and then contracted rapidly in the following year.
In value terms, imports of spirits, liqueurs and other spirituous beverages rose slightly to $93M in 2022. Overall, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 148% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
Import of Spirits, Liqueurs and Other Spirituous Beverages in Chile (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 7.5 | 5.7 | 16.8 | 19.5 | 37.5% |
Italy | 1.9 | 2.8 | 7.0 | 11.9 | 84.3% |
Mexico | 3.4 | 4.9 | 9.5 | 11.0 | 47.9% |
Spain | 2.9 | 4.3 | 11.3 | 9.3 | 47.5% |
Argentina | 4.9 | 4.8 | 8.9 | 8.2 | 18.7% |
Germany | 2.6 | 2.6 | 8.3 | 7.3 | 41.1% |
Netherlands | 2.6 | 2.2 | 4.8 | 3.8 | 13.5% |
United Kingdom | 0.7 | 1.1 | 3.2 | 3.6 | 72.6% |
Ireland | 0.7 | 1.1 | 3.4 | 2.8 | 58.7% |
Latvia | 1.6 | 0.4 | 1.8 | 2.2 | 11.2% |
China | 0.2 | N/A | 2.0 | 1.5 | 95.7% |
Panama | N/A | 0.5 | 1.7 | 1.3 | 61.2% |
Poland | 1.0 | 0.8 | 1.3 | 1.2 | 6.3% |
Others | 6.1 | 4.8 | 9.8 | 9.4 | 15.5% |
Total | 36.1 | 36.1 | 89.7 | 93.0 | 37.1% |
Top Suppliers of Spirits, Liqueurs and Other Spirituous Beverages to Chile in 2022:
- Spain (4.5M litres)
- Italy (2.9M litres)
- Mexico (2.5M litres)
- Argentina (2.3M litres)
- United States (2.2M litres)
- Netherlands (1.4M litres)
- Germany (1.3M litres)
- Ireland (0.7M litres)
- United Kingdom (0.6M litres)
- China (0.6M litres)
- Poland (0.6M litres)
- Panama (0.5M litres)
- Latvia (0.5M litres)
Exports of Spirits, Liqueurs and Other Spirituous Beverages in Chile
In 2022, approx. 908K litres of spirits, liqueurs and other spirituous beverages were exported from Chile; picking up by 25% compared with the year before. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +16.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 37%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, exports of spirits, liqueurs and other spirituous beverages expanded modestly to $4M in 2022. Over the period under review, exports, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. The exports peaked at $4.3M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Spirits, Liqueurs and Other Spirituous Beverages in Chile (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | N/A | N/A | N/A | 1,377 | 0% |
Macao SAR | N/A | N/A | 1,294 | 1,107 | -14.5% |
Peru | 2,968 | 680 | 183 | 463 | -46.2% |
United States | 45.7 | 66.8 | 74.7 | 265 | 79.7% |
Paraguay | 81.6 | N/A | 37.6 | 164 | 26.2% |
Panama | 33.0 | 272 | 101 | 119 | 53.3% |
Portugal | N/A | N/A | 11.9 | 90.3 | 658.8% |
Canada | 52.1 | 14.0 | 80.2 | 55.7 | 2.3% |
Netherlands | 124 | 1,398 | 443 | 46.6 | -27.8% |
Taiwan (Chinese) | N/A | 451 | N/A | 24.1 | -76.9% |
Ecuador | 96.8 | 99.4 | 7.8 | 7.9 | -56.6% |
Argentina | 294 | 32.0 | N/A | N/A | -89.1% |
China | 223 | 255 | 126 | N/A | -24.8% |
Others | 349 | 126 | 1,514 | 236 | -12.2% |
Total | 4,267 | 3,395 | 3,873 | 3,956 | -2.5% |
Top Export Markets for Spirits, Liqueurs and Other Spirituous Beverages from Chile in 2022:
- Vietnam (216.0K litres)
- Macao SAR (173.7K litres)
- Peru (150.4K litres)
- United States (120.1K litres)
- Portugal (46.1K litres)
- Panama (41.1K litres)
- Paraguay (41.1K litres)
- Canada (16.2K litres)
- Netherlands (15.3K litres)
- Taiwan (Chinese) (6.2K litres)
- Ecuador (0.7K litres)
This report provides an in-depth analysis of the market for spirits, liqueurs and other spirituous beverages in Chile. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 11011063 - Vodka of an alcoholic strength by volume of . .45,4 % (important: excluding alcohol duty)
- Prodcom 11011065 - Spirits distilled from fruit (excluding liqueurs, gin, geneva, g rape wine or grape marc (important: excluding alcohol duty))
- Prodcom 11011070 - Pure alcohols (important: excluding alcohol duty)
- Prodcom 11011080 - Spirits, liqueurs and other spirituous beverages (excluding spirits distilled from grape wine, grape marc or fruit/whisky, r um, tafia, gin and geneva, spirits distilled from fruit)
Country coverage:
- Chile
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Chile
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for spirits, liqueurs and other spirituous beverages in Chile.
This report provides an in-depth analysis of the spirits and liqueurs market in Chile.
This report provides an in-depth analysis of the grape wine spirits market in Chile.
This report provides an in-depth analysis of the whisky market in Chile.
This report provides an in-depth analysis of the rum market in Chile.
This report provides an in-depth analysis of the gin and geneva market in Chile.
This report provides an in-depth analysis of the global market for spirits, liqueurs and other spirituous beverages.
This report provides an in-depth analysis of the global spirits and liqueurs market.
This report provides an in-depth analysis of the global grape wine spirits market.
This report provides an in-depth analysis of the global whisky market.
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