Report Update: May 1, 2024

Chile - Tomato Ketchup And Tomato Sauces - Market Analysis, Forecast, Size, Trends And Insights

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Tomato Ketchup Price in Chile - 2023

Tomato Ketchup Price in Chile (CIF) - 2023

The average tomato ketchup import price stood at $1,392 per ton in September 2023, with an increase of 20% against the previous month. In general, the import price saw a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $1,454 per ton in January 2023; however, from February 2023 to September 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($2,095 per ton), while the price for China ($811 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+3.6%), while the prices for the other major suppliers experienced a decline.

Tomato Ketchup Price in Chile (FOB) - 2023

The average tomato ketchup export price stood at $1,919 per ton in September 2023, standing approximately at the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in June 2023 an increase of 9.7% m-o-m. As a result, the export price attained the peak level of $1,990 per ton. From July 2023 to September 2023, the the average export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In September 2023, the countries with the highest prices were Colombia ($2,232 per ton) and Ecuador ($2,078 per ton), while the average price for exports to Uruguay ($1,633 per ton) and Brazil ($1,655 per ton) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

Tomato Ketchup Imports in Chile

In 2022, the amount of tomato ketchup and tomato sauces imported into Chile amounted to 18K tons, increasing by 13% compared with the previous year. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 122%. As a result, imports reached the peak of 20K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tomato ketchup imports surged to $25M in 2022. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 74% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Import of Tomato Ketchup in Chile (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	7.0	7.1	7.9	10.4	14.1%
Mexico	2.3	3.1	6.4	7.2	46.3%
China	1.3	7.9	4.6	4.1	46.6%
Italy	0.5	1.2	1.8	2.2	63.9%
Argentina	0.1	0.1	0.3	0.7	91.3%
Others	0.6	1.1	0.8	0.7	5.3%
Total	11.7	20.5	21.9	25.3	29.3%

Top Suppliers of Tomato Ketchup to Chile in 2022:

United States (6.5K tons)
Mexico (4.8K tons)
China (4.5K tons)
Italy (1.0K tons)
Argentina (0.4K tons)

Tomato Ketchup Exports in Chile

In 2022, approx. 6K tons of tomato ketchup and tomato sauces were exported from Chile; surging by 2.2% compared with the previous year. The total export volume increased at an average annual rate of +1.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 35%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, tomato ketchup exports soared to $9.5M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +95.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 45%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Tomato Ketchup in Chile (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Argentina	1,592	753	1,535	2,656	18.6%
Colombia	1,040	738	1,051	1,351	9.1%
Brazil	924	970	1,068	1,089	5.6%
Peru	724	399	809	1,013	11.8%
United States	N/A	N/A	N/A	559	0%
Ecuador	388	296	409	557	12.8%
Costa Rica	244	603	745	543	30.6%
Honduras	281	173	322	500	21.2%
Bolivia	211	371	271	352	18.6%
Venezuela	847	21.2	60.3	84.9	-53.5%
Others	937	538	793	796	-5.3%
Total	7,190	4,861	7,063	9,499	9.7%

Top Export Markets for Tomato Ketchup from Chile in 2022:

Argentina (1768.0 tons)
Colombia (814.0 tons)
Brazil (684.4 tons)
Peru (649.0 tons)
Costa Rica (405.8 tons)
Ecuador (340.6 tons)
Honduras (274.1 tons)
United States (262.4 tons)
Bolivia (257.0 tons)
Venezuela (56.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tomato ketchup market 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 10841230 - Tomato ketchup and other tomato sauces

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023