Chile: Market for Chocolate Bars With Fillings 2024

Market Size for Chocolate Bars With Fillings in Chile

In 2023, the Chilean chocolate bar with filling market decreased by X% to $X for the first time since 2017, thus ending a five-year rising trend. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Chocolate bar with filling consumption peaked at $X in 2022, and then reduced slightly in the following year.

Production of Chocolate Bars With Fillings in Chile

In value terms, chocolate bar with filling production dropped to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2023, production growth remained at a lower figure.

Exports of Chocolate Bars With Fillings

Exports from Chile

In 2023, shipments abroad of chocolate bars with fillings decreased by X% to X tons, falling for the fourth consecutive year after four years of growth. Over the period under review, exports continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked at X tons in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

In value terms, chocolate bar with filling exports rose to $X in 2023. In general, exports continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2023, the exports failed to regain momentum.

Exports by Country

Bolivia (X tons) was the main destination for chocolate bar with filling exports from Chile, with a X% share of total exports. It was followed by Peru (X tons), with a X% share of total exports. Panama (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Bolivia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (X% per year) and Panama (X% per year).

In value terms, Bolivia ($X) remains the key foreign market for chocolate bars with fillings exports from Chile, comprising X% of total exports. The second position in the ranking was held by Peru ($X), with a X% share of total exports. It was followed by Panama, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Bolivia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (X% per year) and Panama (X% per year).

Export Prices by Country

In 2023, the average chocolate bar with filling export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021; however, from 2022 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Cuba ($X per ton), while the average price for exports to Bolivia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chocolate Bars With Fillings

Imports into Chile

Chocolate bar with filling imports into Chile expanded rapidly to X tons in 2023, rising by X% against the previous year. In general, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of imports failed to regain momentum.

In value terms, chocolate bar with filling imports declined to $X in 2023. Overall, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2022, and then fell in the following year.

Imports by Country

The United States (X tons), Germany (X tons) and Brazil (X tons) were the main suppliers of chocolate bar with filling imports to Chile, with a combined X% share of total imports. Turkey, Colombia, Spain, Mexico, Argentina, Poland, France, the UK and Belgium lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Colombia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), the United States ($X) and Germany ($X) constituted the largest chocolate bar with filling suppliers to Chile, with a combined X% share of total imports. Mexico, Turkey, Colombia, Poland, Spain, France, Belgium, Argentina and the UK lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Colombia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average chocolate bar with filling import price stood at $X per ton in 2023, which is down by X% against the previous year. Overall, the import price saw a slight shrinkage. The growth pace was the most rapid in 2022 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform