Updated Jan 21, 2023 14:26

Kiwi Fruit Market in Chile

Market Overview
In , the Chilean kiwi fruit market increased by % to $, rising for the second year in a row after three years of decline. Overall, consumption, however, showed a abrupt decrease. Over the period under review, the market attained the peak level at $ in 2009; however, from 2010 to , consumption failed to regain momentum.

In value terms, kiwi fruit production amounted to $ in estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by % against the previous year. Kiwi fruit production peaked at $ in 2013; however, from 2014 to , production remained at a lower figure.

In , the average kiwi fruit yield in Chile contracted to tons per ha, which is down by -% on . Overall, the yield, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of % against the previous year. Over the period under review, the average kiwi fruit yield attained the peak level at tons per ha in 2016; however, from 2017 to , the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In , the total area harvested in terms of kiwi fruit production in Chile stood at ha, remaining stable against the previous year's figure. Overall, the harvested area, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when the harvested area increased by %. Over the period under review, the harvested area dedicated to kiwi fruit production reached the maximum at ha in 2012; however, from 2013 to , the harvested area failed to regain momentum.


Consumption
In , consumption of kiwi fruit increased by % to tons, rising for the second year in a row after six years of decline. In general, consumption, however, continues to indicate a deep contraction. Kiwi fruit consumption peaked at tons in 2009; however, from 2010 to , consumption remained at a lower figure.

The value of the kiwi fruit market in Chile surged to $ in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate a deep setback. Kiwi fruit consumption peaked at $ in 2009; however, from 2010 to , consumption failed to regain momentum.


Market Forecast
Depressed by shrinking demand for kiwi fruit in Chile, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .

In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Over the period under review, imports of kiwi fruit in Chile were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for kiwi fruit. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.


Trade Balance
Chile remains a net exporter of kiwi fruit; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.