Kiwi Fruit Market Overview in Chile
In value terms, kiwi fruit production shrank remarkably to $ in 2019 estimated in export prices. The total output value increased at an average annual rate of +% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of % y-o-y. As a result, production reached the peak level of $. From 2015 to 2019, production growth remained at a lower figure.
In 2019, the average kiwi fruit yield in Chile amounted to tonnes per ha, rising by % compared with the previous year's figure. The yield figure increased at an average annual rate of +% from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2010 when the yield increased by % against the previous year. The kiwi fruit yield peaked in 2019 and is likely to see steady growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
The kiwi fruit harvested area in Chile contracted modestly to ha in 2019, remaining stable against 2018 figures. In general, the harvested area saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 with an increase of % against the previous year. Over the period under review, the harvested area dedicated to kiwi fruit production attained the peak figure at ha in 2012; however, from 2013 to 2019, the harvested area stood at a somewhat lower figure.
The revenue of the kiwi fruit market in Chile soared to $ in 2019, increasing by % 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 showed significant growth. The most prominent rate of growth was recorded in 2014 when the market value increased by % year-to-year. As a result, consumption reached the peak level of $. From 2015 to 2019, the growth of the market failed to regain the momentum.