Overview of the Market for Fruit Or Nut Preserves in Chile
In value terms, fruit or nut preserves production declined to $ in 2019 estimated in export prices. Overall, the total production indicated noticeable growth from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production decreased by -% against 2017 indices. The pace of growth was the most pronounced in 2008 when the production volume increased by % y-o-y. Over the period under review, production reached the maximum level at $ in 2014; however, from 2015 to 2019, production failed to regain the momentum.
The revenue of the fruit or nut preserves market in Chile shrank slightly to $ in 2019, with a decrease 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). Overall, consumption recorded a abrupt decrease. The growth pace was the most rapid in 2008 when the market value increased by % year-to-year. As a result, consumption reached the peak level of $. From 2009 to 2019, the growth of the market remained at a lower figure.