Professional Documents
Culture Documents
Chile Canned Deciduous Fruit Annual Canned Peach and Puree Annual
Approved By: Rachel Bickford, Agricultural Attach Prepared By: Luis Hennicke, Agricultural Specialist Report Highlights:
Although it is early to predict next years production, Chiles canned peach production and exports in 2010 are expected to increase for the next growing season.
Executive Summary:
The initial forecast for Chilean canned peach production and exports for 2010 (Jan-Dec 2011) shows a larger production level than last year.
Farm Prices for Peaches for Canning Purposes Year 2002 2003 2004 2005 2006 2007 2008 2009 2010 Chilean Pesos per MT 85,000 120,000 150,000 85,000 95,000 135,000 135,000 118,600 105,800 U.S. Dollars per MT 128.21 174.17 246.00 146.00 170.00 260.00 314.00 200.00 189.00
Note: Chiles 2009 inflation rate was -1.4 percent, down from 7.1 percent in 2008.
Consumption:
There are no official statistics on canned peach consumption, production and ending stocks. These figures are derived from the only known data, i.e., the export figures and limited information supplied by the canning industry. As a result, consumption figures may vary from report to report. In general, however, demand for canned peaches in Chile is considered to be relatively stagnant. This is partly the result of increased competition from alternative products, particularly ice cream and yogurt. Small profit margins do not permit canneries to advertise their products in the domestic market, because the potential advertising benefits are not justified by the high cost.
Trade:
As a result of an increase in production of canned peaches together with a good export demand, total exports in 2009 (JanDec 2010) is expected to be slightly larger than last year. A little over 90 percent of Chiles canned peaches are exported to other Latin American countries. Mexico is by far the largest market for Chilean canned peaches. The industry expects Mexico to remain as the main export market for Chile, due to a high import duty (23%) for Greek canned peaches, which are Chiles largest competitor in the Mexican market. Chile normally imports small amounts of canned peaches, which are mainly destined to the Governments School Lunch programs or opportunities traders find with sometimes low priced Chinese products. As a result of the availability of low priced Chinese product and a strong export demand for Chilean canned peaches, imports increased significantly in 2008 (Jan-Dec 2009). Industry sources do not expect further increases in imports in the coming years.
Stocks:
There are no official stock figures available. The canning industry hesitates to specify stock size out of fear that large stocks may reflect poor sales and management, or adversely affect future prices.
Policy:
Chile has no production supports or subsidies for canned peaches.
Peaches, Canned
Chile
Deliv. To Processors Beginning Stocks Production Imports Total Supply Exports Domestic Consumption Ending Stocks Total Distribution
Export Trade Matrix Country Commodity Time Period Exports for: U.S. Others Mxico Peru Venezuela Ecuador Colombia Bolivia Costa Rica Guatemala El Salvador Canada Total for Others Others not Listed Grand Total Chile Peaches Canned Jan-Dec Units: 2008 2,546 21,128 12,996 7,869 7,172 6,751 1,616 809 648 478 192 59,657 50 62,253 U.S. Others Russia Brazil Mxico Ecuador Venezuela Peru Netherlands El Salvador Colombia Guatemala
M.T. 2009 1,788 12,071 5,909 3,505 3,435 2,708 2,116 1,288 1,161 906 885 33,983 21,588 57,358
Units: U.S. Others Mxico Peru Colombia Venezuela Ecuador Bolivia Guatemala Costa Rica El Salvador Canada
M.T. 2010 3,118 10,156 9,867 3,930 2,953 2,640 1,007 666 391 287 198 32,093 373 35,584
Note: Trade data for CY2010 covers the month of January through August only.
Trade
Due to a strong demand and increasing prices for canned peach puree during the last few years the industry increased production and exports until 2008. A fall in demand and prices will lower production and exports of peach puree in the coming years as was indicated by an industry source.
Export Trade Matrix Country Chile Commodity Peach Puree, Canned Time Period Jan-Dec Units: Exports for: U.S. Others Russia Venezuela Mxico Brazil Ecuador Peru Colombia El Salvador Guatemala Ukraine Total for Others Others not Listed Grand Total 2008 1,618 12,119 10,961 5,747 4,746 3,355 1,974 1,664 1,591 1,488 949 44,594 5,153 51,365 U.S. Others Russia Brazil Mxico Ecuador Venezuela Peru Netherlands El Salvador Colombia Guatemala
M.T. 2009 2,383 12,071 5,909 3,505 3,435 2,708 2,116 1,288 1,161 906 885 33,983 4,887 41,253
Units: U.S. Others Russia Venezuela Brazil Ecuador Mxico Peru Argentina Colombia Guatemala El Salvador
M.T. 2010 1,367 5,831 4,012 4,001 3,404 2,987 2,316 1,545 976 903 644 26,618 2,548 30,533
Note: Trade data for CY2010 covers the month of January through August only.