Prior to the pandemic, coffee in Chile was beginning to experience a process of premiumisation, which was leading to rapid growth for fresh coffee, especially the fresh ground format. Home seclusion as a result of the pandemic gave an addition boost to the category, partly because so many Chileans were working from home and partly because of increased disposable incomes.
As the Chilean economy deteriorates, wages decrease, product prices rise, and consumers search for ways to save money, one of the first areas of spending to be reduced for many will be on foodservice or other indulgences that imply additional costs. This predicted scenario is likely to lead to a subdued performance for coffee through foodservice heading into the forecast period.
Probably the biggest issue for coffee producers in Chile (and in the world) towards the end of the review period was rising prices. Coffee prices have experienced significant rises, especially during 2022, when they reached a historic 10-year high in February.
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Understand the latest market trends and future growth opportunities for the Coffee industry in Chile with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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This is the aggregation of fresh coffee and instant coffee. Please note that foodservice sales of coffee are volumes sold to the on-trade (foodservice) sector and not those sold to the consumer.See All of Our Definitions
This report originates from Passport, our Coffee research and analysis database.
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