Price for Fats and Oils and Their Fractions; of Marine Mammals in Chile - 2023

Price for Fats and Oils and Their Fractions; of Marine Mammals in Chile (CIF) - 2022

In 2022, the average import price for fats and oils and their fractions; of marine mammalses amounted to $743 per ton, with a decrease of -29.7% against the previous year. Over the period under review, the import price continues to indicate a abrupt downturn. The growth pace was the most rapid in 2020 a decrease of -1.2% against the previous year. The import price peaked at $2,333 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2015 to 2022, the rate of growth in terms of prices for China amounted to -4.6% per year.

Imports of Fats and Oils and Their Fractions; of Marine Mammals in Chile

After three years of growth, supplies from abroad of fats and oils and their fractions; of marine mammalses decreased by -84.9% to 22 tons in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 46,913%. As a result, imports reached the peak of 145 tons, and then contracted markedly in the following year.

In value terms, imports of fats and oils and their fractions; of marine mammalses contracted dramatically to $16K in 2022. Overall, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 31,294%. As a result, imports attained the peak of $153K, and then contracted rapidly in the following year.