Chile - Refined Sunflower-Seed And Safflower Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Chile - 2023
Contents:
- Price for Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Chile (CIF) - 2023
- Price for Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Chile (FOB) - 2022
- Imports of Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Chile
- Exports of Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Chile
Price for Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Chile (CIF) - 2023
The average import price for sunflower-seed or safflower oil, refined, but not chemically modified stood at $1,293 per ton in November 2023, reducing by -3.5% against the previous month. Over the period under review, the import price recorded a pronounced shrinkage. The pace of growth was the most pronounced in October 2023 an increase of 2.4% m-o-m. Over the period under review, average import prices reached the peak figure at $1,894 per ton in November 2022; however, from December 2022 to November 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was Argentina ($1,287 per ton), while the price for Bolivia amounted to $1,236 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Argentina (-3.2%).
Price for Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Chile (FOB) - 2022
The average export price for sunflower-seed or safflower oil, refined, but not chemically modified stood at $3,474 per ton in 2022, with an increase of 32% against the previous year. Over the period under review, the export price showed a resilient expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 111% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($5,282 per ton), while the average price for exports to Venezuela ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+9.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Chile
For the third consecutive year, Chile recorded decline in purchases abroad of sunflower-seed or safflower oil, refined, but not chemically modified, which decreased by -2.8% to 58K tons in 2022. Over the period under review, imports showed a noticeable shrinkage.
In value terms, imports of sunflower-seed or safflower oil, refined, but not chemically modified surged to $116M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.4% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 38%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 66.9 | 66.1 | 94.0 | 111 | 18.4% |
| Spain | 1.8 | 2.3 | 2.2 | 2.1 | 5.3% |
| Others | 0.5 | 1.6 | 0.6 | 3.0 | 81.7% |
| Total | 69.2 | 70.1 | 96.9 | 116 | 18.8% |
Top Suppliers of Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified to Chile in 2022:
- Argentina (56.2K tons)
- Spain (0.8K tons)
Exports of Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Chile
In 2022, the amount of sunflower-seed or safflower oil, refined, but not chemically modified exported from Chile surged to 147 tons, jumping by 197% on the previous year. Overall, exports, however, continue to indicate a dramatic curtailment.
In value terms, exports of sunflower-seed or safflower oil, refined, but not chemically modified soared to $512K in 2022. Over the period under review, exports, however, continue to indicate a precipitous curtailment.
| Export of Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 472 | 37.0 | N/A | 258 | -18.2% |
| Argentina | N/A | N/A | 122 | 252 | 106.6% |
| Venezuela | 1,400 | 9.2 | 7.8 | 3.0 | -87.1% |
| Others | N/A | 1.0 | N/A | N/A | 0% |
| Total | 1,872 | 47.3 | 130 | 512 | -35.1% |
Top Export Markets for Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified from Chile in 2022:
- Argentina (95.6 tons)
- Peru (48.8 tons)
- Venezuela (3.0 tons)
This report provides an in-depth analysis of the market for sunflower-seed or safflower oil, refined, but not chemically modified in Chile. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10415400 - Refined sunflower-seed and safflower oil and their fractions (excluding chemically modified)
Country coverage:
- Chile
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Chile
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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