Chile - Industrial Tall Oil Fatty Acids - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Chile - Industrial Tall Oil Fatty Acids - Market Analysis, Forecast, Size, Trends And Insights

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Price for Tall Oil Fatty Acids in Chile - 2023

Contents:

  1. Price for Tall Oil Fatty Acids in Chile (CIF) - 2022
  2. Price for Tall Oil Fatty Acids in Chile (FOB) - 2022
  3. Imports of Tall Oil Fatty Acids in Chile
  4. Exports of Tall Oil Fatty Acids in Chile

Price for Tall Oil Fatty Acids in Chile (CIF) - 2022

The average tall oil fatty acids import price stood at $1,418 per ton in 2022, dropping by -4.6% against the previous year. Overall, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tall oil fatty acids import price decreased by -42.4% against 2019 indices. The pace of growth was the most pronounced in 2019 an increase of 69%. As a result, import price attained the peak level of $2,460 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($20,432 per ton), while the price for Argentina ($437 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+1.5%), while the prices for the other major suppliers experienced a decline.

Price for Tall Oil Fatty Acids in Chile (FOB) - 2022

In 2022, the average tall oil fatty acids export price amounted to $4,199 per ton, with an increase of 42% against the previous year. In general, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $4,366 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Peru.

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to +0.3% per year.

Imports of Tall Oil Fatty Acids in Chile

In 2022, the amount of industrial tall oil fatty acids imported into Chile fell remarkably to 256 tons, reducing by -22.6% against 2021. Over the period under review, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 129% against the previous year.

In value terms, tall oil fatty acids imports dropped markedly to $363K in 2022. Overall, imports faced a precipitous setback. The growth pace was the most rapid in 2021 when imports increased by 110% against the previous year.

Import of Tall Oil Fatty Acids in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain58315555.1190-31.2%
United States14962.5190138-2.5%
Argentina55.214.641.330.0-18.4%
Malaysia38.9N/AN/AN/A0%
Others9.52.32054.7-20.9%
Total835234492363-24.2%

Top Suppliers of Tall Oil Fatty Acids to Chile in 2022:

  1. United States (175.1 tons)
  2. Argentina (68.6 tons)
  3. Spain (9.3 tons)

Exports of Tall Oil Fatty Acids in Chile

After three years of growth, overseas shipments of industrial tall oil fatty acids decreased by -42.9% to 10 tons in 2022. In general, exports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 123%. As a result, the exports reached the peak of 18 tons, and then fell notably in the following year.

In value terms, tall oil fatty acids exports contracted dramatically to $43K in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 62% against the previous year. As a result, the exports attained the peak of $53K, and then fell remarkably in the following year.

Export of Tall Oil Fatty Acids in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru29.232.729.242.813.6%
NetherlandsN/AN/A23.8N/A0%
OthersN/AN/AN/AN/A0%
Total29.232.752.942.813.6%

Top Export Markets for Tall Oil Fatty Acids from Chile in 2022:

  1. Peru (10.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for tall oil fatty acids 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 20143150 - Industrial tall oil fatty acids

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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