Report Latin America and the Caribbean - Crude Rape, Colza or Mustard Oil - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 1, 2022

Latin America and the Caribbean - Crude Rape, Colza or Mustard Oil - Market Analysis, Forecast, Size, Trends and Insights
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Latin America and the Caribbean: Crude Rapeseed Oil Market 2022

Crude Rapeseed Oil Market Size in Latin America and the Caribbean

In 2021, the Latin American crude rapeseed oil market increased by X% to $X, rising for the second consecutive year after seven years of decline. Overall, consumption saw a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Crude Rapeseed Oil Production in Latin America and the Caribbean

In value terms, crude rapeseed oil production shrank modestly to $X in 2021 estimated in export price. Over the period under review, production faced a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Crude Rapeseed Oil Exports

Exports in Latin America and the Caribbean

In 2021, the amount of crude rape, colza or mustard oil exported in Latin America and the Caribbean declined to X tons, waning by -X% compared with the previous year. In general, exports showed a noticeable descent. The most prominent rate of growth was recorded in 2019 with an increase of X%. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, crude rapeseed oil exports surged to $X in 2021. Overall, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Paraguay dominates exports structure, recording X tons, which was approx. X% of total exports in 2021. It was distantly followed by Uruguay (X tons) and Argentina (X tons), together comprising a X% share of total exports. Chile (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to crude rapeseed oil exports from Paraguay stood at +X%. At the same time, Uruguay (+X%) displayed positive paces of growth. Moreover, Uruguay emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +X% from 2012-2021. By contrast, Argentina (-X%) and Chile (-X%) illustrated a downward trend over the same period. While the share of Paraguay (+X p.p.) and Uruguay (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Chile (-X p.p.) and Argentina (-X p.p.) displayed negative dynamics.

In value terms, Paraguay ($X) remains the largest crude rapeseed oil supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Uruguay ($X), with a X% share of total exports. It was followed by Argentina, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Paraguay amounted to +X%. In the other countries, the average annual rates were as follows: Uruguay (-X% per year) and Argentina (-X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2021, increasing by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Chile ($X per ton), while Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+X%), while the other leaders experienced mixed trends in the export price figures.

Crude Rapeseed Oil Imports

Imports in Latin America and the Caribbean

Crude rapeseed oil imports fell notably to X tons in 2021, which is down by -X% against the previous year. Total imports indicated a modest expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2017 when imports increased by X%. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, crude rapeseed oil imports soared to $X in 2021. Total imports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Imports by Country

In 2021, Chile (X tons) was the main importer of crude rape, colza or mustard oil, mixing up X% of total imports. It was distantly followed by Colombia (X tons) and Brazil (X tons), together making up a X% share of total imports. The Dominican Republic (X tons) and Mexico (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to crude rapeseed oil imports into Chile stood at +X%. At the same time, Colombia (+X%), Brazil (+X%) and the Dominican Republic (+X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +X% from 2012-2021. By contrast, Mexico (-X%) illustrated a downward trend over the same period. While the share of Chile (+X p.p.), Colombia (+X p.p.) and Brazil (+X p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Mexico (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) constitutes the largest market for imported crude rape, colza or mustard oil in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Colombia ($X), with a X% share of total imports. It was followed by Brazil, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Chile stood at +X%. In the other countries, the average annual rates were as follows: Colombia (+X% per year) and Brazil (+X% per year).

Import Prices by Country

In 2021, the import price in Latin America and the Caribbean amounted to $X per ton, picking up by X% against the previous year. Import price indicated mild growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, crude rapeseed oil import price increased by +X% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Colombia ($X per ton) and Chile ($X per ton), while Mexico ($X per ton) and Brazil ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for crude rape, colza or mustard oil in LatAmerica and the Caribbean?
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Mexico constituted the country with the largest volume of crude rapeseed oil consumption, comprising approx. 68% of total volume. Moreover, crude rapeseed oil consumption in Mexico exceeded the figures recorded by the second-largest consumer, Chile, threefold. Brazil ranked third in terms of total consumption with a 4.2% share.
What are the largest producers of crude rape, colza or mustard oil in LatAmerica and the Caribbean?
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Mexico constituted the country with the largest volume of crude rapeseed oil production, accounting for 80% of total volume. Moreover, crude rapeseed oil production in Mexico exceeded the figures recorded by the second-largest producer, Chile, sevenfold. The third position in this ranking was taken by Paraguay, with a 3.2% share.
What are the leading exporters of crude rape, colza or mustard oil in LatAmerica and the Caribbean?
+
In value terms, Paraguay remains the largest crude rapeseed oil supplier in Latin America and the Caribbean, comprising 84% of total exports. The second position in the ranking was taken by Uruguay, with a 6.2% share of total exports. It was followed by Argentina, with a 5.5% share.
What are the leading importers of crude rape, colza or mustard oil in LatAmerica and the Caribbean?
+
In value terms, Chile constitutes the largest market for imported crude rape, colza or mustard oil in Latin America and the Caribbean, comprising 70% of total imports. The second position in the ranking was held by Colombia, with a 14% share of total imports. It was followed by Brazil, with a 10% share.
What is the average export price for crude rape, colza or mustard oil in LatAmerica and the Caribbean?
+
The export price in Latin America and the Caribbean stood at $1,103 per ton in 2021, surging by 38% against the previous year.
What is the average import price for crude rape, colza or mustard oil in LatAmerica and the Caribbean?
+
In 2021, the import price in Latin America and the Caribbean amounted to $1,466 per ton, increasing by 74% against the previous year.

This report provides an in-depth analysis of the crude rapeseed oil market in Latin America and the Caribbean. 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:
• FCL 271 - Oil of Rapeseed or Canola oil
Country coverage:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Curacao
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Saint Kitts and Nevis
• Saint Lucia
• Saint Maarten (Dutch part)
• Saint Vincent and the Grenadines
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2018–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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