Report Update Nov 1, 2024

Chile - Biodiesel - Market Analysis, Forecast, Size, Trends and Insights

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Chile: Biodiesel Market 2024

Biodiesel Market Size in Chile

The Chilean biodiesel market reduced dramatically to $X in 2021, which is down by -25.9% against the previous year. Overall, consumption, however, saw a mild expansion. As a result, consumption reached the peak level of $X, and then contracted notably in the following year.

Biodiesel Production in Chile

In value terms, biodiesel production reduced to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 4.7%. Biodiesel production peaked at $X in 2020, and then reduced in the following year.

Biodiesel Exports

Exports from Chile

Biodiesel exports from Chile surged to X tons in 2021, picking up by 71% on the previous year. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by 108% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, biodiesel exports declined modestly to $X in 2021. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by 84% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons) was the main destination for biodiesel exports from Chile, accounting for a approx. 99% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the UK stood at +7.5%.

In value terms, the UK ($X) also remains the key foreign market for biodiesel exports from Chile.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK amounted to +10.9%.

Export Prices by Country

The average biodiesel export price stood at $X per ton in 2021, with a decrease of -43.2% against the previous year. In general, the export price, however, recorded a slight increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 118% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell markedly in the following year.

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

From 2012 to 2021, the rate of growth in terms of prices for the UK amounted to +3.2% per year.

Biodiesel Imports

Imports into Chile

In 2021, after two years of growth, there was significant decline in supplies from abroad of biodiesel, when their volume decreased by -56.9% to X tons. In general, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2013 when imports increased by 195%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, biodiesel imports contracted significantly to $X in 2021. Over the period under review, imports faced a deep setback. The pace of growth was the most pronounced in 2013 with an increase of 219%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest supplier of biodiesel to Chile, accounting for a 58% share of total imports. Moreover, biodiesel imports from France exceeded the figures recorded by the second-largest supplier, Belgium (X kg), fourfold. Norway (X kg) ranked third in terms of total imports with a 6.8% share.

From 2012 to 2021, the average annual growth rate of volume from France stood at -20.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-23.9% per year) and Norway (-15.9% per year).

In value terms, France ($X) constituted the largest supplier of biodiesel to Chile, comprising 37% of total imports. The second position in the ranking was held by Belgium ($X), with a 19% share of total imports. It was followed by Norway, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from France amounted to -16.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-12.7% per year) and Norway (+7.7% per year).

Import Prices by Country

The average biodiesel import price stood at $X per ton in 2021, with an increase of 80% against the previous year. Over the period under review, the import price enjoyed a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+57.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for biodiesel in the world?

The countries with the highest volumes of biodiesel consumption in 2020 were Indonesia, the U.S. and Brazil, with a combined 44% share of global consumption. These countries were followed by France, Germany, Italy, Thailand, Spain, the UK, Argentina, the Netherlands, Malaysia and Poland, which together accounted for a further 38%.

What are the largest producers of biodiesel in the world?

The countries with the highest volumes of biodiesel production in 2020 were Indonesia, the U.S. and Brazil, together comprising 43% of global production. Germany, France, Spain, the Netherlands, Thailand, Argentina, Malaysia, Italy, China and Poland lagged somewhat behind, together comprising a further 40%.

What are the leading suppliers of biodiesel to Chile?

In value terms, the U.S. constituted the largest supplier of biodiesel to Chile, comprising 60% of total imports. The second position in the ranking was occupied by Belgium, with a 26% share of total imports.

What are the leading importers of biodiesel from Chile?

In value terms, the UK remains the key foreign market for biodiesel exports from Chile.

What is the average export price for biodiesel in Chile?

In 2020, the average biodiesel export price amounted to $609 per ton, remaining constant against the previous year.

What is the average import price for biodiesel in Chile?

The average biodiesel import price stood at $3,969 per ton in 2020, growing by 57% against the previous year.

This report provides an in-depth analysis of the biodiesel market 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 20595997 - Biofuels (diesel substitute)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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