Chile: Market for Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters 2025

Market Size for Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters in Chile

The Chilean market for oleic, linoleic or linolenic acids, their salts and esters reduced to $X in 2021, declining by -12.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a slight decrease. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Exports of Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters

Exports from Chile

In 2016, after two years of growth, there was significant decline in shipments abroad of oleic, linoleic or linolenic acids, their salts and esters, when their volume decreased by -88.9% to X kg. Overall, exports showed a deep setback. The pace of growth appeared the most rapid in 2015 with an increase of 650%. As a result, the exports reached the peak of X kg, and then fell remarkably in the following year.

In value terms, oleic, linoleic or linolenic acids exports dropped markedly to $X in 2016. In general, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of 91%. As a result, the exports attained the peak of $X, and then plummeted in the following year.

Exports by Country

Peru (X kg) was the main destination for oleic, linoleic or linolenic acids exports from Chile, with a approx. 100% share of total exports.

From 2014 to 2016, the average annual growth rate of volume to Peru totaled -8.7%.

In value terms, Peru ($X) emerged as the key foreign market for oleic, linoleic or linolenic acids, their salts and esters exports from Chile.

From 2014 to 2016, the average annual growth rate of value to Peru totaled -13.5%.

Export Prices by Country

The average export price for oleic, linoleic or linolenic acids, their salts and esters stood at $X per ton in 2016, jumping by 253% against the previous year. Overall, the export price, however, recorded a abrupt shrinkage. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2016, the export prices failed to regain momentum.

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

From 2014 to 2016, the rate of growth in terms of prices for Peru amounted to -5.3% per year.

Imports of Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters

Imports into Chile

For the fourth consecutive year, Chile recorded decline in supplies from abroad of oleic, linoleic or linolenic acids, their salts and esters, which decreased by -27.7% to X tons in 2021. In general, imports recorded a deep downturn. The pace of growth was the most pronounced in 2013 with an increase of 145%. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, oleic, linoleic or linolenic acids imports reduced to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 291% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Argentina (X tons), Malaysia (X tons) and India (X tons) were the main suppliers of oleic, linoleic or linolenic acids imports to Chile, together comprising 62% of total imports. Peru, the United States, Italy, Brazil and Spain lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of +34.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest oleic, linoleic or linolenic acids suppliers to Chile were Argentina ($X), Malaysia ($X) and India ($X), together accounting for 33% of total imports. Peru, the United States, Brazil, Italy and Spain lagged somewhat behind, together accounting for a further 21%.

Among the main suppliers, Brazil, with a CAGR of +36.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for oleic, linoleic or linolenic acids, their salts and esters amounted to $X per ton, growing by 33% against the previous year. Over the period under review, the import price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 59% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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 ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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