Chile: Palm Fruit Oil Market 2020

Palm Fruit Oil Market Size in Chile

The revenue of the palm fruit oil market in Chile amounted to $X in 2017, increasing by X% against the previous year. In general, palm fruit oil consumption continues to indicate a strong increase. The growth pace was the most rapid in 2014, when it surged by X% y-o-y. Chile palm fruit oil consumption peaked in 2017, and is likely to see steady growth in the near future.

Palm Fruit Oil Production in Chile

In 2017, approx. X kg of palm fruit oil were produced in Chile; therefore, remained relatively stable against the previous year. Overall, palm fruit oil production continues to indicate a relatively flat trend pattern.

Palm Fruit Oil Exports from Chile

In 2017, the amount of palm fruit oil exported from Chile stood at X tons, lowering by -X% against the previous year. In general, palm fruit oil exports continue to indicate an abrupt descent. The growth pace was the most rapid in 2012, when exports increased by X% year-to-year. In that year, the palm fruit oil exports attained their peak volume of X tons. From 2013 to 2017, growth of the palm fruit oil exports failed to regain its momentum.

In value terms, palm fruit oil exports amounted to $X in 2017. Overall, palm fruit oil exports continue to indicate a slight expansion. In that year, the palm fruit oil exports reached their peak level of $X. From 2013 to 2017, growth of the palm fruit oil exports failed to regain its momentum.

Palm Fruit Oil Exports by Country from Chile

In 2017, Indonesia (X tons) was the key exporter for palm fruit oil, constituting X% of total exports. It was distantly followed by Malaysia (X tons), creating X% share of total exports. The following exporters - the Netherlands (X tons), Papua New Guinea (X tons) and Guatemala (X tons) together made up X% of total exports.

From 2007 to 2017, average annual rates of growth with regard to palm fruit oil exports from Indonesia stood at +X%. At the same time, Guatemala (+X%) and Papua New Guinea (+X%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. The Netherlands experienced a relatively flat trend pattern. By contrast, Malaysia (-X%) illustrated a downward trend over the same period. Malaysia (X%) significantly strengthened its position in terms of the global exports, while Indonesia saw its share reduced by -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X), Malaysia ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of exports in 2017, with a combined X% share of total exports. These countries were followed by Papua New Guinea, Guatemala and Chile, which together accounted for a further X%.

Guatemala (+X% per year) experienced the highest rates of growth with regard to exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Palm Fruit Oil Export Prices by Country in Chile

In 2017, the palm fruit oil export price in Chile amounted to $X per ton, going up by X% against the previous year. Overall, the export price indicated a remarkable growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the palm fruit oil export price increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2012, when the export prices increased by X% against the previous year. Chile export price peaked in 2017, and is expected to retain its growth in the near future.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Malaysia ($X per ton) and the Netherlands ($X per ton), while Guatemala ($X per ton) and Papua New Guinea ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Malaysia (+X% per year), while the other leaders experienced more modest paces of growth.

Palm Fruit Oil Imports into Chile

In 2017, approx. X tons of palm fruit oil were imported into Chile; coming up by X% against the previous year. In general, palm fruit oil imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2017, when it surged by X% against the previous year. In that year, the palm fruit oil imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, palm fruit oil imports amounted to $X in 2017. Overall, palm fruit oil imports continue to indicate a prominent growth. In that year, the palm fruit oil imports attained their peak level, and are likely to continue its growth in the immediate term.

Palm Fruit Oil Imports by Country into Chile

In 2017, India (X tons), distantly followed by China (X tons), Pakistan (X tons) and the Netherlands (X tons) represented the key importers of palm fruit oil, together making up X% of total imports. The following importers - Spain (X tons), Italy (X tons), Ghana (X tons), the U.S. (X tons), Bangladesh (X tons), Germany (X tons), Russia (X tons) and Myanmar (X tons) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Ghana (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest palm fruit oil markets worldwide were India ($X), China ($X) and Pakistan ($X), with a combined X% share of total imports. The Netherlands, Spain, Italy, the U.S., Bangladesh, Germany, Russia, Myanmar, Ghana and Chile lagged somewhat behind, together accounting for a further X%.

Ghana (+X% per year) recorded the highest rates of growth with regard to imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Palm Fruit Oil Import Prices by Country in Chile

In 2017, the palm fruit oil import price in Chile amounted to $X per ton, remaining constant against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008, when the import prices increased by X% against the previous year. Over the period under review, the import prices for palm fruit oil attained its peak figure level in 2017, and is expected to retain its growth in the immediate term.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Germany ($X per ton), while Ghana ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform