Chile: Market for Rape Or Colza Seed 2025

Market Size for Rape Or Colza Seed in Chile

The Chilean rape and colza seed market reduced modestly to $X in 2022, falling by -2.1% against the previous year. Overall, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +2.5% against 2020 indices. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Production of Rape Or Colza Seed in Chile

In value terms, rape and colza seed production dropped slightly to $X in 2022 estimated in export price. Overall, the total production indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +2.4% against 2020 indices. The pace of growth was the most pronounced in 2015 with an increase of 71% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

In 2022, the average rape and colza seed yield in Chile rose slightly to X tons per ha, growing by 2.9% against the previous year's figure. The yield figure increased at an average annual rate of +1.3% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the yield increased by 12%. As a result, the yield reached the peak level of X tons per ha. From 2016 to 2022, the growth of the average rape and colza seed yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The rape and colza seed harvested area in Chile rose to X ha in 2022, surging by 1.7% on 2021. In general, the total harvested area indicated a mild expansion from 2012 to 2022: its figure increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rape and colza seed harvested area decreased by -34.0% against 2018 indices. The most prominent rate of growth was recorded in 2015 with an increase of 32% against the previous year. The rape and colza seed harvested area peaked at X ha in 2018; however, from 2019 to 2022, the harvested area failed to regain momentum.

Exports of Rape Or Colza Seed

Exports from Chile

In 2022, after three years of decline, there was significant growth in shipments abroad of rape or colza seed, when their volume increased by 66% to X tons. Overall, exports, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2016 when exports increased by 89% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, rape and colza seed exports soared to $X in 2022. In general, exports enjoyed a modest increase. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X tons) was the main destination for rape and colza seed exports from Chile, with a 90% share of total exports. Moreover, rape and colza seed exports to Canada exceeded the volume sent to the second major destination, Australia (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada totaled -1.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+13.4% per year) and the United States (-17.5% per year).

In value terms, Canada ($X) remains the key foreign market for rape or colza seed exports from Chile, comprising 91% of total exports. The second position in the ranking was taken by Australia ($X), with a 4.9% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Canada amounted to +2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+12.0% per year) and the United States (-10.2% per year).

Export Prices by Country

In 2022, the average rape and colza seed export price amounted to $X per ton, rising by 15% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. The most prominent rate of growth was recorded in 2015 an increase of 16%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Rape Or Colza Seed

Imports into Chile

For the third year in a row, Chile recorded growth in purchases abroad of rape or colza seed, which increased by 24% to X tons in 2022. Over the period under review, imports posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 857% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, rape and colza seed imports shrank notably to $X in 2022. In general, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 876%. Imports peaked at $X in 2021, and then contracted rapidly in the following year.

Imports by Country

In 2022, Uruguay (X tons) constituted the largest supplier of rape and colza seed to Chile, with a 56% share of total imports. Moreover, rape and colza seed imports from Uruguay exceeded the figures recorded by the second-largest supplier, Argentina (X tons), threefold. The third position in this ranking was held by Germany (X tons), with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Uruguay totaled +9,090,809.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+62.3% per year) and Germany (+40.0% per year).

In value terms, the largest rape and colza seed suppliers to Chile were Uruguay ($X), Germany ($X) and Canada ($X), together comprising 81% of total imports.

Uruguay, with a CAGR of +6,269,950.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average rape and colza seed import price amounted to $X per ton, which is down by -72.2% against the previous year. In general, the import price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2019 when the average import price increased by 22%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+6.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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