Latin America and the Caribbean: Rapeseed Oilcake Market 2020

Rapeseed Oilcake Market Size in Latin America and the Caribbean

The revenue of the rapeseed oilcake market in Latin America and the Caribbean amounted to $X in 2017, falling by -X% against the previous year. The rapeseed oilcake consumption continues to indicate a prominent growth. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. Over the period under review, the rapeseed oilcake market attained its peak figure level of $X in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Rapeseed Oilcake Production in Latin America and the Caribbean

In 2017, production of rape or colza seed oilcake in Latin America and the Caribbean amounted to X tons, remaining constant against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. The pace of growth appeared the most rapid in 2008, when the output figure increased by X% y-o-y. The volume of rapeseed oilcake production peaked in 2017, and is likely to see steady growth in the immediate term.

Rapeseed Oilcake Exports in Latin America and the Caribbean

In 2017, rapeseed oilcake exports in Latin America and the Caribbean amounted to X tons, reducing by -X% against the previous year. The rapeseed oilcake exports continue to indicate a deep decrease. The pace of growth was the most pronounced in 2010, when exports increased by X% y-o-y. In that year, the rapeseed oilcake exports attained their peak volume of X tons. From 2011 to 2017, growth of the rapeseed oilcake exports stood at a somewhat lower level.

In value terms, rapeseed oilcake exports amounted to $X in 2017. The rapeseed oilcake exports continue to indicate a drastic descent. Over the period under review, the rapeseed oilcake exports attained its peak figure level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Rapeseed Oilcake Exports by Country in Latin America and the Caribbean

Paraguay represented the main exporting country with an export of about X tons, which accounted for X% of total exports. Argentina (X tons) took the second position in the ranking, followed by Uruguay (X tons), Chile (X tons), Costa Rica (X tons) and Brazil (X tons). All these countries together occupied near X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to rapeseed oilcake exports from Paraguay stood at -X%. At the same time, Chile (+X%) and Costa Rica (+X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Uruguay (-X%), Argentina (-X%) and Brazil (-X%) illustrated a downward trend over the same period. While the share of Paraguay (X%), Brazil (X%), Argentina (X%) and Uruguay (X%) increased significantly in terms of the global exports from 2007-2017, the share of Costa Rica (-X%) and Chile (-X%) displayed negative dynamics.

In value terms, Paraguay ($X) remains the largest rapeseed oilcake supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Costa Rica ($X), with a X% share of global exports. It was followed by Argentina, with a X% share.

In Paraguay, rapeseed oilcake exports shrank by an average annual rate of -X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Costa Rica (+X% per year) and Argentina (-X% per year).

Rapeseed Oilcake Export Prices by Country in Latin America and the Caribbean

In 2017, the rapeseed oilcake export price in Latin America and the Caribbean amounted to $X per ton, approximately mirroring the previous year. The rapeseed oilcake export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. Over the period under review, the export prices for rape or colza seed oilcake attained its maximum level of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Costa Rica ($X per ton), while Chile ($X per ton) was amongst the lowest.

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

Rapeseed Oilcake Imports in Latin America and the Caribbean

In 2017, approx. X tons of rape or colza seed oilcake were imported in Latin America and the Caribbean; lowering by -X% against the previous year. The rapeseed oilcake imports continue to indicate a deep deduction. The pace of growth was the most pronounced in 2009, when it surged by X% year-to-year. In that year, the rapeseed oilcake imports attained their peak volume of X tons. From 2010 to 2017, growth of the rapeseed oilcake imports failed to regain its momentum.

In value terms, rapeseed oilcake imports amounted to $X in 2017. The rapeseed oilcake imports continue to indicate a perceptible decrease. Over the period under review, the rapeseed oilcake imports attained its maximum level of $X in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Rapeseed Oilcake Imports by Country in Latin America and the Caribbean

Mexico was the key importer of rape or colza seed oilcake in Latin America and the Caribbean, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2017. It was distantly followed by Colombia (X tons), Chile (X tons) and Brazil (X tons), together making up X% share of total imports. Uruguay (X tons) and Nicaragua (X tons) held the minor share of total imports.

Imports into Mexico decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Colombia (+X%), Nicaragua (+X%) and Brazil (+X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Uruguay (-X%) and Chile (-X%) illustrated a downward trend over the same period. Chile (X%), Mexico (X%) and Uruguay (X%) significantly strengthened its position in terms of the global imports, while Brazil and Colombia saw its share reduced by -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported rape or colza seed oilcake in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global imports. It was followed by Colombia, with a X% share.

In Mexico, rapeseed oilcake imports contracted by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Brazil (+X% per year) and Colombia (+X% per year).

Rapeseed Oilcake Import Prices by Country in Latin America and the Caribbean

In 2017, the rapeseed oilcake import price in Latin America and the Caribbean amounted to $X per ton, picking up by X% against the previous year. The import price indicated a noticeable expansion 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 rapeseed oilcake import price decreased by -X% against 2013 indices. The growth pace was the most rapid in 2008, when the import prices increased by X% y-o-y. Over the period under review, the import prices for rape or colza seed oilcake attained its peak figure level of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Brazil ($X per ton), while Colombia ($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 Nicaragua (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform