Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Chile - 2024
Contents:
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Chile (FOB) - 2022
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Chile (CIF) - 2024
- Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Chile
- Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Chile
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Chile (FOB) - 2022
In 2022, the average export price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $1,939 per ton, increasing by 35% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($2,913 per ton), while the average price for exports to Japan ($1,418 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 Belgium (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Chile (CIF) - 2024
In September 2023, the average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $4,228 per ton, surging by 18% against the previous month. Over the period from January 2023 to September 2023, it increased at an average monthly rate of +4.0%. As a result, import price attained 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 September 2023, the country with the highest price was Peru ($8,477 per ton), while the price for India ($3,271 per ton) was amongst the lowest.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Peru (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Chile
In 2022, overseas shipments of fats and oils and their fractions; of fish, (excluding liver-oils)s decreased by -16.6% to 102K tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 38% against the previous year. As a result, the exports reached the peak of 128K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s rose notably to $197M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 37%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 15.1 | 20.1 | 14.5 | 25.4 | 18.9% |
| Denmark | 8.5 | 22.6 | 13.3 | 23.4 | 40.2% |
| Belgium | 11.7 | 18.5 | 36.3 | 17.2 | 13.7% |
| China | 7.3 | 12.0 | 10.9 | 16.6 | 31.5% |
| Vietnam | 8.7 | 14.6 | 14.8 | 13.2 | 14.9% |
| United States | 5.8 | 6.9 | 8.7 | 11.6 | 26.0% |
| Ecuador | 3.2 | 3.4 | 4.4 | 11.1 | 51.4% |
| Indonesia | 8.4 | 6.1 | 7.7 | 9.4 | 3.8% |
| Japan | 13.2 | 15.1 | 15.3 | 9.3 | -11.0% |
| Greece | 1.1 | 3.2 | 8.1 | 8.8 | 100.0% |
| Mexico | 0.3 | 3.2 | 2.1 | 8.7 | 207.2% |
| Taiwan (Chinese) | 4.7 | 7.4 | 7.8 | 6.6 | 12.0% |
| Canada | 8.9 | 4.4 | 0.8 | 0.2 | -71.8% |
| Others | 26.9 | 31.6 | 30.3 | 35.9 | 10.1% |
| Total | 124 | 169 | 175 | 197 | 16.7% |
Top Export Markets for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) from Chile in 2022:
- Turkey (14.4K tons)
- China (10.8K tons)
- Denmark (9.2K tons)
- Vietnam (8.3K tons)
- Japan (6.6K tons)
- Ecuador (6.4K tons)
- United States (6.0K tons)
- Belgium (5.9K tons)
- Indonesia (5.5K tons)
- Mexico (4.7K tons)
- Greece (4.5K tons)
- Taiwan (Chinese) (3.8K tons)
- Canada (0.1K tons)
Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Chile
In 2022, the amount of fats and oils and their fractions; of fish, (excluding liver-oils)s imported into Chile rose significantly to 66K tons, surging by 15% compared with the previous year. Over the period under review, imports, however, showed a pronounced descent.
In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s soared to $176M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +18.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 22.1 | 29.9 | 33.9 | 56.0 | 36.3% |
| Japan | 21.7 | 30.3 | 7.7 | 33.4 | 15.5% |
| China | 14.0 | 17.9 | 7.8 | 26.8 | 24.2% |
| United States | 16.3 | 7.5 | 7.8 | 12.7 | -8.0% |
| Gambia | 9.6 | 10.6 | 6.6 | 12.0 | 7.7% |
| Morocco | 2.2 | 4.3 | 1.5 | 8.2 | 55.0% |
| Oman | 1.1 | 3.1 | 9.1 | 5.6 | 72.0% |
| Mexico | 4.9 | 4.6 | 11.8 | 3.8 | -8.1% |
| Senegal | 3.5 | 3.4 | 0.5 | 0.4 | -51.5% |
| Others | 11.5 | 28.0 | 10.2 | 17.5 | 15.0% |
| Total | 107 | 139 | 96.9 | 176 | 18.0% |
Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Chile in 2022:
- Peru (17.4K tons)
- Japan (12.4K tons)
- China (9.8K tons)
- Gambia (5.3K tons)
- United States (4.2K tons)
- Morocco (3.7K tons)
- Oman (2.9K tons)
- Mexico (2.0K tons)
- Senegal (0.2K tons)
482
This report provides an in-depth analysis of the market for fish fat and oil in Chile.
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This report provides an in-depth analysis of the global market for fish fat and oil.
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This report provides an in-depth analysis of the market for fish fat and oil in Chile.
738
This report provides an in-depth analysis of the global market for fish fat and oil.
581
Over the past decade, global production of fish fat and oil rose from 3.7M tons to 11.3M tons. In value terms, production expanded significantly from $6.5B to $16.7B estimated in export prices.
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Over the past decade, global production of fish fat and oil rose from 3.7M tons to 11.3M tons. In value terms, production expanded significantly from $6.5B to $16.7B estimated in export prices.
