Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Chile - 2023
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Chile (CIF) - 2023
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Chile
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Chile (CIF) - 2023
The average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds stood at $1,325 per ton in December 2023, remaining relatively unchanged against the previous month. Over the period under review, the import price, however, saw a mild reduction. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 12% m-o-m. The import price peaked at $1,744 per ton in January 2023; however, from February 2023 to December 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Belgium.
From December 2022 to December 2023, the rate of growth in terms of prices for Belgium amounted to -1.7% per month.
Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Chile
In 2022, the amount of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds imported into Chile soared to 1.8K tons, jumping by 461% on the previous year's figure. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds surged to $3.1M in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 300 | 310 | 252 | 2,672 | 107.3% |
| Russia | N/A | N/A | 358 | 427 | 19.3% |
| Others | 0.3 | 0.3 | 2.0 | N/A | 158.2% |
| Total | 300 | 310 | 612 | 3,098 | 117.8% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Chile in 2022:
- Belgium (1558.0 tons)
- Russia (227.0 tons)
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