Market research

Rapeseed, colza or mustard oil and fractions market in Chile

$Rapeseed, colza or mustard oil and fractions market in Chile$

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The Chilean market for rapeseed, colza or mustard oil contracted significantly from 211.3 thousand tons in 2018 to 144.3 thousand tons in 2022. This decline was driven by a sharp drop in domestic production, which fell from 84.0 thousand tons to 46.3 thousand tons, as rapeseed cultivation became less competitive for farmers. External shocks, including the COVID-19 pandemic, disrupted supply chains and raised global demand, while the Russia-Ukraine war triggered a steep surge in import prices, further reducing consumption volumes.

A modest recovery to 150.3 thousand tons occurred in 2023 amid still-elevated prices but slightly improved supply conditions. Throughout the period, the local company Agrotop attempted to support production by offering fixed-price contracts linked to import reference values. Regulatory developments, such as the initiation of the Lubricant Oil Targets Decree process in May 2019, aimed at promoting a circular economy, though its direct impact on edible oil market volume was limited.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Chile
  1. 5.1.1. Annual dynamics of production in Chile in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Chile in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's exports from Chile in kind, 2018-2025, K t
    2. 6.1.2.2. Dynamics of product's exports in kind from Chile by countries, 2018-2025, K t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.1.3. Exports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Chile in value, 2018-2025, M $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Chile by countries, 2018-2025, M $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Chile, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Chile by countries, 2018-2025, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's exports from Chile in kind, 2018-2025, K t
    2. 6.2.2.2. Dynamics of product's exports in kind from Chile by countries, 2018-2025, K t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.2.3. Exports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Chile in value, 2018-2025, M $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Chile by countries, 2018-2025, M $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Chile, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Chile by countries, 2018-2025, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's imports to Chile in kind, 2018-2025, K t
    2. 7.1.2.2. Dynamics of product's imports in kind to Chile by countries, 2018-2025, K t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.1.3. Imports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Chile in value, 2018-2025, M $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Chile by countries, 2018-2025, M $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Chile, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Chile by countries, 2018-2025, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's imports to Chile in kind, 2018-2025, K t
    2. 7.2.2.2. Dynamics of product's imports in kind to Chile by countries, 2018-2025, K t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.2.3. Imports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Chile in value, 2018-2025, M $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Chile by countries, 2018-2025, M $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Chile, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Chile by countries, 2018-2025, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production rapeseed, colza or mustard oil and fractions in Chile

In kind, 2018-2021, t

Chile was among the world's leading producers of rapeseed, colza, or mustard oil and fractions from 2018 to 2021, ranking 28th globally by production volume.

Top producers of rapeseed, colza or mustard oil and fractions, 2018-2021

Source: SHEV.io

World map of production of rapeseed, colza or mustard oil and fractions, 2018-2021

Source: SHEV.io

Chile's production of rapeseed, colza, or mustard oil and fractions declined for the third consecutive year. In 2021, Chile produced 64 400 tonnes, marking a limited decrease of 7.6% compared to the previous year. Over the 2018-2021 period, production fell by 23.3%, with an annualized decline rate of 8.5%.

Annual dynamics of production in Chile in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(14.6%)	(2.8%)	(7.6%)	(8.5%)

Source: SHEV.io

Exports rapeseed, colza or mustard oil and fractions from Chile

Exports in kind, K t

The export market for rapeseed, colza, or mustard oil and fractions showed an unstable trend throughout the period. The lowest volume occurred in 2018, while the highest was recorded in 2020, with a peak-to-trough ratio of 3.7 times. In 2021, Chile exported 1.2 thousand tonnes, representing a dramatic decrease of 54.9% from the previous year. The maximum value of 2.8 thousand tonnes was reached in 2020, which also saw the largest increase of 148.0%.

Annual dynamics of product's exports from Chile in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	48.7%	148.0%	(54.9%)	18.5%

Source: SHEV.io

From 2018 to 2021, two leading markets—Argentina and Brazil—together accounted for 91.4% of Chile's total exports in kind, with the remaining volume distributed across a wide range of other countries.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Chile in kind, 2018-2021

Source: SHEV.io

Exports in value, M $ US

The export market in value terms exhibited an unstable trend throughout the timeframe. The lowest point was in 2018, rising to a peak in 2020—a swing of 2.7 times. In 2021, deliveries of rapeseed, colza, or mustard oil and fractions from Chile stood at 2.0 million US dollars, amounting to a sudden reduction of 39.9% compared to 2020. The maximum value of 3.2 million US dollars was recorded in 2020, which also saw the largest increase of 103.6%.

Annual dynamics of product's exports from Chile in value, 2018-2021, M $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	32.5%	103.6%	(39.9%)	17.5%

Source: SHEV.io

Over the 2018-2021 period, Argentina and Brazil were the dominant buyers of rapeseed, colza, or mustard oil and fractions from Chile, together taking 90.7% of total exports in value terms, while other destinations each accounted for relatively small shares.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Chile in value, 2018-2021

Source: SHEV.io

Imports rapeseed, colza or mustard oil and fractions to Chile

Imports in kind, K t

In 2021, foreign supplies of rapeseed, colza, or mustard oil and fractions to Chile totalled 97.7 thousand tonnes, reflecting a strong decrease of 25.0% compared to 2020. Between 2018 and 2021, imports decreased by 23.7%, equating to an annualized rate of 8.6%. The maximum value of 130.2 thousand tonnes was recorded in 2020, which also saw the largest increase of 15.5%.

Annual dynamics of product's imports to Chile in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(12.0%)	15.5%	(25.0%)	(8.6%)

Source: SHEV.io

From 2018 to 2021, Canada was by far the main source for imports in kind of rapeseed, colza, or mustard oil and fractions to Chile, accounting for 95.2% of total flows.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Chile in kind, 2018-2021

Source: SHEV.io

Imports in value, M $ US

Cross-border shipments of rapeseed, colza, or mustard oil and fractions to Chile increased for the second consecutive year. In 2021, Chile imported 148.4 million US dollars worth, up by 39.0% over the past year. Between 2018 and 2021, imports grew by 35.5%, equating to an annualized rate of 10.7%. The minimum value of 88.0 million US dollars was recorded in 2019, which also saw the largest decline of 19.7%.

Annual dynamics of product's imports to Chile in value, 2018-2021, M $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(19.7%)	21.3%	39.0%	10.7%

Source: SHEV.io

From 2018 to 2021, imports in value terms of rapeseed, colza, or mustard oil and fractions to Chile were almost entirely concentrated in Canada, whose share reached 93.1%.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Chile in value, 2018-2021

Source: SHEV.io