Market research

Soybean oilcake market in Chile

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:

Report language:

Submission method: to your account

File format: docx, xlsx

Single Report

$500

Instant access to detailed data on one specific market
Ideal for one-off tasks: niche assessments, presentations, investment decisions
Available in Excel and Word in 15 minutes after purchase
Cheaper than subscription, but each market requires a separate purchase

Best if you know exactly what you need

Buy a single report

Platform Subscription

from$600

Complete and unlimited data access across products and regions
Includes continuous data updates during subscription period
Download reports instantly in Word, and Excel formats
More cost-effective for multiple markets or regular analysis

Ideal for regular data users

View pricing plans

Earlier Report Observations

The soybean oilcake market in Chile expanded from 916,000 tons in 2018 to over 1.1 million tons in 2022. This growth was underpinned by consistent imports from Argentina, Bolivia, and Brazil, which met rising demand from the animal feed sector. Furthermore, trends in the food industry toward healthier and diet-specific products, including light pastries and plant-based innovations, increased the use of soybean oilcake as a key ingredient.

Regulatory developments, such as the phased implementation of Law 20.606 on food composition and advertising, introduced mandatory warning labels for products containing soy. This affected product presentation and marketing. Despite reported increases in production costs within the soybean supply chain in 2022, import volumes continued to climb, reaching 1,075,000 tons that year.

In 2023, the market volume contracted to 992,000 tons. This decline followed reported transportation blockades and logistical disruptions affecting shipments from key supplier countries, which caused temporary shortages and prompted importers to seek alternative supply routes and new providers.

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. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's imports to Chile in kind, 2018-2025, K t
    2. 6.1.2.2. Dynamics of product's imports in kind to Chile by countries, 2018-2025, K t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Chile in value, 2018-2025, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Chile by countries, 2018-2025, M $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Chile, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Chile by countries, 2018-2025, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's imports to Chile in kind, 2018-2025, K t
    2. 6.2.2.2. Dynamics of product's imports in kind to Chile by countries, 2018-2025, K t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Chile in value, 2018-2025, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Chile by countries, 2018-2025, M $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Chile, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Chile by countries, 2018-2025, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's exports from Chile in kind, 2018-2025, K t
    2. 7.1.2.2. Dynamics of product's exports in kind from Chile by countries, 2018-2025, K t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Chile in value, 2018-2025, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Chile by countries, 2018-2025, M $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Chile, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Chile by countries, 2018-2025, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's exports from Chile in kind, 2018-2025, K t
    2. 7.2.2.2. Dynamics of product's exports in kind from Chile by countries, 2018-2025, K t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Chile in value, 2018-2025, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Chile by countries, 2018-2025, M $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Chile, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from 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 soybean oilcake in Chile

In kind, 2018-2021, t

Top producers of soybean oilcake, 2018-2021

Source: SHEV.io

World map of production of soybean oilcake, 2018-2021

Source: SHEV.io

Chile's soybean oilcake production has increased for the second consecutive year. In 2021, the country produced 70 400 tonnes of soybean oilcake, marking a 4.8% rise compared to the previous year. Over the period from 2018 to 2021, production decreased by 26.7%, with a compound annual growth rate of -9.8%. The lowest production level was recorded in 2019 at 60 800 tonnes, which also saw the largest decline of 36.7%. In contrast, the largest increase occurred in 2020 with a 10.5% growth.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(36.7%)	10.5%	4.8%	(9.8%)

Source: SHEV.io

Exports soybean oilcake from Chile

Exports in kind, K t

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

From 2018 to 2021, Chile's soybean oilcake exports were almost exclusively shipped to Bolivia, which accounted for 100.0% of total exports in kind.

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

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

Between 2018 and 2021, Bolivia dominated Chile's soybean oilcake exports in value terms, representing 100.0% of total export flows.

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 soybean oilcake to Chile

Imports in kind, K t

Chile's soybean oilcake imports have risen for the third consecutive year. In 2021, imports reached 1 029 thousand tonnes, showing a moderate increase of 6.7% compared to the previous year. Over the period from 2018 to 2021, imports grew by 25.4%, equivalent to an annualized rate of 7.8%.

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%	4.9%	6.7%	7.8%

Source: SHEV.io

From 2018 to 2021, Paraguay and Argentina were the primary sources for Chile's soybean oilcake imports in kind, together accounting for 81.8% of total flows, while other countries made up the remaining share.

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

Chile's soybean oilcake import value has increased for the second consecutive year. In 2021, imports totaled 474.9 million US dollars, reflecting a significant rise of 32.8% versus the previous year. Between 2018 and 2021, import value grew by 37.8%, with an annualized rate of 11.3%. The lowest value was recorded in 2019 at 327.1 million US dollars, which also saw the largest decline of 5.0%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(5.0%)	9.3%	32.8%	11.3%

Source: SHEV.io

Between 2018 and 2021, Paraguay and Argentina dominated Chile's soybean oilcake imports in value terms, jointly accounting for 82.7% of total flows, with other destinations contributing smaller individual shares.

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