Chile: Market for Acid And Mordant Dyes And Preparations Based Thereon 2024

Market Size for Acid And Mordant Dyes And Preparations Based Thereon in Chile

The Chilean acid and mordant dye market rose notably to $X in 2021, increasing by 5.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a pronounced contraction. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Exports of Acid And Mordant Dyes And Preparations Based Thereon

Exports from Chile

In 2021, overseas shipments of acid and mordant dyes and preparations based thereon increased by 24% to X tons, rising for the second year in a row after two years of decline. In general, exports saw a slight increase. The most prominent rate of growth was recorded in 2015 when exports increased by 179%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, acid and mordant dye exports surged to $X in 2021. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 108%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Colombia (X tons), Bolivia (X tons) and Paraguay (X tons) were the main destinations of acid and mordant dye exports from Chile, with a combined 88% share of total exports. Brazil lagged somewhat behind, comprising a further 11%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (with a CAGR of +1,776.0%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for acid and mordant dye exported from Chile were Bolivia ($X), Paraguay ($X) and Brazil ($X), with a combined 78% share of total exports.

Brazil, with a CAGR of +2,006.5%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average acid and mordant dye export price amounted to $X per ton, picking up by 5.2% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 108%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: among the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Colombia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+12.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Acid And Mordant Dyes And Preparations Based Thereon

Imports into Chile

In 2021, overseas purchases of acid and mordant dyes and preparations based thereon were finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, showed a pronounced downturn. The pace of growth was the most pronounced in 2018 when imports increased by 23% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, acid and mordant dye imports rose remarkably to $X in 2021. Overall, imports, however, showed a noticeable slump. The pace of growth appeared the most rapid in 2013 with an increase of 13%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

India (X tons), Spain (X tons) and the United States (X tons) were the main suppliers of acid and mordant dye imports to Chile, together comprising 60% of total imports.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +22.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest acid and mordant dye suppliers to Chile were Italy ($X), Spain ($X) and the United States ($X), together comprising 54% of total imports.

Among the main suppliers, Italy, with a CAGR of +20.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average acid and mordant dye import price stood at $X per ton in 2021, growing by 1.9% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 12% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, among the top importers, the country with the highest price was Thailand ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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