Report Update Nov 1, 2024

Chile - Acrylonitrile - Market Analysis, Forecast, Size, Trends and Insights

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Chile: Acrylonitrile Market 2024

Acrylonitrile Market Size in Chile

For the fourth year in a row, the Chilean acrylonitrile market recorded decline in sales value, which decreased by -55.3% to $X in 2021. In general, consumption recorded a perceptible curtailment. Acrylonitrile consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Acrylonitrile Exports

Exports from Chile

After two years of decline, shipments abroad of acrylonitrile decreased by 0% to X kg in 2018. Overall, exports showed a significant expansion. The smallest decline of 99.9% was in 2016. Over the period under review, the exports attained the peak figure in 2018 and are expected to retain growth in the immediate term.

In value terms, acrylonitrile exports amounted to $X in 2018. In general, exports showed a significant expansion. The smallest decline of 99.9% was in 2016. Over the period under review, the exports reached the maximum in 2018 and are expected to retain growth in the immediate term.

Exports by Country

Argentina (X kg) was the main destination for acrylonitrile exports from Chile, accounting for a approx. 99% share of total exports.

From 2015 to 2018, the average annual growth rate of volume to Argentina was relatively modest.

From 2015 to 2018, the average annual growth rate of value to Argentina was relatively modest.

Export Prices by Country

In 2018, the average acrylonitrile export price amounted to $X per ton, standing approx. at the previous year. In general, the export price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2016 a decrease of 99.9% against the previous year. The export price peaked in 2018 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Argentina.

From 2015 to 2018, the rate of growth in terms of prices for Argentina amounted to 0.0% per year.

Acrylonitrile Imports

Imports into Chile

In 2021, the amount of acrylonitrile imported into Chile contracted markedly to X tons, declining by -59.6% compared with the previous year. Over the period under review, imports showed a perceptible setback. The most prominent rate of growth was recorded in 2014 when imports increased by 114% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, acrylonitrile imports fell dramatically to $X in 2021. In general, imports saw a pronounced slump. The growth pace was the most rapid in 2014 with an increase of 122%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Taiwan (Chinese) (X tons) constituted the largest acrylonitrile supplier to Chile, with a 39% share of total imports. Moreover, acrylonitrile imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was taken by Belgium (X tons), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Taiwan (Chinese) amounted to -2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-10.6% per year) and Belgium (-10.5% per year).

In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of acrylonitrile to Chile, comprising 49% of total imports. The second position in the ranking was taken by Germany ($X), with a 21% share of total imports. It was followed by Brazil, with an 18% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Taiwan (Chinese) amounted to -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-9.4% per year) and Brazil (+3.0% per year).

Import Prices by Country

In 2021, the average acrylonitrile import price amounted to $X per ton, jumping by 18% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 28% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for acrylonitrile in the world?

The countries with the highest volumes of acrylonitrile consumption in 2020 were the United States, Turkey and the UK, with a combined 39% share of global consumption. These countries were followed by China, the Netherlands, Japan, Malaysia, India, Taiwan Chinese), France, Mexico, the United Arab Emirates and Belgium, which together accounted for a further 50%.

What are the largest producers of acrylonitrile in the world?

The United States constituted the country with the largest volume of acrylonitrile production, comprising approx. 43% of total volume. Moreover, acrylonitrile production in the United States exceeded the figures recorded by the second-largest producer, Japan, fourfold. The UK ranked third in terms of total production with a 10% share.

What are the leading suppliers of acrylonitrile to Chile?

In value terms, the largest acrylonitrile suppliers to Chile were Taiwan Chinese), Germany and Brazil.

What is the average export price for acrylonitrile in Chile?

The average acrylonitrile export price stood at $4,788 per ton in 2018, approximately equating the previous year.

What is the average import price for acrylonitrile in Chile?

In 2020, the average acrylonitrile import price amounted to $2,061 per ton, picking up by 23% against the previous year.

This report provides an in-depth analysis of the acrylonitrile market in Chile. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20144350 - Acrylonitrile

Country coverage:

Chile

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Chile
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023