Report Update Nov 1, 2024

Chile - Adipic Acid, Its Salts and Esters - Market Analysis, Forecast, Size, Trends and Insights

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Chile: Adipic Acid Market 2024

Adipic Acid Market Size in Chile

The Chilean adipic acid market surged to $X in 2022, picking up by 105% 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, continues to indicate a relatively flat trend pattern. Adipic acid consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Adipic Acid Exports

Exports from Chile

In 2022, shipments abroad of adipic acid, its salts and esters decreased by -17.9% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 253% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, adipic acid exports rose notably to $X in 2022. In general, exports recorded a drastic downturn. The pace of growth was the most pronounced in 2014 with an increase of 327%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil (X tons) was the main destination for adipic acid exports from Chile, with a 79% share of total exports. Moreover, adipic acid exports to Brazil exceeded the volume sent to the second major destination, Argentina (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Brazil amounted to -14.1%.

In value terms, Brazil ($X) remains the key foreign market for adipic acid, its salts and esters exports from Chile, comprising 85% of total exports. The second position in the ranking was taken by Argentina ($X), with a 15% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Brazil amounted to -16.3%.

Export Prices by Country

The average adipic acid export price stood at $X per ton in 2022, surging by 30% against the previous year. In general, the export price, however, recorded a perceptible curtailment. The pace of growth was the most pronounced in 2021 when the average export price increased by 36% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Argentina stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (-2.5%).

Adipic Acid Imports

Imports into Chile

In 2022, approx. X tons of adipic acid, its salts and esters were imported into Chile; rising by 65% against the previous year's figure. Overall, imports, however, showed a perceptible decrease. The pace of growth was the most pronounced in 2020 when imports increased by 113% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, adipic acid imports soared to $X in 2022. Over the period under review, imports, however, showed a perceptible shrinkage. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) was the main supplier of adipic acid to Chile, with a 94% share of total imports. Moreover, adipic acid imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +21.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.6% per year) and the United States (-45.0% per year).

In value terms, China ($X) constituted the largest supplier of adipic acid, its salts and esters to Chile, comprising 94% of total imports. The second position in the ranking was taken by Germany ($X), with a 2.3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +25.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-9.2% per year) and the United States (-39.4% per year).

Import Prices by Country

The average adipic acid import price stood at $X per ton in 2022, with an increase of 20% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 51%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for adipic acid, its salts and esters in the world?

The country with the largest volume of adipic acid consumption was China, comprising approx. 23% of total volume. Moreover, adipic acid consumption in China exceeded the figures recorded by the second-largest consumer, the U.S., twofold. The third position in this ranking was occupied by India, with a 9.4% share.

What are the largest producers of adipic acid, its salts and esters in the world?

The country with the largest volume of adipic acid production was China, accounting for 28% of total volume. Moreover, adipic acid production in China exceeded the figures recorded by the second-largest producer, the U.S., twofold. India ranked third in terms of total production with a 9.2% share.

What are the leading suppliers of adipic acid, its salts and esters to Chile?

In value terms, China constituted the largest supplier of adipic acid to Chile, comprising 49% of total imports. The second position in the ranking was occupied by Brazil, with a 23% share of total imports. It was followed by Germany, with a 20% share.

What are the leading importers of adipic acid, its salts and esters from Chile?

In value terms, Brazil remains the key foreign market for adipic acid exports from Chile.

What is the average export price for adipic acid, its salts and esters in Chile?

The average adipic acid export price stood at $1,172 per ton in 2020, reducing by -11.8% against the previous year.

What is the average import price for adipic acid, its salts and esters in Chile?

The average adipic acid import price stood at $1,272 per ton in 2020, waning by -17.1% against the previous year.

This report provides an in-depth analysis of the adipic acid 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 20143385 - Adipic acid, its salts and esters

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