Report Update Nov 1, 2024

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

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Chile: Argon Market 2024

Argon Market Size in Chile

The Chilean argon market was finally on the rise to reach $X in 2022, after three years of decline. Overall, consumption saw a buoyant increase. Argon consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Argon Production in Chile

In value terms, argon production totaled $X in 2022 estimated in export price. Over the period under review, production, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by 47%. Argon production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Argon Exports

Exports from Chile

After two years of decline, overseas shipments of argon decreased by -37.7% to X cubic meters in 2022. In general, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by 38,398%. Over the period under review, the exports reached the peak figure at X cubic meters in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, argon exports dropped sharply to $X in 2022. Over the period under review, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2019 when exports increased by 42,192%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Peru (X cubic meters) and Argentina (X cubic meters) were the main destinations of argon exports from Chile.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Peru (with a CAGR of +10.5%).

In value terms, the largest markets for argon exported from Chile were Peru ($X) and Argentina ($X).

Peru, with a CAGR of +11.7%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average argon export price stood at $X per cubic meter in 2022, rising by 17% against the previous year. In general, the export price saw slight growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($X per cubic meter), while the average price for exports to Peru stood at $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.

Argon Imports

Imports into Chile

In 2022, supplies from abroad of argon increased by 32% to X cubic meters, rising for the second year in a row after four years of decline. Overall, imports recorded a measured expansion. The pace of growth was the most pronounced in 2015 with an increase of 136%. Over the period under review, imports hit record highs at X cubic meters in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, argon imports soared to $X in 2022. In general, imports posted a temperate increase. The growth pace was the most rapid in 2015 with an increase of 94%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Brazil (X cubic meters), the Netherlands (X cubic meters) and China (X cubic meters) were the main suppliers of argon imports to Chile, together comprising 66% of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +160.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest argon suppliers to Chile were Brazil ($X), the Netherlands ($X) and China ($X), with a combined 66% share of total imports.

Among the main suppliers, the Netherlands, with a CAGR of +158.5%, 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

In 2022, the average argon import price amounted to $X per cubic meter, growing by 23% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per cubic meter in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Argentina ($X per cubic meter) and the United States ($X per cubic meter), while the price for China ($X per cubic meter) and France ($X per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (-0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for argon in the world?

The countries with the highest volumes of argon consumption in 2021 were the United States, China and India, with a combined 55% share of global consumption. Brazil, Poland, Japan, Germany, Iran, the UK and Russia lagged somewhat behind, together comprising a further 16%.

What are the largest producers of argon in the world?

The countries with the highest volumes of argon production in 2021 were the United States, China and India, with a combined 56% share of global production. Brazil, Germany, Poland, Japan, Iran, the Netherlands and the UK lagged somewhat behind, together comprising a further 17%.

What are the leading suppliers of argon to Chile?

In value terms, France constituted the largest supplier of argon to Chile, comprising 55% of total imports. The second position in the ranking was occupied by Brazil, with a 13% share of total imports. It was followed by the Netherlands, with an 11% share.

What are the leading importers of argon from Chile?

In value terms, Argentina remains the key foreign market for argon exports from Chile, comprising 55% of total exports. The second position in the ranking was occupied by Bolivia, with a 25% share of total exports. It was followed by Peru, with a 15% share.

What is the average export price for argon in Chile?

The average argon export price stood at $0.6 per cubic meter in 2021, reducing by -4.5% against the previous year.

What is the average import price for argon in Chile?

In 2021, the average argon import price amounted to $0.7 per cubic meter, with an increase of 3.5% against the previous year.

This report provides an in-depth analysis of the argon 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 20111120 - Argon

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