Chile: Plaster Article Market 2024

Plaster Article Market Size in Chile

The Chilean plaster article market expanded markedly to $X in 2021, picking up by 5.4% against the previous year. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Plaster Article Production in Chile

In value terms, plaster article production fell to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of 56%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Plaster Article Exports

Exports from Chile

In 2021, overseas shipments of articles of plaster or of compositions based on plaster decreased by -5% to X tons, falling for the second year in a row after two years of growth. In general, exports showed a dramatic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 40% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, plaster article exports rose slightly to $X in 2021. Over the period under review, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2018 when exports increased by 153%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Argentina (X tons), Peru (X tons) and Bolivia (X tons) were the main destinations of plaster article exports from Chile, together accounting for 86% of total exports. These countries were followed by Brazil, Panama, Uruguay and Ecuador, which together accounted for a further 12%.

From 2012 to 2021, the biggest increases were in Panama (with a CAGR of +120.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plaster article exported from Chile were Argentina ($X), Peru ($X) and Bolivia ($X), together accounting for 89% of total exports. Brazil, Panama, Uruguay and Ecuador lagged somewhat behind, together comprising a further 10%.

Panama, with a CAGR of +84.1%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average plaster article export price stood at $X per ton in 2021, surging by 8.6% against the previous year. In general, the export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2018 an increase of 81% against the previous year. 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.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Ecuador ($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 Bolivia (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Plaster Article Imports

Imports into Chile

In 2021, after four years of decline, there was significant growth in overseas purchases of articles of plaster or of compositions based on plaster, when their volume increased by 96% to X tons. Overall, imports, however, saw a abrupt descent. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, plaster article imports surged to $X in 2021. Over the period under review, imports, however, saw a drastic downturn. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Argentina (X tons) was the main plaster article supplier to Chile, with a 92% share of total imports. Moreover, plaster article imports from Argentina exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Argentina totaled -5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+5.2% per year) and Mexico (-32.7% per year).

In value terms, Argentina ($X) constituted the largest supplier of plaster article to Chile, comprising 72% of total imports. The second position in the ranking was taken by China ($X), with a 13% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Argentina stood at -10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+6.6% per year) and Mexico (-29.3% per year).

Import Prices by Country

In 2021, the average plaster article import price amounted to $X per ton, rising by 6.4% against the previous year. Overall, the import price, however, saw a perceptible decline. The pace of growth appeared the most rapid in 2017 when the average import price increased by 14% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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