Chile: Calcareous Building Stone Market 2024

Calcareous Building Stone Market Size in Chile

The Chilean calcareous building stone market dropped to $X in 2021, with a decrease of -10.3% against the previous year. In general, consumption, however, showed a perceptible slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Calcareous Building Stone Production in Chile

In value terms, calcareous building stone production contracted to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2020 with an increase of 40%. Calcareous building stone production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Calcareous Building Stone Exports

Exports from Chile

In 2021, shipments abroad of calcareous building stone decreased by -29.6% to X tons, falling for the fourth year in a row after six years of growth. Overall, exports, however, continue to indicate tangible growth. The most prominent rate of growth was recorded in 2017 with an increase of 132%. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, calcareous building stone exports dropped to $X in 2021. In general, exports, however, posted moderate growth. The pace of growth appeared the most rapid in 2017 with an increase of 37% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for calcareous building stone exports from Chile, accounting for a 98% share of total exports. It was followed by Germany (X kg), with a 2.3% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to China stood at +3.5%.

In value terms, China ($X) remains the key foreign market for calcareous building stone exports from Chile, comprising 93% of total exports. The second position in the ranking was held by Germany ($X), with a 7.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to China totaled +5.2%.

Export Prices by Country

In 2021, the average calcareous building stone export price amounted to $X per ton, increasing by 28% against the previous year. In general, the export price continues to indicate a modest increase. The pace of growth was the most pronounced in 2020 an increase of 80%. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to China amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.6%).

Calcareous Building Stone Imports

Imports into Chile

In 2021, purchases abroad of calcareous building stone was finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. Over the period under review, imports, however, continue to indicate a significant decrease. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, calcareous building stone imports declined to $X in 2021. In general, imports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of 72%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Argentina (X tons) was the main calcareous building stone supplier to Chile, with a 96% share of total imports. It was followed by Brazil (X tons), with a 2.8% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Argentina amounted to -29.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-38.4% per year) and Bolivia (-61.1% per year).

In value terms, Argentina ($X) constituted the largest supplier of calcareous building stone to Chile, comprising 55% of total imports. The second position in the ranking was held by Brazil ($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 -14.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-30.8% per year) and Bolivia (-43.8% per year).

Import Prices by Country

The average calcareous building stone import price stood at $X per ton in 2021, falling by -18.6% against the previous year. Overall, the import price, however, continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2014 when the average import price increased by 222%. Over the period under review, average import prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bolivia (+44.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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