Report Update Nov 1, 2024

Chile - Candles and Tapers - Market Analysis, Forecast, Size, Trends and Insights

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Chile: Candles And Tapers Market 2024

Candles And Tapers Market Size in Chile

The Chilean candles and tapers market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption continues to indicate a resilient increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Candles And Tapers Exports

Exports from Chile

In 2021, approx. X tons of candles and tapers were exported from Chile; dropping by -32% compared with the previous year. Over the period under review, exports saw a precipitous descent. The growth pace was the most rapid in 2013 with an increase of 31%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, candles and tapers exports soared to $X in 2021. In general, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2013 when exports increased by 41%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Paraguay (X tons), Bolivia (X tons) and Peru (X tons) were the main destinations of candles and tapers exports from Chile, together comprising 90% of total exports. Colombia lagged somewhat behind, accounting for a further 8.8%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Colombia (with a CAGR of +15.3%), while the other leaders experienced a decline.

In value terms, the largest markets for candles and tapers exported from Chile were Paraguay ($X), Bolivia ($X) and Peru ($X), together comprising 96% of total exports. Colombia lagged somewhat behind, comprising a further 3.2%.

Colombia, with a CAGR of +4.8%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average candles and tapers export price stood at $X per ton in 2021, growing by 73% against the previous year. In general, the export price enjoyed resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Paraguay ($X per ton), while the average price for exports to Colombia ($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 Paraguay (+14.7%), while the prices for the other major destinations experienced mixed trend patterns.

Candles And Tapers Imports

Imports into Chile

In 2021, approx. X tons of candles and tapers were imported into Chile; growing by 134% on 2020 figures. Overall, imports posted strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, candles and tapers imports skyrocketed to $X in 2021. In general, imports posted resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) was the main candles and tapers supplier to Chile, with a 90% share of total imports. Moreover, candles and tapers imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold. The third position in this ranking was taken by India (X tons), with a 2.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +11.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+3.7% per year) and India (+5.8% per year).

In value terms, China ($X) constituted the largest supplier of candles and tapers to Chile, comprising 79% of total imports. The second position in the ranking was held by the United States ($X), with a 9.9% share of total imports. It was followed by Argentina, with a 3.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+8.4% per year) and Argentina (+26.9% per year).

Import Prices by Country

The average candles and tapers import price stood at $X per ton in 2021, rising by 4.2% against the previous year. Over the period under review, the import price, however, showed a perceptible decrease. The pace of growth was the most pronounced in 2018 an increase of 6.7%. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+4.5%), 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 candles and tapers in the world?

China constituted the country with the largest volume of candles and tapers consumption, comprising approx. 27% of total volume. Moreover, candles and tapers consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 9.8% share.

What are the largest producers of candles and tapers in the world?

China constituted the country with the largest volume of candles and tapers production, accounting for 31% of total volume. Moreover, candles and tapers production in China exceeded the figures recorded by the second-largest producer, India, threefold. Poland ranked third in terms of total production with a 6.7% share.

What are the leading suppliers of candles and tapers to Chile?

In value terms, China constituted the largest supplier of candles and tapers to Chile, comprising 86% of total imports. The second position in the ranking was occupied by the United States, with a 6.8% share of total imports.

What are the leading importers of candles and tapers from Chile?

In value terms, Paraguay, Bolivia and Peru were the largest markets for candles and tapers exported from Chile worldwide, together comprising 97% of total exports.

What is the average export price for candles and tapers in Chile?

In 2020, the average candles and tapers export price amounted to $3,810 per ton, increasing by 24% against the previous year.

What is the average import price for candles and tapers in Chile?

The average candles and tapers import price stood at $3,266 per ton in 2020, stabilizing at the previous year.

This report provides an in-depth analysis of the candles and tapers 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 32995400 - Candles, tapers and the like (including night lights fitted with a float) (excluding anti-asthmatic candles, wax matches or vestas, sulphur-treated bands, wicks and candles)

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