Chile: Market for Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates 2024

Market Size for Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates in Chile

In 2021, the Chilean chlorates, bromates and iodates market decreased by -5.1% to $X for the first time since 2017, thus ending a three-year rising trend. Overall, consumption recorded a noticeable decline. The pace of growth was the most pronounced in 2019 with an increase of 7.7%. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates in Chile

In value terms, chlorates, bromates and iodates production declined slightly to $X in 2021 estimated in export price. Overall, production saw a prominent increase. The most prominent rate of growth was recorded in 2014 when the production volume increased by 82%. Over the period under review, production hit record highs at $X in 2020, and then reduced modestly in the following year.

Exports of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

Exports from Chile

For the third consecutive year, Chile recorded growth in overseas shipments of chlorates and perchlorates, bromates and perbromates, iodates and periodates, which increased by 16% to X tons in 2021. Over the period under review, exports enjoyed a perceptible increase. The pace of growth appeared the most rapid in 2020 with an increase of 53% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, chlorates, bromates and iodates exports expanded markedly to $X in 2021. In general, exports, however, saw a pronounced setback. The growth pace was the most rapid in 2020 when exports increased by 77% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Brazil (X tons), France (X tons) and China (X tons) were the main destinations of chlorates, bromates and iodates exports from Chile, together accounting for 64% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +300.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for chlorates, bromates and iodates exported from Chile were Brazil ($X), France ($X) and China ($X), with a combined 65% share of total exports.

In terms of the main countries of destination, China, with a CAGR of +305.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average chlorates, bromates and iodates export price stood at $X per ton in 2021, dropping by -1.5% against the previous year. Over the period under review, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2020 when the average export price increased by 16% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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 Colombia ($X per ton), while the average price for exports to Mexico ($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 China (+1.4%), while the prices for the other major destinations experienced a decline.

Imports of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

Imports into Chile

Chlorates, bromates and iodates imports into Chile declined dramatically to X tons in 2021, reducing by -27.5% against the year before. Over the period under review, imports continue to indicate a significant contraction. The growth pace was the most rapid in 2013 when imports increased by 30% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, chlorates, bromates and iodates imports declined notably to $X in 2021. Overall, imports showed a dramatic shrinkage. The pace of growth appeared the most rapid in 2013 with an increase of 25% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Canada (X tons) was the main supplier of chlorates, bromates and iodates to Chile, accounting for a 93% share of total imports. Moreover, chlorates, bromates and iodates imports from Canada exceeded the figures recorded by the second-largest supplier, Sweden (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Canada amounted to -25.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+15.2% per year) and the United States (-43.6% per year).

In value terms, Canada ($X) constituted the largest supplier of chlorates and perchlorates, bromates and perbromates, iodates and periodates to Chile, comprising 83% of total imports. The second position in the ranking was taken by Sweden ($X), with a 12% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Canada totaled -24.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+15.6% per year) and the United States (-42.7% per year).

Import Prices by Country

In 2021, the average chlorates, bromates and iodates import price amounted to $X per ton, which is down by -9.4% against the previous year. Over the last nine years, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2020 an increase of 22%. As a result, import price reached the peak level of $X per ton, and then contracted in the following year.

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 Sweden ($X per ton), while the price for Canada ($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 (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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