Chile: Market for Chromium, Manganese, Lead and Copper Oxides and Hydroxides 2024

Market Size for Chromium, Manganese, Lead and Copper Oxides and Hydroxides in Chile

The Chilean market for chromium, manganese, lead and copper oxides and hydroxides shrank to $X in 2022, waning by X% against the previous year. In general, consumption continues to indicate a noticeable decrease. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Chromium, Manganese, Lead and Copper Oxides and Hydroxides in Chile

In value terms, production of chromium, manganese, lead and copper oxides and hydroxides declined to $X in 2022 estimated in export price. Over the period under review, production saw a perceptible setback. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Production of peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Chromium, Manganese, Lead and Copper Oxides and Hydroxides

Exports from Chile

For the third consecutive year, Chile recorded growth in overseas shipments of chromium, manganese, lead and copper oxides and hydroxides, which increased by X% to X tons in 2022. Over the period under review, exports saw resilient growth. The pace of growth appeared the most rapid in 2015 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of chromium, manganese, lead and copper oxides and hydroxides surged to $X in 2022. Overall, exports showed a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

France (X tons) was the main destination for exports of chromium, manganese, lead and copper oxides and hydroxides from Chile, with a X% share of total exports. Moreover, exports of chromium, manganese, lead and copper oxides and hydroxides to France exceeded the volume sent to the second major destination, Brazil (X tons), threefold. Spain (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (X% per year) and Spain (X% per year).

In value terms, France ($X) emerged as the key foreign market for chromium, manganese, lead and copper oxides and hydroxides exports from Chile, comprising X% of total exports. The second position in the ranking was held by Brazil ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual growth rate of value to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (X% per year) and Spain (X% per year).

Export Prices by Country

The average export price for chromium, manganese, lead and copper oxides and hydroxides stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

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

Imports of Chromium, Manganese, Lead and Copper Oxides and Hydroxides

Imports into Chile

In 2022, approx. X tons of chromium, manganese, lead and copper oxides and hydroxides were imported into Chile; waning by X% against the previous year. Overall, imports continue to indicate a perceptible decline. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of chromium, manganese, lead and copper oxides and hydroxides rose slightly to $X in 2022. Over the period under review, imports saw a slight curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Turkey (X tons), Brazil (X tons) and the United States (X tons) were the main suppliers of imports of chromium, manganese, lead and copper oxides and hydroxides to Chile, together accounting for X% of total imports. Kazakhstan, Norway, China and Australia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X), Norway ($X) and Turkey ($X) were the largest chromium, manganese, lead and copper oxide and hydroxide suppliers to Chile, together comprising X% of total imports. Kazakhstan, Australia, Brazil and China lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Kazakhstan, with a CAGR of X%, saw the highest rates of growth with regard to 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 import price for chromium, manganese, lead and copper oxides and hydroxides amounted to $X per ton, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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