Chile: Concrete Reinforcing Bar Market 2025

Concrete Reinforcing Bar Market Size in Chile

The Chilean concrete reinforcing bar market contracted to $X in 2022, which is down by -6.4% against the previous year. The market value increased at an average annual rate of +1.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Concrete reinforcing bar consumption peaked at $X in 2021, and then fell in the following year.

Concrete Reinforcing Bar Production in Chile

In value terms, concrete reinforcing bar production reduced modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 with an increase of 34%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Concrete Reinforcing Bar Exports

Exports from Chile

In 2022, after two years of growth, there was significant decline in overseas shipments of concrete reinforcing bars, when their volume decreased by -40.6% to X tons. In general, exports faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 when exports increased by 457% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, concrete reinforcing bar exports shrank sharply to $X in 2022. Overall, exports saw a abrupt slump. The pace of growth was the most pronounced in 2018 when exports increased by 406%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Argentina (X tons) was the main destination for concrete reinforcing bar exports from Chile, with a 79% share of total exports. Moreover, concrete reinforcing bar exports to Argentina exceeded the volume sent to the second major destination, Peru (X tons), sevenfold. The third position in this ranking was taken by Colombia (X tons), with a 6.7% share.

From 2012 to 2022, the average annual growth rate of volume to Argentina was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (-31.6% per year) and Colombia (-12.0% per year).

In value terms, Argentina ($X) remains the key foreign market for concrete reinforcing bars exports from Chile, comprising 80% of total exports. The second position in the ranking was taken by Peru ($X), with a 10% share of total exports. It was followed by Colombia, with a 6.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Argentina totaled +3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (-30.3% per year) and Colombia (-8.7% per year).

Export Prices by Country

The average concrete reinforcing bar export price stood at $X per ton in 2022, surging by 39% against the previous year. Over the period under review, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, concrete reinforcing bar export price increased by +59.5% against 2020 indices. The most prominent rate of growth was recorded in 2015 an increase of 57%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Argentina ($X per ton) and Peru ($X per ton), while the average price for exports to Paraguay ($X per ton) and Colombia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Concrete Reinforcing Bar Imports

Imports into Chile

In 2022, the amount of concrete reinforcing bars imported into Chile fell remarkably to X tons, declining by -32.9% against the previous year's figure. Over the period under review, total imports indicated slight growth from 2012 to 2022: its volume increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 113% against the previous year. As a result, imports attained the peak of X tons, and then declined remarkably in the following year.

In value terms, concrete reinforcing bar imports contracted sharply to $X in 2022. In general, imports, however, continue to indicate temperate growth. The most prominent rate of growth was recorded in 2021 when imports increased by 221% against the previous year. As a result, imports reached the peak of $X, and then contracted markedly in the following year.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of concrete reinforcing bar to Chile, accounting for a 77% share of total imports. Moreover, concrete reinforcing bar imports from Turkey exceeded the figures recorded by the second-largest supplier, Brazil (X tons), sixfold. The third position in this ranking was held by Peru (X tons), with an 8% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey amounted to +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-2.8% per year) and Peru (+57.7% per year).

In value terms, Turkey ($X) constituted the largest supplier of concrete reinforcing bars to Chile, comprising 75% of total imports. The second position in the ranking was held by Brazil ($X), with a 12% share of total imports. It was followed by Peru, with a 7.4% share.

From 2012 to 2022, the average annual growth rate of value from Turkey totaled +10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-0.6% per year) and Peru (+55.7% per year).

Import Prices by Country

The average concrete reinforcing bar import price stood at $X per ton in 2022, surging by 9% against the previous year. In general, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, concrete reinforcing bar import price increased by +64.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 51%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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