Chile: Market for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) 2024

Market Size for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in Chile

The Chilean cyclanes, cyclenes and cycloterpenes market expanded notably to $X in 2021, increasing by 12% against the previous year. Overall, the total consumption indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -9.7% against 2019 indices. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in Chile

In value terms, cyclanes, cyclenes and cycloterpenes production surged to $X in 2021 estimated in export price. In general, the total production indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -19.9% against 2019 indices. The pace of growth appeared the most rapid in 2018 with an increase of 38% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Exports from Chile

In 2021, after two years of decline, there was significant growth in shipments abroad of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane), when their volume increased by 110% to X tons. Overall, exports saw slight growth. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, cyclanes, cyclenes and cycloterpenes exports skyrocketed to $X in 2021. In general, exports showed a relatively flat trend pattern. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Paraguay (X tons), Mexico (X tons) and Spain (X tons) were the main destinations of cyclanes, cyclenes and cycloterpenes exports from Chile, with a combined 99% share 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 Spain (with a CAGR of +24.5%), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Paraguay ($X) and Spain ($X) constituted the largest markets for cyclanes, cyclenes and cycloterpenes exported from Chile worldwide, with a combined 99% share of total exports.

Spain, with a CAGR of +30.7%, recorded 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 more modest paces of growth.

Export Prices by Country

The average cyclanes, cyclenes and cycloterpenes export price stood at $X per ton in 2021, increasing by 32% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 66% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Paraguay ($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 India (+19.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Imports into Chile

In 2021, supplies from abroad of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) was finally on the rise to reach X tons after three years of decline. Over the period under review, imports saw a strong expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 140% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, cyclanes, cyclenes and cycloterpenes imports soared to $X in 2021. In general, imports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2014 with an increase of 139% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, the United States (X tons) constituted the largest cyclanes, cyclenes and cycloterpenes supplier to Chile, accounting for a 69% share of total imports. Moreover, cyclanes, cyclenes and cycloterpenes imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Peru (X tons) ranked third in terms of total imports with a 4.3% share.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to +25.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+12.5% per year) and Peru (-16.3% per year).

In value terms, the United States ($X) constituted the largest supplier of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) to Chile, comprising 66% of total imports. The second position in the ranking was held by China ($X), with a 29% share of total imports. It was followed by Peru, with a 1.4% share.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to +25.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+17.8% per year) and Peru (-19.8% per year).

Import Prices by Country

The average cyclanes, cyclenes and cycloterpenes import price stood at $X per ton in 2021, growing by 39% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.4%. 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 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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