Chile: Market for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid 2024

Market Size for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in Chile

The Chilean market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid skyrocketed to $X in 2022, increasing by 34% against the previous year. In general, consumption, however, saw a noticeable setback. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in Chile

In value terms, production of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid shrank modestly to $X in 2022 estimated in export price. In general, production, however, saw a slight reduction. The pace of growth appeared the most rapid in 2017 when the production volume increased by 11%. Production of peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Exports from Chile

In 2022, the amount of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid exported from Chile reduced to X tons, shrinking by -9.2% compared with 2021 figures. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid dropped to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 159%. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

Brazil (X tons) was the main destination for exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid from Chile, with a 68% share of total exports. Moreover, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid to Brazil exceeded the volume sent to the second major destination, Colombia (X tons), sixfold. The third position in this ranking was taken by Peru (X tons), with a 9.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Brazil totaled -3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (+62.2% per year) and Peru (+74.0% per year).

In value terms, Brazil ($X) remains the key foreign market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid exports from Chile, comprising 66% of total exports. The second position in the ranking was held by Colombia ($X), with a 13% share of total exports. It was followed by Peru, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Brazil totaled -3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (+65.1% per year) and Peru (+69.7% per year).

Export Prices by Country

The average export price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid stood at $X per ton in 2022, almost unchanged from the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 83% against the previous year. As a result, the export price reached the peak level of $X per ton, leveling off in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Venezuela ($X per ton) and Argentina ($X per ton), while the average price for exports to Brazil ($X per ton) and Peru ($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 (+1.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Imports into Chile

In 2022, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid into Chile dropped remarkably to X tons, waning by -22.9% against 2021. Overall, imports recorded a abrupt setback. The growth pace was the most rapid in 2017 when imports increased by 54%. Over the period under review, imports of hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid dropped rapidly to $X in 2022. Over the period under review, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 77% against the previous year. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Malaysia (X tons), South Korea (X tons) and Colombia (X tons) were the main suppliers of imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid to Chile, together accounting for 90% of total imports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +137.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X) constituted the largest supplier of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid to Chile, comprising 58% of total imports. The second position in the ranking was taken by Malaysia ($X), with a 19% share of total imports. It was followed by Colombia, with a 6.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from South Korea totaled -13.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+94.8% per year) and Colombia (-5.6% per year).

Import Prices by Country

In 2022, the average import price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid amounted to $X per ton, reducing by -21.3% against the previous year. In general, the import price saw a mild downturn. The pace of growth was the most pronounced in 2021 an increase of 65% against the previous year. As a result, import price attained the peak level of $X per ton, and then declined significantly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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