Chile: Vulcanised Rubber Erases Market 2025

Vulcanised Rubber Erases Market Size in Chile

The Chilean vulcanised rubber erases market skyrocketed to $X in 2021, rising by 57% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a strong increase. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Vulcanised Rubber Erases Exports

Exports from Chile

In 2021, exports of erasers of vulcanised rubber from Chile fell sharply to X kg, declining by -52.8% on 2020 figures. Over the period under review, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2016 when exports increased by 134%. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, vulcanised rubber erases exports shrank significantly to $X in 2021. In general, exports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2016 when exports increased by 141%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Bolivia (X kg), Paraguay (X kg) and Colombia (X kg) were the main destinations of vulcanised rubber erases exports from Chile, with a combined 69% share of total exports. These countries were followed by the United States, Guatemala, Uruguay and Mexico, which together accounted for a further 28%.

From 2012 to 2021, the biggest increases were recorded for Guatemala (with a CAGR of +53.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bolivia ($X) remains the key foreign market for erasers of vulcanised rubber exports from Chile, comprising 73% of total exports. The second position in the ranking was held by Paraguay ($X), with a 9% share of total exports. It was followed by Colombia, with a 7.2% share.

From 2012 to 2021, the average annual growth rate of value to Bolivia stood at +15.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (-27.4% per year) and Colombia (-5.6% per year).

Export Prices by Country

In 2021, the average vulcanised rubber erases export price amounted to $X per ton, rising by 40% against the previous year. In general, the export price enjoyed a noticeable expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 92%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Mexico ($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 Bolivia (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Erases Imports

Imports into Chile

Vulcanised rubber erases imports into Chile skyrocketed to X tons in 2021, with an increase of 76% compared with the year before. In general, imports continue to indicate buoyant growth. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, vulcanised rubber erases imports surged to $X in 2021. Overall, imports saw a perceptible increase. The most prominent rate of growth was recorded in 2016 with an increase of 59%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest vulcanised rubber erases supplier to Chile, with a 75% share of total imports. Moreover, vulcanised rubber erases imports from China exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +5.7%.

In value terms, the largest vulcanised rubber erases suppliers to Chile were China ($X) and Spain ($X).

Among the main suppliers, Spain, with a CAGR of +14.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2021, the average vulcanised rubber erases import price amounted to $X per ton, declining by -19.1% against the previous year. In general, the import price saw a noticeable contraction. The most prominent rate of growth was recorded in 2016 an increase of 33% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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 China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (-4.4%).

Source: IndexBox Platform

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