Report Update Nov 1, 2024

Chile - Ethylene - Market Analysis, Forecast, Size, Trends and Insights

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Chile: Ethylene Market 2024

Ethylene Market Size in Chile

After three years of decline, the Chilean ethylene market increased by 4% to $X in 2021. Overall, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Ethylene Production in Chile

In value terms, ethylene production amounted to $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by 29% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Ethylene Exports

Exports from Chile

In 2021, after two years of decline, there was significant decline in shipments abroad of ethylene, when their volume decreased by -62.6% to X kg. Over the period under review, exports faced a abrupt downturn. The pace of growth was the most pronounced in 2014 when exports increased by 84%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, ethylene exports shrank rapidly to $X in 2021. In general, exports showed a deep reduction. The growth pace was the most rapid in 2014 when exports increased by 105%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Colombia (X kg) was the main destination for ethylene exports from Chile, with a 83% share of total exports. Moreover, ethylene exports to Colombia exceeded the volume sent to the second major destination, South Africa (X kg), fivefold.

From 2013 to 2021, the average annual rate of growth in terms of volume to Colombia stood at +5.6%.

In value terms, the largest markets for ethylene exported from Chile were Colombia ($X) and South Africa ($X).

In terms of the main countries of destination, South Africa, with a CAGR of 0.0%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2021, the average ethylene export price amounted to $X per ton, with an increase of 62% against the previous year. In general, the export price saw a prominent expansion. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

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 South Africa ($X per ton), while the average price for exports to Colombia amounted to $X per ton.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+11.4%).

Ethylene Imports

Imports into Chile

In 2021, approx. X tons of ethylene were imported into Chile; picking up by 304% compared with the year before. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2015 when imports increased by 1,416%. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in years to come.

In value terms, ethylene imports soared to $X in 2021. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2015 when imports increased by 1,294% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of ethylene to Chile, with a 82% share of total imports. Moreover, ethylene imports from the United States exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fivefold.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to +67.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+36.5% per year) and Germany (+4.1% per year).

In value terms, the United States ($X) constituted the largest supplier of ethylene to Chile, comprising 88% of total imports. The second position in the ranking was taken by Belgium ($X), with an 11% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the United States stood at +72.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+34.7% per year) and Germany (-4.7% per year).

Import Prices by Country

In 2021, the average ethylene import price amounted to $X per ton, rising by 45% against the previous year. In general, the import price showed a noticeable increase. The pace of growth was the most pronounced in 2020 when the average import price increased by 58%. The import price peaked in 2021 and is expected to retain 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 the United States ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+2.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ethylene in the world?

The country with the largest volume of ethylene consumption was China, accounting for 23% of total volume. Moreover, ethylene consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 9% share.

What are the largest producers of ethylene in the world?

China constituted the country with the largest volume of ethylene production, accounting for 22% of total volume. Moreover, ethylene production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 9.3% share.

What are the leading suppliers of ethylene to Chile?

In value terms, the United States constituted the largest supplier of ethylene to Chile, comprising 89% of total imports. The second position in the ranking was occupied by Belgium, with an 11% share of total imports.

What are the leading importers of ethylene from Chile?

In value terms, the largest markets for ethylene exported from Chile were Colombia and South Africa.

What is the average export price for ethylene in Chile?

In 2021, the average ethylene export price amounted to $6,280 per ton, waning by -46.1% against the previous year.

What is the average import price for ethylene in Chile?

In 2021, the average ethylene import price amounted to $2,640 per ton, which is down by -15.7% against the previous year.

This report provides an in-depth analysis of the ethylene market in Chile. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20141130 - Ethylene

Country coverage:

Chile

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Chile
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023