Chile: Ethylene-Vinyl Acetate Copolymers Market 2024

Ethylene-Vinyl Acetate Copolymers Market Size in Chile

The Chilean ethylene-vinyl acetate copolymers market skyrocketed to $X in 2022, growing by 16% 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). Over the period under review, consumption saw a temperate increase. Ethylene-vinyl acetate copolymers consumption peaked in 2022 and is likely to see gradual growth in years to come.

Ethylene-Vinyl Acetate Copolymers Exports

Exports from Chile

In 2022, the amount of ethylene-vinyl acetate copolymers in primary forms exported from Chile surged to X tons, growing by 28% against 2021. In general, exports showed a remarkable increase. The growth pace was the most rapid in 2018 when exports increased by 5,853% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, ethylene-vinyl acetate copolymers exports soared to $X in 2022. Over the period under review, exports showed prominent growth. The pace of growth appeared the most rapid in 2018 when exports increased by 4,485% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Argentina (X tons), Brazil (X tons) and Colombia (X tons) were the main destinations of ethylene-vinyl acetate copolymers exports from Chile, with a combined 99% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (with a CAGR of +52.2%), while the other leaders experienced mixed trend patterns.

In value terms, Argentina ($X), Brazil ($X) and Colombia ($X) were the largest markets for ethylene-vinyl acetate copolymers exported from Chile worldwide, together comprising 99% of total exports.

Brazil, with a CAGR of +42.5%, 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 mixed trend patterns.

Export Prices by Country

In 2022, the average ethylene-vinyl acetate copolymers export price amounted to $X per ton, declining by -5.5% against the previous year. Overall, the export price recorded a noticeable curtailment. The growth pace was the most rapid in 2021 when the average export price increased by 33%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while the average price for exports to Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+0.0%), while the prices for the other major destinations experienced a decline.

Ethylene-Vinyl Acetate Copolymers Imports

Imports into Chile

Ethylene-vinyl acetate copolymers imports into Chile expanded rapidly to X tons in 2022, increasing by 5.2% compared with the previous year's figure. Over the period under review, imports enjoyed temperate growth. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, ethylene-vinyl acetate copolymers imports surged to $X in 2022. Overall, imports enjoyed a noticeable expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 98%. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

Italy (X tons), Spain (X tons) and the United States (X tons) were the main suppliers of ethylene-vinyl acetate copolymers imports to Chile, together comprising 59% of total imports. South Korea, Portugal, Taiwan (Chinese), Brazil, Canada, Germany and Argentina lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +61.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ethylene-vinyl acetate copolymers suppliers to Chile were Italy ($X), Spain ($X) and the United States ($X), with a combined 56% share of total imports. Taiwan (Chinese), Portugal, South Korea, Brazil, Canada, Germany and Argentina lagged somewhat behind, together accounting for a further 39%.

Portugal, with a CAGR of +76.2%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ethylene-vinyl acetate copolymers import price stood at $X per ton in 2022, with an increase of 15% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 35%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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