Report Update Nov 1, 2024

Chile - Iron or Steel Expanded Metal - Market Analysis, Forecast, Size, Trends and Insights

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Chile: Expanded Metal Market 2024

Expanded Metal Market Size in Chile

The Chilean expanded metal market expanded notably to $X in 2022, picking up by 12% 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 resilient expansion. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Expanded Metal Exports

Exports from Chile

In 2022, approx. X kg of iron or steel expanded metal were exported from Chile; growing by 64% compared with the previous year's figure. Overall, exports, however, recorded a precipitous setback. The most prominent rate of growth was recorded in 2014 with an increase of 243%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, expanded metal exports soared to $X in 2022. In general, exports, however, showed a dramatic setback. The pace of growth appeared the most rapid in 2016 when exports increased by 154% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Bolivia (X kg) was the main destination for expanded metal exports from Chile, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Bolivia stood at -3.3%.

In value terms, Bolivia ($X) emerged as the key foreign market for iron or steel expanded metal exports from Chile.

From 2012 to 2022, the average annual rate of growth in terms of value to Bolivia totaled -6.1%.

Export Prices by Country

The average expanded metal export price stood at $X per ton in 2022, which is down by -8.8% against the previous year. In general, the export price, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2017 when the average export price increased by 66%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Bolivia.

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +26.8% per year.

Expanded Metal Imports

Imports into Chile

Expanded metal imports into Chile soared to X tons in 2022, picking up by 16% on the previous year. In general, imports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2017 when imports increased by 258%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, expanded metal imports expanded markedly to $X in 2022. Overall, imports showed a buoyant increase. The pace of growth was the most pronounced in 2017 when imports increased by 286%. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of expanded metal to Chile, with a 85% share of total imports. Moreover, expanded metal imports from China exceeded the figures recorded by the second-largest supplier, France (X tons), more than tenfold. Spain (X tons) ranked third in terms of total imports with a 5.5% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +12.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+47.5% per year) and Spain (-5.3% per year).

In value terms, China ($X) constituted the largest supplier of iron or steel expanded metal to Chile, comprising 71% of total imports. The second position in the ranking was held by France ($X), with a 10% share of total imports. It was followed by Germany, with a 6.5% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +16.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+53.5% per year) and Germany (+1.4% per year).

Import Prices by Country

The average expanded metal import price stood at $X per ton in 2022, reducing by -5.9% against the previous year. Over the period under review, the import price continues to indicate a mild setback. The growth pace was the most rapid in 2020 when the average import price increased by 60%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel expanded metal in the world?

The country with the largest volume of expanded metal consumption was China, accounting for 24% of total volume. Moreover, expanded metal consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 7.7% share.

What are the largest producers of iron or steel expanded metal in the world?

China remains the largest expanded metal producing country worldwide, accounting for 29% of total volume. Moreover, expanded metal production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 6.4% share.

What are the leading suppliers of iron or steel expanded metal to Chile?

In value terms, China constituted the largest supplier of expanded metal to Chile, comprising 63% of total imports. The second position in the ranking was occupied by Spain, with a 9.4% share of total imports. It was followed by Mexico, with a 6.4% share.

What are the leading importers of iron or steel expanded metal from Chile?

In value terms, Argentina $947) remains the key foreign market for expanded metal exports from Chile, comprising 52% of total exports. The second position in the ranking was occupied by Paraguay $396), with a 22% share of total exports. It was followed by Slovenia, with a 15% share.

What is the average export price for iron or steel expanded metal in Chile?

In 2021, the average expanded metal export price amounted to $3,631 per ton, which is down by -20.5% against the previous year.

What is the average import price for iron or steel expanded metal in Chile?

The average expanded metal import price stood at $1,603 per ton in 2021, waning by -45.5% against the previous year.

This report provides an in-depth analysis of the expanded metal 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 25931350 - Iron or steel expanded metal

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