Report Update May 1, 2025

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

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Chile: Metal Wool Market 2025

Metal Wool Market Size in Chile

The Chilean metal wool market fell remarkably to $X in 2022, waning by -25.8% against the previous year. Overall, consumption continues to indicate a slight downturn. Metal wool consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Metal Wool Production in Chile

In value terms, metal wool production fell to $X in 2022 estimated in export price. In general, production recorded a pronounced downturn. The growth pace was the most rapid in 2021 when the production volume increased by 33%. Metal wool production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Metal Wool Exports

Exports from Chile

After three years of decline, overseas shipments of iron or steel wool increased by 35% to X tons in 2022. Over the period under review, exports, however, continue to indicate a abrupt contraction. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal wool exports skyrocketed to $X in 2022. Overall, exports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 48% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Paraguay (X tons) was the main destination for metal wool exports from Chile, accounting for a 38% share of total exports. Moreover, metal wool exports to Paraguay exceeded the volume sent to the second major destination, Uruguay (X tons), twofold. Costa Rica (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Paraguay stood at +8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (+7.8% per year) and Costa Rica (-5.9% per year).

In value terms, Paraguay ($X) remains the key foreign market for iron or steel wool exports from Chile, comprising 37% of total exports. The second position in the ranking was held by Uruguay ($X), with a 16% share of total exports. It was followed by Mexico, with a 14% share.

From 2012 to 2022, the average annual growth rate of value to Paraguay stood at -11.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (+5.0% per year) and Mexico (+3.1% per year).

Export Prices by Country

The average metal wool export price stood at $X per ton in 2022, approximately reflecting the previous year. Overall, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 37% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($X per ton), while the average price for exports to Costa Rica ($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 Ecuador (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Wool Imports

Imports into Chile

After four years of growth, purchases abroad of iron or steel wool decreased by -50.7% to X tons in 2022. Overall, imports, however, recorded strong growth. The growth pace was the most rapid in 2013 when imports increased by 162%. Imports peaked at X tons in 2021, and then reduced notably in the following year.

In value terms, metal wool imports dropped markedly to $X in 2022. In general, imports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 156%. Imports peaked at $X in 2021, and then reduced remarkably in the following year.

Imports by Country

In 2022, China (X tons) was the main supplier of metal wool to Chile, with a 98% share of total imports. It was followed by the United States (X tons), with a 0.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +13.3%.

In value terms, China ($X) constituted the largest supplier of iron or steel wool to Chile, comprising 93% of total imports. The second position in the ranking was held by the United States ($X), with a 5.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +13.7%.

Import Prices by Country

In 2022, the average metal wool import price amounted to $X per ton, growing by 8.8% against the previous year. In general, the import price, however, saw a pronounced reduction. The growth pace was the most rapid in 2017 when the average import price increased by 57% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The country with the largest volume of metal wool consumption was Russia, accounting for 80% of total volume. Moreover, metal wool consumption in Russia exceeded the figures recorded by the second-largest consumer, China, more than tenfold.

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

Russia remains the largest metal wool producing country worldwide, accounting for 79% of total volume. Moreover, metal wool production in Russia exceeded the figures recorded by the second-largest producer, China, eightfold.

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

In value terms, China constituted the largest supplier of metal wool to Chile, comprising 92% of total imports. The second position in the ranking was occupied by the United States, with a 5.4% share of total imports.

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

In value terms, Bolivia, Peru and Paraguay appeared to be the largest markets for metal wool exported from Chile worldwide, together comprising 95% of total exports.

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

In 2021, the average metal wool export price amounted to $5,742 per ton, falling by -17.9% against the previous year.

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

The average metal wool import price stood at $7,583 per ton in 2021, increasing by 35% against the previous year.

This report provides an in-depth analysis of the metal wool 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 25991280 - Iron or steel wool, pot scourers and scouring or polishing pads, and gloves and the like

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
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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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024