Chile: Modelling Pastes Market 2024

Modelling Pastes Market Size in Chile

The Chilean modelling pastes market skyrocketed to $X in 2021, jumping by 95% 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). In general, consumption saw prominent growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Modelling Pastes Exports

Exports from Chile

In 2021, approx. X tons of modelling pastes, dental wax and dental impression compounds were exported from Chile; jumping by 28% against 2020. In general, exports, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2017 with an increase of 115%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, modelling pastes exports soared to $X in 2021. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 303%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Mexico (X tons) was the main destination for modelling pastes exports from Chile, accounting for a 42% share of total exports. Moreover, modelling pastes exports to Mexico exceeded the volume sent to the second major destination, Spain (X tons), twofold. The third position in this ranking was taken by Paraguay (X tons), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Mexico stood at -2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-1.0% per year) and Paraguay (+26.9% per year).

In value terms, the largest markets for modelling pastes exported from Chile were Mexico ($X), Paraguay ($X) and Spain ($X), with a combined 80% share of total exports.

Paraguay, with a CAGR of +36.2%, saw 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 2021, the average modelling pastes export price amounted to $X per ton, declining by -5.5% against the previous year. Overall, the export price, however, posted a noticeable expansion. The pace of growth appeared the most rapid in 2017 an increase of 87% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Paraguay ($X per ton), while the average price for exports to Ecuador ($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 Guatemala (+20.2%), while the prices for the other major destinations experienced more modest paces of growth.

Modelling Pastes Imports

Imports into Chile

Modelling pastes imports into Chile skyrocketed to X tons in 2021, rising by 93% compared with 2020 figures. Overall, imports showed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, modelling pastes imports soared to $X in 2021. Over the period under review, imports saw a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of modelling pastes to Chile, accounting for a 71% share of total imports. Moreover, modelling pastes imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), eightfold. Italy (X tons) ranked third in terms of total imports with a 3.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +28.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+17.4% per year) and Italy (+3.3% per year).

In value terms, China ($X) constituted the largest supplier of modelling pastes, dental wax and dental impression compounds to Chile, comprising 51% of total imports. The second position in the ranking was held by the United States ($X), with a 14% share of total imports. It was followed by Thailand, with a 6% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +17.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+11.3% per year) and Thailand (+10.2% per year).

Import Prices by Country

The average modelling pastes import price stood at $X per ton in 2021, approximately mirroring the previous year. Over the period under review, the import price, however, saw a deep slump. The pace of growth was the most pronounced in 2018 when the average import price increased by 34% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :