Chile: Narrow Woven Fabric Market 2025

Narrow Woven Fabric Market Size in Chile

The Chilean narrow woven fabric market soared to $X in 2021, rising by 58% against the previous year. Over the period under review, the total consumption indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Narrow Woven Fabric Production in Chile

In value terms, narrow woven fabric production totaled $X in 2021 estimated in export price. Over the period under review, production, however, showed a abrupt decline. Narrow woven fabric production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Narrow Woven Fabric Exports

Exports from Chile

In 2021, the amount of narrow woven fabrics exported from Chile skyrocketed to X tons, growing by 16% against the previous year's figure. Overall, exports, however, continue to indicate a mild setback. The pace of growth was the most pronounced in 2019 with an increase of 143%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, narrow woven fabric exports skyrocketed to $X in 2021. Over the period under review, exports saw a relatively flat trend pattern. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Bolivia (X tons), Argentina (X tons) and Paraguay (X tons) were the main destinations of narrow woven fabric exports from Chile, together comprising 77% of total exports. These countries were followed by the United Arab Emirates, Peru, Australia and Mexico, which together accounted for a further 22%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +1,709.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for narrow woven fabric exported from Chile were Bolivia ($X), Paraguay ($X) and Argentina ($X), with a combined 89% share of total exports. The United Arab Emirates, Peru, Australia and Mexico lagged somewhat behind, together comprising a further 9.8%.

The United Arab Emirates, with a CAGR of +4,733.9%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average narrow woven fabric export price stood at $X per ton in 2021, picking up by 25% against the previous year. Overall, export price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, narrow woven fabric export price increased by +68.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 35%. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to the United Arab Emirates ($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 the United Arab Emirates (+167.1%), while the prices for the other major destinations experienced more modest paces of growth.

Narrow Woven Fabric Imports

Imports into Chile

In 2021, narrow woven fabric imports into Chile skyrocketed to X tons, growing by 73% compared with the previous year's figure. Overall, total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, narrow woven fabric imports surged to $X in 2021. The total import value increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest narrow woven fabric supplier to Chile, with a 74% share of total imports. Moreover, narrow woven fabric imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold. South Korea (X tons) ranked third in terms of total imports with a 4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-0.7% per year) and South Korea (-1.9% per year).

In value terms, China ($X) constituted the largest supplier of narrow woven fabrics to Chile, comprising 54% of total imports. The second position in the ranking was taken by the United States ($X), with a 12% share of total imports. It was followed by South Korea, with a 4.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+1.3% per year) and South Korea (-1.1% per year).

Import Prices by Country

In 2021, the average narrow woven fabric import price amounted to $X per ton, reducing by -10% against the previous year. In general, the import price saw a noticeable reduction. The growth pace was the most rapid in 2017 an increase of 2.6% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for India ($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 (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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