Report Update Nov 1, 2024

Chile - Natural Rubber and Gums - Market Analysis, Forecast, Size, Trends and Insights

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Chile: Market for Natural Rubber And Gums 2024

Market Size for Natural Rubber And Gums in Chile

The Chilean natural rubber and gum market soared to $X in 2022, jumping by 42% 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, however, continues to indicate a perceptible setback. Natural rubber and gum consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Exports of Natural Rubber And Gums

Exports from Chile

In 2019, after two years of growth, there was significant decline in shipments abroad of natural rubber and gums, when their volume decreased by -76.6% to X tons. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 23,170% against the previous year. The exports peaked at X tons in 2018, and then fell rapidly in the following year.

In value terms, natural rubber and gum exports dropped sharply to $X in 2019. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 9,032% against the previous year. The exports peaked at $X in 2018, and then fell significantly in the following year.

Exports by Country

Peru (X tons) was the main destination for natural rubber and gum exports from Chile, accounting for a 78% share of total exports. Moreover, natural rubber and gum exports to Peru exceeded the volume sent to the second major destination, Brazil (X kg), fourfold.

From 2014 to 2019, the average annual growth rate of volume to Peru amounted to +192.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (0.0% per year) and Bolivia (+29.0% per year).

In value terms, Peru ($X), Brazil ($X) and Bolivia ($X) appeared to be the largest markets for natural rubber and gum exported from Chile worldwide, with a combined 99.9% share of total exports.

Peru, with a CAGR of +202.7%, recorded the highest growth rate of 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

In 2019, the average natural rubber and gum export price amounted to $X per ton, with a decrease of -2.4% against the previous year. In general, the export price recorded a drastic downturn. The pace of growth appeared the most rapid in 2016 an increase of 34%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2019, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Peru ($X per ton) was amongst the lowest.

From 2014 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+14.3%).

Imports of Natural Rubber And Gums

Imports into Chile

In 2022, the amount of natural rubber and gums imported into Chile skyrocketed to X tons, increasing by 44% on the previous year. Overall, imports, however, continue to indicate a mild descent. Over the period under review, imports attained the maximum at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, natural rubber and gum imports surged to $X in 2022. In general, imports, however, saw a perceptible curtailment. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Guatemala (X tons) constituted the largest supplier of natural rubber and gum to Chile, accounting for a 87% share of total imports. Moreover, natural rubber and gum imports from Guatemala exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Guatemala amounted to -1.2%.

In value terms, Guatemala ($X) constituted the largest supplier of natural rubber and gums to Chile, comprising 83% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 14% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Guatemala totaled -3.8%.

Import Prices by Country

The average natural rubber and gum import price stood at $X per ton in 2022, dropping by -1.9% against the previous year. In general, the import price showed a perceptible decrease. The pace of growth was the most pronounced in 2021 when the average import price increased by 42% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for Guatemala stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+3.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for natural rubber and gums in the world?

The countries with the highest volumes of natural rubber and gum consumption in 2021 were Thailand, Indonesia and China, together accounting for 56% of global consumption. Vietnam, India, Malaysia and Cote d'Ivoire lagged somewhat behind, together accounting for a further 26%.

What are the largest producers of natural rubber and gums in the world?

The countries with the highest volumes of natural rubber and gum production in 2021 were Thailand, Indonesia and Vietnam, with a combined 63% share of global production. India, Cote d'Ivoire, China, Malaysia and the Philippines lagged somewhat behind, together comprising a further 24%.

What are the leading suppliers of natural rubber and gums to Chile?

In value terms, Guatemala constituted the largest supplier of natural rubber and gum to Chile, comprising 52% of total imports. The second position in the ranking was occupied by Malaysia, with a 15% share of total imports. It was followed by Vietnam, with a 14% share.

What are the leading importers of natural rubber and gums from Chile?

In value terms, Peru remains the key foreign market for natural rubber and gum exports from Chile, comprising 94% of total exports. The second position in the ranking was occupied by Bolivia, with a 5.3% share of total exports.

What is the average export price for natural rubber and gums in Chile?

The average natural rubber and gum export price stood at $9,002 per ton in 2021, rising by 36% against the previous year.

What is the average import price for natural rubber and gums in Chile?

In 2021, the average natural rubber and gum import price amounted to $1,926 per ton, with an increase of 41% against the previous year.

This report provides an in-depth analysis of the market for natural rubber and gum 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:

FCL 836 - Natural rubber

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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, HARVESTED AREA AND YIELD
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023