Chile: Market for Organic Surface Active Agents 2024

Market Size for Organic Surface Active Agents in Chile

In 2021, the Chilean organic surface active agent market increased by 3.7% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +1.3% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. Organic surface active agent consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Exports of Organic Surface Active Agents

Exports from Chile

Organic surface active agent exports from Chile declined markedly to X tons in 2021, waning by -17.2% on the previous year. Overall, exports, however, showed a strong expansion. The pace of growth appeared the most rapid in 2017 with an increase of 57%. Over the period under review, the exports reached the maximum at X tons in 2020, and then fell significantly in the following year.

In value terms, organic surface active agent exports rose modestly to $X in 2021. Over the period under review, exports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2017 with an increase of 55%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Argentina (X tons) was the main destination for organic surface active agent exports from Chile, accounting for a 57% share of total exports. Moreover, organic surface active agent exports to Argentina exceeded the volume sent to the second major destination, Peru (X tons), fourfold. The Dominican Republic (X tons) ranked third in terms of total exports with a 5.8% share.

From 2012 to 2021, the average annual growth rate of volume to Argentina amounted to +49.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (-8.3% per year) and the Dominican Republic (+12,621.2% per year).

In value terms, Argentina ($X) remains the key foreign market for organic surface active agents exports from Chile, comprising 50% of total exports. The second position in the ranking was taken by Peru ($X), with a 15% share of total exports. It was followed by Brazil, with a 7.1% share.

From 2012 to 2021, the average annual growth rate of value to Argentina totaled +40.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (-9.4% per year) and Brazil (+58.1% per year).

Export Prices by Country

The average organic surface active agent export price stood at $X per ton in 2021, picking up by 25% against the previous year. Overall, the export price, however, showed a pronounced decrease. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Uruguay ($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 Brazil (+3.1%), while the prices for the other major destinations experienced a decline.

Imports of Organic Surface Active Agents

Imports into Chile

In 2021, approx. X tons of organic surface active agents were imported into Chile; dropping by -16.4% compared with 2020. The total import volume increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 with an increase of 27% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020, and then fell rapidly in the following year.

In value terms, organic surface active agent imports amounted to $X in 2021. The total import value increased at an average annual rate of +1.3% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by 19%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

South Korea (X tons), China (X tons) and the United States (X tons) were the main suppliers of organic surface active agent imports to Chile, together comprising 59% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +11.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), South Korea ($X) and China ($X) constituted the largest organic surface active agent suppliers to Chile, together comprising 57% of total imports.

In terms of the main suppliers, South Korea, with a CAGR of +9.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average organic surface active agent import price amounted to $X per ton, surging by 31% against the previous year. Over the period under review, the import price, however, saw a slight slump. The import price peaked at $X per ton in 2013; however, from 2014 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, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (-0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform