Chile: Organo-Inorganic Compounds Market 2024

Organo-Inorganic Compounds Market Size in Chile

The Chilean organo-inorganic compounds market surged to $X in 2021, increasing by 30% 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). Over the period under review, the total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +11.5% against 2018 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Organo-Inorganic Compounds Exports

Exports from Chile

Organo-inorganic compounds exports from Chile skyrocketed to X tons in 2021, with an increase of 60% on the previous year's figure. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 3,160%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, organo-inorganic compounds exports surged to $X in 2021. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 2,442% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Bolivia (X tons), Argentina (X tons) and Peru (X tons) were the main destinations of organo-inorganic compounds exports from Chile, with a combined 95% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Argentina (with a CAGR of +81.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bolivia ($X) remains the key foreign market for organo-inorganic compounds (excluding organo-sulphur compounds) exports from Chile, comprising 67% of total exports. The second position in the ranking was taken by Argentina ($X), with a 31% share of total exports. It was followed by Peru, with a 1.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Bolivia totaled +107.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (+77.5% per year) and Peru (+53.7% per year).

Export Prices by Country

In 2021, the average organo-inorganic compounds export price amounted to $X per ton, rising by 32% against the previous year. In general, the export price continues to indicate a tangible increase. The most prominent rate of growth was recorded in 2017 an increase of 130%. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Colombia ($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 Bolivia (+31.5%), while the prices for the other major destinations experienced a decline.

Organo-Inorganic Compounds Imports

Imports into Chile

In 2021, overseas purchases of organo-inorganic compounds (excluding organo-sulphur compounds) were finally on the rise to reach X tons after two years of decline. Overall, total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 with an increase of 26% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, organo-inorganic compounds imports surged to $X in 2021. Over the period under review, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2017 when imports increased by 41% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest organo-inorganic compounds supplier to Chile, with a 75% share of total imports. Moreover, organo-inorganic compounds imports from China exceeded the figures recorded by the second-largest supplier, Canada (X tons), sevenfold. The United States (X tons) ranked third in terms of total imports with a 6.7% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+146.7% per year) and the United States (+23.5% per year).

In value terms, China ($X) constituted the largest supplier of organo-inorganic compounds (excluding organo-sulphur compounds) to Chile, comprising 58% of total imports. The second position in the ranking was held by Canada ($X), with a 21% share of total imports. It was followed by the United States, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+164.7% per year) and the United States (+19.6% per year).

Import Prices by Country

The average organo-inorganic compounds import price stood at $X per ton in 2021, picking up by 9.9% against the previous year. Overall, import price indicated slight growth from 2012 to 2021: its price increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, organo-inorganic compounds import price increased by +111.0% against 2016 indices. The most prominent rate of growth was recorded in 2020 an increase of 38%. Over the period under review, average import prices reached the maximum in 2021 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+7.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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