Chile: Other Agglomerates Market 2024

Other Agglomerates Market Size in Chile

The Chilean other agglomerates market rose notably to $X in 2022, surging by 11% against the previous year. Overall, consumption, however, saw a pronounced descent. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Other Agglomerates Production in Chile

In value terms, other agglomerates production fell to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 40% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Other Agglomerates Exports

Exports from Chile

For the third consecutive year, Chile recorded decline in shipments abroad of other agglomerates, which decreased by -15.8% to X tons in 2022. In general, exports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2016 when exports increased by 444%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, other agglomerates exports declined markedly to $X in 2022. Overall, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2014 when exports increased by 753%. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

France (X tons) was the main destination for other agglomerates exports from Chile, with a 58% share of total exports. Moreover, other agglomerates exports to France exceeded the volume sent to the second major destination, the United States (X tons), twofold. Uruguay (X tons) ranked third in terms of total exports with a 7.3% share.

From 2012 to 2022, the average annual growth rate of volume to France amounted to +63.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-12.4% per year) and Uruguay (+1.8% per year).

In value terms, France ($X) remains the key foreign market for other agglomerates exports from Chile, comprising 57% of total exports. The second position in the ranking was held by the United States ($X), with a 26% share of total exports. It was followed by Uruguay, with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France totaled +72.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-12.0% per year) and Uruguay (+6.2% per year).

Export Prices by Country

In 2022, the average other agglomerates export price amounted to $X per ton, which is down by -3.1% against the previous year. In general, the export price, however, saw a measured expansion. The most prominent rate of growth was recorded in 2014 an increase of 316% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($X per ton) and China ($X per ton), while the average price for exports to Uruguay ($X per ton) and Brazil ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Other Agglomerates Imports

Imports into Chile

Other agglomerates imports into Chile skyrocketed to X tons in 2022, surging by 15% compared with 2021. In general, imports, however, showed a slight descent. The most prominent rate of growth was recorded in 2019 when imports increased by 177% against the previous year. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, other agglomerates imports rose rapidly to $X in 2022. Over the period under review, imports, however, continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2020 with an increase of 89%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

France (X tons), China (X tons) and the United States (X tons) were the main suppliers of other agglomerates imports to Chile, together accounting for 87% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +49.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the United States ($X) and China ($X) were the largest other agglomerates suppliers to Chile, with a combined 90% share of total imports.

In terms of the main suppliers, China, with a CAGR of +32.1%, recorded 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

The average other agglomerates import price stood at $X per ton in 2022, dropping by -2% against the previous year. Overall, the import price continues to indicate a mild contraction. The pace of growth was the most pronounced in 2018 when the average import price increased by 54% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average 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 France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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