Chile: Oxygen-Function Amino-Compound Market 2024

Oxygen-Function Amino-Compound Market Size in Chile

The Chilean oxygen-function amino-compound market soared to $X in 2021, increasing by 32% 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). The market value increased at an average annual rate of +4.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Oxygen-Function Amino-Compound Exports

Exports from Chile

Oxygen-function amino-compound exports from Chile reached X tons in 2021, standing approx. at 2020 figures. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 596%. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, oxygen-function amino-compound exports skyrocketed to $X in 2021. Overall, exports, however, continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2016 when exports increased by 2,318%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Peru (X tons), Argentina (X tons) and Bolivia (X tons) were the main destinations of oxygen-function amino-compound exports from Chile, with a combined 83% share of total exports. These countries were followed by Colombia, Pakistan and Costa Rica, which together accounted for a further 15%.

From 2012 to 2021, the biggest increases were recorded for Costa Rica (with a CAGR of +293.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Peru ($X), Argentina ($X) and Bolivia ($X) constituted the largest markets for oxygen-function amino-compound exported from Chile worldwide, with a combined 68% share of total exports. Colombia, Pakistan and Costa Rica lagged somewhat behind, together accounting for a further 19%.

Costa Rica, with a CAGR of +291.0%, recorded the highest growth rate of the value of exports, in terms of 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 oxygen-function amino-compound export price stood at $X per ton in 2021, with an increase of 39% against the previous year. Overall, the export price, however, continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 247%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while the average price for exports to Bolivia ($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 Colombia (+2.6%), while the prices for the other major destinations experienced a decline.

Oxygen-Function Amino-Compound Imports

Imports into Chile

In 2021, oxygen-function amino-compound imports into Chile skyrocketed to X tons, picking up by 35% compared with the previous year. Overall, total imports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +80.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, oxygen-function amino-compound imports surged to $X in 2021. The total import value increased at an average annual rate of +4.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest oxygen-function amino-compound supplier to Chile, with a 65% share of total imports. Moreover, oxygen-function amino-compound imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), sevenfold. The third position in this ranking was held by Germany (X tons), with a 4.5% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +18.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-13.0% per year) and Germany (-5.7% per year).

In value terms, China ($X) constituted the largest supplier of oxygen-function amino-compounds to Chile, comprising 43% of total imports. The second position in the ranking was held by Brazil ($X), with an 8.7% share of total imports. It was followed by the United States, with a 7.2% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +11.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+14.7% per year) and the United States (-10.1% per year).

Import Prices by Country

The average oxygen-function amino-compound import price stood at $X per ton in 2021, reducing by -3.5% against the previous year. In general, the import price, however, recorded a slight increase. The growth pace was the most rapid in 2019 when the average import price increased by 22% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($X per ton), while the price for Mexico ($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 (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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