Chile: Polishes For Coachwork Market 2024

Polishes For Coachwork Market Size in Chile

The Chilean polishes for coachwork market fell significantly to $X in 2022, waning by -26% 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, consumption, however, recorded a buoyant increase. As a result, consumption reached the peak level of $X, and then fell significantly in the following year.

Polishes For Coachwork Exports

Exports from Chile

In 2022, the amount of polishes for coachwork exported from Chile dropped markedly to X tons, shrinking by -20.3% on the previous year's figure. Overall, exports showed a deep reduction. The pace of growth appeared the most rapid in 2013 when exports increased by 68%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, polishes for coachwork exports contracted to $X in 2022. In general, exports recorded a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 74% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Bolivia (X tons), Uruguay (X tons) and Paraguay (X tons) were the main destinations of polishes for coachwork exports from Chile, together comprising 88% of total exports. The Dominican Republic, Peru, Costa Rica and Ecuador lagged somewhat behind, together comprising a further 11%.

From 2012 to 2022, the biggest increases were recorded for the Dominican Republic (with a CAGR of +4.2%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Uruguay ($X), Bolivia ($X) and Paraguay ($X) constituted the largest markets for polishes for coachwork exported from Chile worldwide, together comprising 84% of total exports.

Bolivia, with a CAGR of +9.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average polishes for coachwork export price stood at $X per ton in 2022, picking up by 8.7% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 37% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Polishes For Coachwork Imports

Imports into Chile

Polishes for coachwork imports into Chile fell rapidly to X tons in 2022, with a decrease of -41.2% compared with the year before. Over the period under review, imports, however, showed a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 98% against the previous year. As a result, imports attained the peak of X tons, and then shrank markedly in the following year.

In value terms, polishes for coachwork imports shrank significantly to $X in 2022. Overall, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 115% against the previous year. As a result, imports reached the peak of $X, and then shrank notably in the following year.

Imports by Country

China (X tons), Argentina (X tons) and the United States (X tons) were the main suppliers of polishes for coachwork imports to Chile, together comprising 75% of total imports. Brazil, Peru, Germany and Turkey lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +108.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest polishes for coachwork suppliers to Chile were the United States ($X), Argentina ($X) and China ($X), together comprising 68% of total imports. Germany, Brazil, Peru and Turkey lagged somewhat behind, together comprising a further 19%.

Turkey, with a CAGR of +51.1%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average polishes for coachwork import price stood at $X per ton in 2022, increasing by 43% against the previous year. Overall, the import price, however, recorded a pronounced decrease. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, 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 Germany ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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