Chile: Market for Pure Polyvinyl Chloride in Primary Forms 2024

Market Size for Pure Polyvinyl Chloride in Primary Forms in Chile

After two years of growth, the Chilean market for pure polyvinyl chloride in primary forms decreased by -26.2% to $X in 2022. Over the period under review, the total consumption indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +34.9% against 2019 indices. As a result, consumption attained the peak level of $X, and then contracted remarkably in the following year.

Exports of Pure Polyvinyl Chloride in Primary Forms

Exports from Chile

In 2022, exports of pure polyvinyl chloride in primary forms from Chile skyrocketed to X tons, with an increase of 74% on 2021 figures. In general, exports posted a significant expansion. The growth pace was the most rapid in 2013 with an increase of 4,646%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of pure polyvinyl chloride in primary forms soared to $X in 2022. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 3,404% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Bolivia (X tons) was the main destination for exports of pure polyvinyl chloride in primary forms from Chile, with a 76% share of total exports. Moreover, exports of pure polyvinyl chloride in primary forms to Bolivia exceeded the volume sent to the second major destination, Paraguay (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bolivia amounted to +167.6%.

In value terms, Bolivia ($X) emerged as the key foreign market for pure polyvinyl chloride in primary forms exports from Chile, comprising 91% of total exports. The second position in the ranking was held by Paraguay ($X), with a 9.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Bolivia stood at +180.4%.

Export Prices by Country

The average export price for pure polyvinyl chloride in primary forms stood at $X per ton in 2022, growing by 8.9% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 54% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 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 Paraguay totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+4.8%), while the prices for the other major destinations experienced a decline.

Imports of Pure Polyvinyl Chloride in Primary Forms

Imports into Chile

In 2022, after two years of growth, there was significant decline in supplies from abroad of pure polyvinyl chloride in primary forms, when their volume decreased by -30.7% to X tons. Over the period under review, imports continue to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. As a result, imports attained the peak of X tons, and then reduced remarkably in the following year.

In value terms, imports of pure polyvinyl chloride in primary forms reduced sharply to $X in 2022. Overall, imports, however, posted a measured increase. The most prominent rate of growth was recorded in 2021 when imports increased by 121% against the previous year. As a result, imports attained the peak of $X, and then dropped remarkably in the following year.

Imports by Country

In 2022, the United States (X tons) constituted the largest pure polyvinyl chloride in primary forms supplier to Chile, with a 59% share of total imports. Moreover, imports of pure polyvinyl chloride in primary forms from the United States exceeded the figures recorded by the second-largest supplier, Colombia (X tons), fourfold. The third position in this ranking was held by Mexico (X tons), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to -4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (+13.1% per year) and Mexico (+0.2% per year).

In value terms, the United States ($X) constituted the largest supplier of pure polyvinyl chloride in primary forms to Chile, comprising 59% of total imports. The second position in the ranking was held by Colombia ($X), with a 14% share of total imports. It was followed by Mexico, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (+17.7% per year) and Mexico (+6.6% per year).

Import Prices by Country

The average import price for pure polyvinyl chloride in primary forms stood at $X per ton in 2022, with an increase of 10% against the previous year. Overall, the import price posted a strong expansion. The most prominent rate of growth was recorded in 2021 an increase of 82% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Brazil ($X per ton) and Mexico ($X per ton), while the price for South Korea ($X per ton) and Argentina ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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