Chile: Market for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone 2024

Market Size for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Chile

After four years of growth, the Chilean cement prefabricated structural components market decreased by -10.4% to $X in 2021. Over the period under review, the total consumption indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +107.2% against 2016 indices. Cement prefabricated structural components consumption peaked at $X in 2020, and then contracted in the following year.

Production of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Chile

In value terms, cement prefabricated structural components production contracted to $X in 2021 estimated in export price. In general, the total production indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +115.5% against 2016 indices. The pace of growth was the most pronounced in 2017 with an increase of 52% against the previous year. Over the period under review, production reached the peak level at $X in 2020, and then contracted in the following year.

Exports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Exports from Chile

After two years of growth, shipments abroad of prefabricated structural components of cement, concrete or artificial stone decreased by -79.6% to X tons in 2021. In general, exports, however, saw a moderate expansion. The most prominent rate of growth was recorded in 2013 with an increase of 512% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, cement prefabricated structural components exports contracted dramatically to $X in 2021. Over the period under review, exports, however, enjoyed pronounced growth. The most prominent rate of growth was recorded in 2013 with an increase of 496%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Peru (X tons), Bolivia (X tons) and Uruguay (X kg) were the main destinations of cement prefabricated structural components exports from Chile, with a combined 90% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bolivia (with a CAGR of +73.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cement prefabricated structural components exported from Chile were Peru ($X), Bolivia ($X) and Uruguay ($X), together accounting for 98% of total exports.

Among the main countries of destination, Bolivia, with a CAGR of +87.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cement prefabricated structural components export price stood at $X per ton in 2021, surging by 12% against the previous year. Overall, the export price, however, continues to indicate a mild curtailment. The pace of growth appeared the most rapid in 2017 when the average export price increased by 63% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood 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 Peru ($X per ton), while the average price for exports to Argentina ($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 (+8.8%), while the prices for the other major destinations experienced a decline.

Imports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Imports into Chile

In 2021, supplies from abroad of prefabricated structural components of cement, concrete or artificial stone increased by 69% to X tons, rising for the second year in a row after two years of decline. Overall, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of 196%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, cement prefabricated structural components imports skyrocketed to $X in 2021. In general, imports, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2013 when imports increased by 258% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of cement prefabricated structural components to Chile, accounting for a 24% share of total imports. Moreover, cement prefabricated structural components imports from Spain exceeded the figures recorded by the second-largest supplier, Greece (X tons), twofold. The third position in this ranking was held by China (X tons), with a 6.4% share.

From 2012 to 2021, the average annual growth rate of volume from Spain stood at +6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+27.0% per year) and China (-0.7% per year).

In value terms, Spain ($X) constituted the largest supplier of prefabricated structural components of cement, concrete or artificial stone to Chile, comprising 21% of total imports. The second position in the ranking was held by Greece ($X), with a 9.8% share of total imports. It was followed by China, with a 5.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain totaled -11.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+22.9% per year) and China (-0.5% per year).

Import Prices by Country

In 2021, the average cement prefabricated structural components import price amounted to $X per ton, which is down by -18.1% against the previous year. Over the period under review, the import price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2013 an increase of 45%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Brazil ($X per ton) and Greece ($X per ton), while the price for Germany ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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