Chile: Rare Gases Market 2025

Rare Gases Exports

Exports from Chile

After three years of growth, overseas shipments of rare gases (excluding argon) decreased by -53.7% to X cubic meters in 2022. In general, exports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2017 with an increase of 197% against the previous year. Over the period under review, the exports attained the maximum at X cubic meters in 2021, and then reduced sharply in the following year.

In value terms, rare gases exports reduced rapidly to $X in 2022. Overall, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 175%. The exports peaked at $X in 2021, and then declined dramatically in the following year.

Exports by Country

Peru (X cubic meters), Argentina (X cubic meters) and Ecuador (X cubic meters) were the main destinations of rare gases exports from Chile, with a combined 100% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Argentina (with a CAGR of +103.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Peru ($X), Argentina ($X) and Ecuador ($X) constituted the largest markets for rare gases exported from Chile worldwide, with a combined 100% share of total exports.

In terms of the main countries of destination, Argentina, with a CAGR of +137.8%, recorded 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 rare gases export price stood at $X per cubic meter in 2022, picking up by 8.8% against the previous year. Over the period under review, the export price recorded a buoyant increase. The pace of growth was the most pronounced in 2020 an increase of 33%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($X per cubic meter), while the average price for exports to Peru ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.

Rare Gases Imports

Imports into Chile

In 2022, the amount of rare gases (excluding argon) imported into Chile dropped significantly to X cubic meters, with a decrease of -46.4% on 2021. Over the period under review, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. Over the period under review, imports reached the peak figure at X cubic meters in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, rare gases imports expanded to $X in 2022. Overall, total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.9% against 2018 indices. The growth pace was the most rapid in 2021 when imports increased by 21%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the United States (X cubic meters) was the main supplier of rare gases to Chile, accounting for a 90% share of total imports. Moreover, rare gases imports from the United States exceeded the figures recorded by the second-largest supplier, China (X cubic meters), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at -6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+2.0% per year) and Brazil (-3.0% per year).

In value terms, the United States ($X) constituted the largest supplier of rare gases (excluding argon) to Chile, comprising 90% of total imports. The second position in the ranking was taken by China ($X), with a 5.6% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States totaled +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+23.2% per year) and Brazil (+10.8% per year).

Import Prices by Country

In 2022, the average rare gases import price amounted to $X per cubic meter, picking up by 96% against the previous year. In general, the import price enjoyed a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per cubic meter), while the price for China ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :