Report Update Nov 1, 2024

Chile - Salts of Acetic Acid - Market Analysis, Forecast, Size, Trends and Insights

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Chile: Market for Salts Of Acetic Acid 2024

Market Size for Salts Of Acetic Acid in Chile

In 2022, the Chilean salts of acetic acid market decreased by -5.7% to $X for the first time since 2016, thus ending a five-year rising trend. Over the period under review, consumption, however, showed a significant increase. Salts of acetic acid consumption peaked at $X in 2021, and then fell in the following year.

Exports of Salts Of Acetic Acid

Exports from Chile

In 2022, after two years of growth, there was significant decline in overseas shipments of salts of acetic acid, when their volume decreased by -85.9% to X kg. In general, exports, however, posted a resilient increase. The pace of growth appeared the most rapid in 2020 when exports increased by 703% against the previous year. The exports peaked at X tons in 2021, and then shrank remarkably in the following year.

In value terms, salts of acetic acid exports totaled $X in 2022. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 636% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Bolivia (X kg) was the main destination for salts of acetic acid exports from Chile, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bolivia totaled +34.8%.

In value terms, Bolivia ($X) emerged as the key foreign market for salts of acetic acid exports from Chile.

From 2012 to 2022, the average annual growth rate of value to Bolivia amounted to +54.4%.

Export Prices by Country

The average salts of acetic acid export price stood at $X per ton in 2022, growing by 627% against the previous year. In general, the export price recorded a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Bolivia.

From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to +14.5% per year.

Imports of Salts Of Acetic Acid

Imports into Chile

After five years of growth, supplies from abroad of salts of acetic acid decreased by -7.2% to X tons in 2022. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 380%. Imports peaked at X tons in 2021, and then contracted in the following year.

In value terms, salts of acetic acid imports fell to $X in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 when imports increased by 125% against the previous year. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest salts of acetic acid supplier to Chile, with a 69% share of total imports. Moreover, salts of acetic acid imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume from China stood at +31.6%.

In value terms, the largest salts of acetic acid suppliers to Chile were China ($X) and the Netherlands ($X).

The Netherlands, with a CAGR of +254.9%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review.

Import Prices by Country

The average salts of acetic acid import price stood at $X per ton in 2022, increasing by 2.6% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 23%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+15.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for salts of acetic acid in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 45% of global consumption. These countries were followed by Japan, Russia, Brazil, Germany, Mexico, Democratic Republic of the Congo, Thailand and France, which together accounted for a further 26%.

What are the largest producers of salts of acetic acid in the world?

China remains the largest salts of acetic acid producing country worldwide, comprising approx. 33% of total volume. Moreover, salts of acetic acid production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with a 7.4% share.

What are the leading suppliers of salts of acetic acid to Chile?

In value terms, the Netherlands and China were the largest salts of acetic acid suppliers to Chile.

What are the leading importers of salts of acetic acid from Chile?

In value terms, Ecuador remains the key foreign market for salts of acetic acid exports from Chile, comprising 95% of total exports. The second position in the ranking was occupied by Bolivia $159), with a 4.5% share of total exports.

What is the average export price for salts of acetic acid in Chile?

The average salts of acetic acid export price stood at $3,505 per ton in 2021, remaining stable against the previous year.

What is the average import price for salts of acetic acid in Chile?

The average salts of acetic acid import price stood at $2,555 per ton in 2021, jumping by 19% against the previous year.

This report provides an in-depth analysis of the market for salts of acetic acid in Chile. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20143278 - Salts of acetic acid

Country coverage:

Chile

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Chile
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023