Chile: Sheet Piling Market 2024

Sheet Piling Market Size in Chile

The Chilean sheet piling market contracted sharply to $X in 2021, with a decrease of -19.5% against the previous year. Over the period under review, consumption, however, recorded pronounced growth. Over the period under review, the market attained the peak level at $X in 2020, and then shrank sharply in the following year.

Sheet Piling Production in Chile

In value terms, sheet piling production shrank remarkably to $X in 2021 estimated in export price. Overall, production, however, saw resilient growth. The growth pace was the most rapid in 2017 when the production volume increased by 90% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Sheet Piling Exports

Exports from Chile

In 2021, approx. X tons of sheet piling, shapes and sections (of iron or steel) were exported from Chile; approximately equating 2020. Over the period under review, exports, however, continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2018 with an increase of 584% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, sheet piling exports dropped slightly to $X in 2021. Overall, exports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2018 when exports increased by 495% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Costa Rica (X tons) was the main destination for sheet piling exports from Chile, accounting for a 68% share of total exports. Moreover, sheet piling exports to Costa Rica exceeded the volume sent to the second major destination, Peru (X tons), eightfold. Panama (X tons) ranked third in terms of total exports with a 7.8% share.

From 2012 to 2021, the average annual growth rate of volume to Costa Rica amounted to +19.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (-34.5% per year) and Panama (+29.4% per year).

In value terms, Costa Rica ($X), Bolivia ($X) and Panama ($X) appeared to be the largest markets for sheet piling exported from Chile worldwide, together comprising 75% of total exports. These countries were followed by Argentina, Peru, Canada and Ecuador, which together accounted for a further 22%.

Among the main countries of destination, Argentina, with a CAGR of +76.6%, saw the highest growth rate of 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 sheet piling export price stood at $X per ton in 2021, falling by -3.9% against the previous year. Over the period under review, the export price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 58%. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Costa Rica ($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 Panama (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

Sheet Piling Imports

Imports into Chile

In 2021, supplies from abroad of sheet piling, shapes and sections (of iron or steel) decreased by -70.8% to X tons, falling for the second year in a row after three years of growth. Over the period under review, imports recorded a deep setback. The pace of growth was the most pronounced in 2018 when imports increased by 214% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, sheet piling imports contracted remarkably to $X in 2021. Overall, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2018 when imports increased by 195%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Czech Republic (X tons) constituted the largest supplier of sheet piling to Chile, with a 48% share of total imports. Moreover, sheet piling imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. The third position in this ranking was held by South Korea (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Czech Republic totaled +12.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-4.6% per year) and South Korea (-1.8% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of sheet piling, shapes and sections (of iron or steel) to Chile, comprising 39% of total imports. The second position in the ranking was taken by South Korea ($X), with a 17% share of total imports. It was followed by Spain, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from the Czech Republic stood at +8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+10.2% per year) and Spain (-6.4% per year).

Import Prices by Country

In 2021, the average sheet piling import price amounted to $X per ton, jumping by 107% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +8.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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