Report Update Nov 1, 2024

Chile - Sodium Triphosphate (Sodium Tripolyphosphates) - Market Analysis, Forecast, Size, Trends and Insights

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Chile: Sodium Triphosphate Market 2024

Sodium Triphosphate Market Size in Chile

The Chilean sodium triphosphate market soared to $X in 2022, jumping by 62% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a slight expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Sodium Triphosphate Exports

Exports from Chile

In 2022, the amount of sodium triphosphate (sodium tripolyphosphates) exported from Chile shrank sharply to X tons, falling by -48.3% compared with the previous year. In general, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 111,122% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, sodium triphosphate exports rose slightly to $X in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 5,021%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Argentina (X tons) was the main destination for sodium triphosphate exports from Chile, accounting for a 96% share of total exports. Moreover, sodium triphosphate exports to Argentina exceeded the volume sent to the second major destination, Peru (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Argentina stood at +9.6%.

In value terms, Argentina ($X) remains the key foreign market for sodium triphosphate (sodium tripolyphosphates) exports from Chile, comprising 97% of total exports. The second position in the ranking was held by Peru ($X), with a 2.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Argentina amounted to +22.3%.

Export Prices by Country

The average sodium triphosphate export price stood at $X per ton in 2022, rising by 97% against the previous year. Over the period under review, the export price, however, faced a precipitous slump. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($X per ton), while the average price for exports to Peru stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+11.7%), while the prices for the other major destinations experienced a decline.

Sodium Triphosphate Imports

Imports into Chile

In 2022, approx. X tons of sodium triphosphate (sodium tripolyphosphates) were imported into Chile; with an increase of 11% compared with the previous year's figure. Overall, imports, however, saw a perceptible decrease. The pace of growth was the most pronounced in 2021 with an increase of 26% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, sodium triphosphate imports surged to $X in 2022. In general, imports showed a noticeable expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest sodium triphosphate supplier to Chile, with a 81% share of total imports. Moreover, sodium triphosphate imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), tenfold. The third position in this ranking was held by Canada (X tons), with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+61.4% per year) and Canada (+3.5% per year).

In value terms, China ($X) constituted the largest supplier of sodium triphosphate (sodium tripolyphosphates) to Chile, comprising 78% of total imports. The second position in the ranking was held by Germany ($X), with a 10% share of total imports. It was followed by Canada, with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+63.8% per year) and Canada (+12.0% per year).

Import Prices by Country

In 2022, the average sodium triphosphate import price amounted to $X per ton, growing by 69% against the previous year. Overall, the import price recorded a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($X per ton) and Canada ($X per ton), while the price for Belgium ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sodium triphosphate (sodium tripolyphosphates) in the world?

China remains the largest sodium triphosphate consuming country worldwide, comprising approx. 38% of total volume. Moreover, sodium triphosphate consumption in China exceeded the figures recorded by the second-largest consumer, Tunisia, fourfold. Kazakhstan ranked third in terms of total consumption with a 6.2% share.

What are the largest producers of sodium triphosphate (sodium tripolyphosphates) in the world?

China constituted the country with the largest volume of sodium triphosphate production, accounting for 52% of total volume. Moreover, sodium triphosphate production in China exceeded the figures recorded by the second-largest producer, Tunisia, fourfold. The third position in this ranking was occupied by Belgium, with a 9.8% share.

What are the leading suppliers of sodium triphosphate (sodium tripolyphosphates) to Chile?

In value terms, China constituted the largest supplier of sodium triphosphate to Chile, comprising 72% of total imports. The second position in the ranking was occupied by Germany, with a 12% share of total imports. It was followed by Canada, with an 8.4% share.

What are the leading importers of sodium triphosphate (sodium tripolyphosphates) from Chile?

In value terms, Argentina remains the key foreign market for sodium triphosphate exports from Chile, comprising 97% of total exports. The second position in the ranking was occupied by Peru, with a 3.2% share of total exports.

What is the average export price for sodium triphosphate (sodium tripolyphosphates) in Chile?

The average sodium triphosphate export price stood at $1,829 per ton in 2021, with an increase of 29% against the previous year.

What is the average import price for sodium triphosphate (sodium tripolyphosphates) in Chile?

The average sodium triphosphate import price stood at $1,212 per ton in 2021, growing by 4% against the previous year.

This report provides an in-depth analysis of the sodium triphosphate market 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 20134270 - Sodium triphosphate (sodium tripolyphosphates)

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:

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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
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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