Report Update Nov 1, 2024

Chile - Sorbitol (Excluding D-Glucitol) - Market Analysis, Forecast, Size, Trends and Insights

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Chile: Sorbitol Market 2024

Sorbitol Market Size in Chile

For the fifth year in a row, the Chilean sorbitol market recorded growth in sales value, which increased by 85% to $X in 2021. In general, consumption recorded significant growth. Over the period under review, the market attained the maximum level in 2021 and is likely to see gradual growth in the near future.

Sorbitol Production in Chile

In value terms, sorbitol production stood at $X in 2021 estimated in export price. Overall, production recorded a deep slump. The most prominent rate of growth was recorded in 2019 when the production volume increased by 2.2% against the previous year. Sorbitol production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Sorbitol Exports

Exports from Chile

For the seventh year in a row, Chile recorded growth in shipments abroad of sorbitol (excluding d-glucitol), which increased by 207% to X tons in 2021. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sorbitol exports skyrocketed to $X in 2021. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Egypt (X tons) was the main destination for sorbitol exports from Chile, with a approx. 100% share of total exports.

From 2015 to 2021, the average annual growth rate of volume to Egypt was relatively modest.

In value terms, Egypt ($X) emerged as the key foreign market for sorbitol (excluding d-glucitol) exports from Chile.

From 2015 to 2021, the average annual rate of growth in terms of value to Egypt was relatively modest.

Export Prices by Country

In 2021, the average sorbitol export price amounted to $X per ton, falling by -14.5% against the previous year. In general, the export price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when the average export price decreased by -6.7% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

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

From 2015 to 2021, the rate of growth in terms of prices for Bolivia amounted to -7.9% per year.

Sorbitol Imports

Imports into Chile

For the seventh year in a row, Chile recorded growth in overseas purchases of sorbitol (excluding d-glucitol), which increased by 29% to X tons in 2021. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 292%. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, sorbitol imports soared to $X in 2021. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2015 with an increase of 303% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of sorbitol to Chile, with a 35% share of total imports. Moreover, sorbitol imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. France (X tons) ranked third in terms of total imports with a 9.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +61.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+159.8% per year) and France (+35.6% per year).

In value terms, China ($X) constituted the largest supplier of sorbitol (excluding d-glucitol) to Chile, comprising 37% of total imports. The second position in the ranking was held by Turkey ($X), with a 15% share of total imports. It was followed by France, with a 9.2% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +66.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+225.2% per year) and France (+37.9% per year).

Import Prices by Country

The average sorbitol import price stood at $X per ton in 2021, rising by 44% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.3%. 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 2021, the countries with the highest prices were India ($X per ton) and China ($X per ton), while the price for Indonesia ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+25.1%), 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 sorbitol (excluding d-glucitol) in the world?

The country with the largest volume of sorbitol consumption was France, accounting for 21% of total volume. Moreover, sorbitol consumption in France exceeded the figures recorded by the second-largest consumer, Poland, threefold. The third position in this ranking was occupied by China, with a 6.2% share.

What are the largest producers of sorbitol (excluding d-glucitol) in the world?

The countries with the highest volumes of in 2021 were France, China and Indonesia, with a combined 86% share of global production. The United States and Turkey lagged somewhat behind, together accounting for a further 12%.

What are the leading suppliers of sorbitol (excluding d-glucitol) to Chile?

In value terms, China constituted the largest supplier of sorbitol to Chile, comprising 69% of total imports. The second position in the ranking was occupied by Turkey, with a 27% share of total imports.

What is the average export price for sorbitol (excluding d-glucitol) in Chile?

In 2021, the average sorbitol export price amounted to $4,892 per ton, standing approx. at the previous year.

What is the average import price for sorbitol (excluding d-glucitol) in Chile?

In 2021, the average sorbitol import price amounted to $921 per ton, growing by 52% against the previous year.

This report provides an in-depth analysis of the sorbitol 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 20595770 - Sorbitol (excluding D-glucitol)

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